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22 May 2024 | 19 replies
If you need help staying on top of rent payments and keeping records.
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21 May 2024 | 5 replies
If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.
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22 May 2024 | 6 replies
Therefore, since this loan will end up sitting on the lender's balance sheet, you should be prepared to pay an interest rate that would make sense for that lender to have their money tied up without earning the additional income they would earn from selling their loans at a premium on the secondary market and being able to re-lend and keep flipping the money.
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22 May 2024 | 8 replies
I'll keep you posted if I hear of any meetups!
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21 May 2024 | 11 replies
I told them that it was a better idea that, instead of buying a home first, we can buy an investment property and keep renting after we build some equity, sell it and put the down payment for 2 houses or a duplex and live in one and rent the other one (for me, i could keep renting until we buy a lot of investment properties and then move to one of them), but my family wants to buy a home firts and then the investment property.Can someone give me a light of what is better or the pros and cons.Thank you so much.
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22 May 2024 | 9 replies
This, of course, is not what the attorney wants, as he wants to reduce the number of creditors at issue so that his client can exit bankruptcy with no debts or keep some assets.
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22 May 2024 | 1 reply
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
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22 May 2024 | 4 replies
Was able to maximize the rental income on it through the upgrades and then I did a Cash-out Refinance DSCR to keep the property and it cash flows.
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22 May 2024 | 48 replies
I've done a few deals on my own in and around Detroit, but I've had to dial my investing activity WAY back due to my W2 and other personal obligations, so I'm now leaning heavily on the skills & knowledge that the Upside team brings to keep building my portfolio.This has been a fun thread to read and I love seeing the positive rapport that they've built amongst their investors.