
4 August 2018 | 2 replies
Get HELOC, use for repairs, but then will have interest only adding on to the already high payment of $1050OrPut repairs on the credit cards, min payment could be similar to a HELOC, and then refinance after repairs into possibly a 30year loan, pay off the credit cards before the high utilization’s destroys my credit score, rent it out for possible cash flow of $3-500, wait the 6-12 month seasoning period and then get the HELOC?

14 September 2018 | 26 replies
Remember, just because you may have a longer pay period (30 years instead of 15), doesn't mean you are paying more for the property.

8 August 2018 | 6 replies
@Jordan Slater I would first start educating yourself then decide what you want to do.

5 August 2018 | 4 replies
I don't know if he could be liable for something built incorrectly after the warranty period.

6 August 2018 | 12 replies
For each property within each LLC, I know exactly how much income and expenses they've generated for any given period of time (YTD is best for me).

13 September 2019 | 8 replies
You may wish to use your option period to get a few quotes on the egress window and talk to pros who have done retrofits in the area to gauge potential permitting office difficulties.

4 August 2018 | 1 reply
If it was already on a month-to-month basis then I would argue that you should have replaced it as soon as the first 30-day period was up.Since it is time for renewal, tell the tenant she can sign a one-year lease or stay on a month-to-month at a higher rate.

7 August 2018 | 5 replies
Any suggestions on the most diplomatic and financial way to get the rent up at least $100 periodically until we reach market rate.

5 August 2018 | 2 replies
There are so many great free educational resources online on the details of flipping (and saving on taxes), and even more on straightforward rentals.