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23 January 2025 | 15 replies
.- If you build a good/great portfolio, you will have multiple exit options you can evaluate annually or whenever.3) Don't overleverage beyond your risk tolerence.
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12 January 2025 | 185 replies
It ends in a $395M annual loss and entire brand tarnished by political spin.
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16 January 2025 | 7 replies
Fortunately/unfortunately I don’t have any Facebook or other social media accounts.
13 January 2025 | 41 replies
I wonder why he cancelled his account?
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20 February 2025 | 16 replies
You’ll want to account for vacancy, capex, property mgmt, repairs, etc.
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18 January 2025 | 12 replies
@Mike Terry sounds like a pretty good argument to go after the property, I think your question is more along how to value it, and account for the deferred maintenance.
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5 February 2025 | 54 replies
You can still get positive cash flow even accounting for a PM - tons of my clients do as well!
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15 January 2025 | 8 replies
Coghill they are trying to take care of several things:1) Approval to access credit reportsA video tour of my home office (required by the credit repository to show security, so access to office & computers is limited to avoid data theft)Credit checks on me and my partner (required by the credit repository to make sure you are not criminals looking to steal others' data)Copies of the deeds for every property we own (required by the credit repository to confirm you aren't just self-serving)A copy of my partner’s home lease and utility bills (required by the credit repository to prove his legal address, so they can pursue him criminally if he steals data)Business phone bills (required by the credit repository to prove an actual business)2) Approval to use banking ACH system to accept tenant payments and pay ownersBusiness phone bills (required by banking industry to prove business legitimacy)A signed letter from the bank verifying our accounts (to prove legitimate business banking accounts.
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14 January 2025 | 19 replies
Since you're analytic savvy, run some high level amortization schedule scenarios to see how much equity you gain through annual principal payments.
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14 January 2025 | 1 reply
If she is getting close enough to thinking that there will be an income disparity, she will stop at nothing to compel my husband to provide income documentation.All finances are joint except for the rental, which I keep rents for in a separate checking account and track spending for.