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13 April 2024 | 2 replies
Possible buy doubles to sell on terms for additional cash-flow.
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12 April 2024 | 10 replies
Not only the cash flow, but the unexpected appreciation.
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13 April 2024 | 28 replies
Now, with borrowing at 6% +, the equity investments just don’t seem to make sense.More telling, perhaps, is that my usual sources of deal flow have not been able to come up with those one off GREAT deals we used to get once or thrice a year.
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11 April 2024 | 6 replies
However, on move-in day, the tenant claimed the unit wasn't clean enough and refused to move in, despite my offer to clean whatever was needed the next morning.
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12 April 2024 | 0 replies
Property appraised for 245k; however, it was classified as a c5 which prevented most lenders from issuing conventional financing.I contested the appraisal and the appraiser held their ground, but their supervisor told me that if I slapped a coat of paint on the cabinets (these needed to be replaced due to wood rot) it would be an easy c4.I paid $520 for a new appraisal, contacted all my family and friends, deep cleaned the home and put a fresh coat of paint on the rotted cabinets and over the doors.
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12 April 2024 | 2 replies
This means that if I access the HELOC, I'll need to settle the $130k lien, leaving approximately $114k available in the HELOC.My question is whether it would be wise to proceed with the HELOC now and invest the remaining amount into another multifamily property that generates cash flow, helping to cover the loans.
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9 April 2024 | 4 replies
I plan to tell them the inspections need to be completed prior to any cleaning service or move in.
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11 April 2024 | 24 replies
I have two properties due for inspection by Sept.I heard having windows painting and a HEPA cleaning helps but wondering if anyone has any feedback on how easy or hard it is to pass or fail the inspection?
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11 April 2024 | 4 replies
And dog hair stuck to trim that hasn’t been cleaned in who knows how long.
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12 April 2024 | 6 replies
. $4800 cash flow is projected when the final 2 units are rented.