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Results (10,000+)
Lawrence Paul Cash out Refinance OR ???
11 September 2020 | 6 replies
Hello again everyone,This question has been bothering me for quite some time now, so:I have a one door condo flat on the second floor w/ HOA that currently cash flows about 400/month.Purchased the property for $110,000 and the bank required $50,000 down (not dealing with this bank any longer).I put roughly $7,000 worth of work into the property and the unit will need a new AC unit next year ($4-5,000)5% over 25 years.Current value is between $160-165,000 (comps in the same HOA).Currently sitting on about $40,000 cash to cover any possible problems and looking for deals (dry in my area).Have two identical units, plus another similar unit that I live in.-- SO --Should I do a cash out refinance on the property and lower my cashflow to roughly $100/month, but pull out roughly $60,000?
Kate Zolov Advice on replacing vs painting siding
13 September 2020 | 5 replies
We also saw one more house being remodeled on our street, couple of doors from us, they are replacing siding now, so probably it's our competition for top dollar on the street ) The only one thing bothering us, is it ok to leave aluminum trim around windows?
Shaun Collins First-time House Hacking a SMF in Fresno, CA
19 September 2020 | 4 replies
I will say that I was ok visiting that area and I agree with you about the homeless problem but they tended to keep to themselves and not bother anyone...
Ryan Bratsch Starting Home Renovation Business On The Side
22 September 2020 | 4 replies
As the guy who has founded, built and lead several construction and remodeling companies to success, my best advice is understand you know about 5% of what it's gonna take, and never let that bother you, it's a process, what matters is pressing forward and constantly learning, growing and evolving to being the master of what you do. 
Kris L. LLC question: Advantage to multiple shareholders
30 April 2019 | 3 replies
The flip side is that you've just opened up your multi-member LLC to your bother's liability.
Mark Sam $500,000 SFH & $200,000 Cash, 21 year old, What would you?
2 May 2019 | 27 replies
Dont bother with computer science unless you love computer science and programming.2.
Jason Garrett Hurricane Sally Help?!?
22 September 2020 | 8 replies
It bothers me that they know about this problem that can jeopardize lives, yet they aren’t doing anything about it.   
Leslie Hsia Understanding the Different Returns & How/When to Use Them
20 September 2020 | 1 reply
Internal Rate of Return = I won't bother writing out this equation, but I understand it to be setting the NPV = 0 and solving for the discount rate "r"Notes: Accounts for time value of money; gives a sense of "true" returns4.
Alex Mulcahy Waiving Contractor Change Order
14 January 2021 | 6 replies
I understand the potential benefit is that I don't have to be bothered with every update to my scope of work that is required in the project however the potential downside is that if the scope creep is too large it may make my deal no longer profitable.
Michael Temple Master Lease and Property Management Model
18 January 2021 | 7 replies
You know that old saying "if it sounds too good to be true it probably is" rings in my ears when I heard his story.However even before I met this guy I had heard of this concept of master leasing, but I never bothered to explore it.