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23 January 2025 | 7 replies
Here are some thoughts on your choices:401k Loan: This can be a good option since you're borrowing from yourself, but it comes with repayment risk, especially if you leave your job.
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24 February 2025 | 28 replies
Open to all suggestions.Hi Drew, happy to refer you over to my investor friendly PMs here in Columbus Ohio - they are the best in the business and super responsive/communicative and have done an amazing job for both me and my clients!
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13 January 2025 | 1 reply
There are regulationsI could go on, but if you learn this much, and apply it appropriately, you will cut down your sorrows and risk, considerably.And yes, there is much more.
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18 January 2025 | 8 replies
It is what is left after snow removal, cutting the grass, utilities, tenant issues, parking lot issues, property taxes, mortgage payment, etc. that make a difference.
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17 January 2025 | 12 replies
All good, he got the job and started on May, 10, 2018.To make a long story short.
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21 January 2025 | 6 replies
There is so much growth here - population growth, job growth, and companies moving and developing here.
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20 January 2025 | 4 replies
Could be the tenant is not using the service, doing something to attract roaches or the exterminator isn't doing their job.
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25 January 2025 | 155 replies
They could work with an existing lender, do some marketing to help broker, get a cut and make FARRRR more $ with zero risk vs this EMD lending.
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23 January 2025 | 4 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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2 February 2025 | 14 replies
Are most of those gurus just selling courses/cutting a fee on top of an agent?