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23 January 2025 | 56 replies
Yes, the upstairs needed it, but tearing out the downstairs not only cost a lot that was not in my budget, but also greatly added to the cost of the rehab.I kept asking Chris when the Spokane house was going to be done; he told me he needed more money.
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5 January 2025 | 17 replies
Also, it's likely that a slightly smaller amount of each payment will go toward principal since the loan balance is higher and the rates are likely nearly the same once the MI of 0.5% is added to the rate.
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4 January 2025 | 26 replies
We used to try to offer to comp and cancel right away if they were a pain so their stay would be eliminated, but I don't know if you still can do that.
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14 January 2025 | 25 replies
I did a comping analysis and this would cash flow as is and do well with some added amenities I plan to add to it.
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14 January 2025 | 23 replies
The Due On Sale clause was added I think in the 1980s because of "sub-to" deals.
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16 January 2025 | 78 replies
Search markets that work for your goals then eliminate from your list the ones that will not fit with your lifestyle.
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31 December 2024 | 2 replies
We eventually plan on adding more properties and its not whether we should or should not create an llc, I believe we are set on it.
1 January 2025 | 2 replies
If I were a business, I would have added significant penalties to the landlord for breaking the lease.
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20 December 2024 | 2 replies
I'm currently reading David Greene's book on BRRRR and was curious about how you all go about planning or visualizing added rooms to potential purchases.
13 January 2025 | 41 replies
Adding in the layer of not being on the loan but holding title just sounds like it will eventually lead to problems like OP experienced.