Angela Fink
Looking for an "out of the box" insurance provider
5 July 2018 | 2 replies
You have a square peg / round hole situation which is always tricky in insurance.
Matt T.
Is it okay to not cash flow? (Young and Dumb investor)
13 July 2018 | 36 replies
Currently I am not renting in Boston, I live at home for free, most of my colleagues pay 800-900 for rent with a few roommates, I was rounding up a tad.
Brian Barcelona
Property manager/ real estate agent. 1st time buyer
16 July 2018 | 13 replies
(Side Note: if you really want to jump your credit score in a few months (because it takes time for the reporting to update), and if your disciplined with your spending try this;1st) I went and did the math to see what my positive cash flow each month off my active income (let’s say you’ve got $500 left over after you go through your monthly spending avg. which is all you kick out vs what you bring in)2nd) Go get a credit card with 0% interest for 12mths with NO higher than 5% transfer fee.( their are some with low as a 0% transfer and I had got that one on my 2nd round cause my credit wouldn’t let me at first)3rd) do a transfer balance after 24- 48hrs of opening the card (Nope you don’t need wait to actually get the card just call in and tell them over the phone to send a Blanche transfer check to your bank account in the amount of your car Balance; because you’ve only got a 30day window of transfer with 0% interest for the 12mths)4th) PAY YOUR CAR OFF IN FULL, and take your old car note (let’s says it $450mth) plus your $500 positive cash each month and add all $950 each month to pay against the balance on the card5th) in 45days start checking your CreditKarma app (its free) and don’t worry about the 5% if it’s larger than your car loan % because once you’ve paid your car off your score will go up and in a couple months of $950 your car will be paid OFF not in 2more years or so...Thus saving you probably more than $2,000 in interest on the car loan (so you get to keep $$) and time in payments.Your saving money on interest (keeping it in your pocket thus making your pocket bigger!
Medi Sarwary
Aggressive Pre-payment vs. BRRRR strategy?
27 July 2018 | 23 replies
Ideally we wouldn’t buy if it didn’t cash flow in the first place so I’m picking nice round numbers just for simplicity.Loan is 240K 30 yr. fixed at 4.3%Monthly payments are 1,500 Rental income 2,000Cash flow is 500/monthIf we use the cash flow to pay down the mortgage faster we can pay down the mortgage in ~ 17 years and save nearly 80K in interest paid on that loan.
Mark Normandin
New Flipper in Salt Lake
12 July 2018 | 5 replies
After a couple of rounds we are now off on our own!
JD Martin
I need some strategy on bidding on an estate auction for property
30 July 2018 | 58 replies
(Other bidder says 80, I immediately say yep before the auctioneer even asks me to bid...we did this for a few rounds till the other bidders get the feel I would pay anything).
John Allen
Best Laminate Flooring options?
5 September 2018 | 4 replies
I recently did a house with it about 900 SF for $5/sf installed and that included quarter round and cutting in around kitchen cabinets, but the toilet & vanity were pulled.
Peter Prawel
How do you KNOW your lender isn't going to buy your find?
3 August 2018 | 49 replies
. :)the market in all areas is pretty brisk these days so its not unusual for an offer to come in.. someone may have been looking at this property for a few days and the offer just got in and signed around.. unless you talked to the listing agent you have no way of knowing if the offer was presented 3 days ago and a round of counters went back and forth and it just became pending..
Timothy Casallas
Should I sell my non cash flowing condo??
23 July 2018 | 4 replies
Now that I have moved away, I am renting it out to a single family and it is non cash flowing and honestly was a bad deal to begin with all round.
Becca Barnes
Water Leaking in Back Door
26 July 2018 | 7 replies
I used to have at least one of these a month on my rounds for when I did handyman work.