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6 January 2023 | 2 replies
Forcing a transaction is rarely the most prudent course of action, regardless of the perceived opportunity or benefits.
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9 January 2023 | 12 replies
There are people that would like to regulate Landlords.The people that don't understand that the market (our residents) already force owners to self-regulate; so, the only thing more regulation adds is more cost to residents (it's a government tax on them).
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18 January 2012 | 8 replies
She would act very forceful and it usually ended with the tenet getting the eviction notice.
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29 May 2010 | 12 replies
June 18th school is out, but now she is being forced to move, pull her kids from school, and has NO electric!!
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20 July 2011 | 49 replies
This could force them into markets, areas, and certain properties that are simply bad investments regardless of what the "numbers" say.You use the 1% "rule" assuming 25% down and 6% for 30 years.
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11 November 2022 | 9 replies
You are asking this to establish what THEY think the condition is in.So after they give you their opinion, you ask them:OK Great...How old is the roofWhen were the kitchen and bathrooms last updatedHow old are the mechanicals.You force them to answer these questions where the answers are not "relative " ansers right?
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12 November 2022 | 3 replies
You can't force them to sign.
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11 November 2022 | 0 replies
I am planning on canceling the PMI on the property now that I forced enough appreciation on it, so that will bring the payment down to about $3,300/mo.
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27 November 2022 | 28 replies
All sorts of rehabs/conversions can turn a total loser into a cashflowing property. ...another example: I've built ADUs in previously unfinished basements, which turned properties that were $500/mo negative into properties that now cashflow 1000/mo ...the power move was rolling the construction debt into refis on other properties at lower rates, which more than negated the construction debt...in other words, I got paid to build the ADUs (these days, this isn't usually possible--or at least, it's a lot less likely--now that rates are rising...but who knows, rates might decrease again at some point...). ...Although certain rehabs/conversions can force cashflow, there is real skill and art to spotting properties that are good candidates for these types of rehabs/conversions. ...an effective rehab/conversion is often a lot trickier than HGTV would have you believe, and choosing the wrong property to do this can completely blow up the financial model.Another approach is to learn to find properties that have something that turns off other buyers, but which is irrelevant to cashflow, and irrelevant to your business model.
28 November 2022 | 7 replies
@Landon LeschberAvoid FOMO and make sure your numbers work and don’t force the numbers.