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22 September 2020 | 15 replies
What would you say is now (or was) your biggest stress point over it?
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21 September 2020 | 3 replies
Adjust your Fees and SplitsAnother creative way to make a deal work is to consider reducing your fees.
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21 September 2020 | 0 replies
Before signing, they asked us to reduce the rent because they had lost their jobs due to Covid.
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14 October 2020 | 6 replies
The purchase price is going to be reduced to $16K and the rental rehab is estimated to be $45K.
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22 September 2020 | 10 replies
Why real-estate:Like Robert Kiyosaki says in Rich Dad, Poor Dad, owning a house is a sentimental choice for many, while real estate investors stress the importance of securing assets, not liabilities.
23 September 2020 | 3 replies
Without this the rest of you liability tiers may be voided.2 - Umbrella policy - pretty much another no brainer - its cheap protection. 3 - manage debt loads - if you are comfortable keeping a higher debt limit, it is a strategy to reduce your net worth and make that target smaller. this comes into play when considering tapping equity in existing properties.these 3 should get you started. but its all up to your own risk tolerance.
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24 September 2020 | 88 replies
It’s a great book I have read twice that stresses the importantof getting your own financial house in order before you start investing at all.
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6 March 2021 | 11 replies
On both the upstairs and the downstairs I finished the remodel the day before tenants moved in, definitely stressful but talk about efficient margins!
25 September 2020 | 5 replies
After a back and forth he said if something was misrepresented then it was unintentional and he apologized and asked for an opportunity to make it right.His proposal to make it right is he will reduce the outstanding balance by 9K to bring it to 45K, and he will loan me the 6K difference between the 39k the bank will loan and the 45k outstanding.
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4 November 2020 | 68 replies
The County reduced the tax rate by the amount that the property value went up.