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27 August 2015 | 2 replies
You do not want that as it increases your risk for both properties should some life altering event impact you and or your wife moving forward.
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5 July 2016 | 74 replies
The C and D class assets (weak hands), will get slaughtered in a massive deflationary downturn, and the A and B class assets will be impacted less as investors with strong hands will be holding these assets.Minh, I've been posting on Bigger Pockets for 6-7 years now and have read many of your posts, and you are definitely among the smartest investors I met here.
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27 August 2015 | 6 replies
That will impact your monthly payment also.
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27 September 2015 | 12 replies
A loan with a 20 year amortization can drastically impact your numbers compared to a loan with a 30 year amortization.
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1 September 2015 | 6 replies
you could still make it work. your vacancy is a bit high for a multifamily property. remember not all units are going to turn over annually or at the same time, so your impact on making your expenses will be less. if you run 3% for vacancy and 8% for PM. your numbers are a little closer to break even. also if you increase your rents as indicated, then that will also help. triplex in tampa in a good area are hard to come by.
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13 September 2015 | 14 replies
They do not need the money but you do or adverse consequences might happen impacting you greatly.
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3 September 2015 | 6 replies
However I do know that industry uses dangerous and environmentally problematic chemicals.I would be VERY concerned with inheriting an expensive environmental liability problem created by the previous ownership.If I were buying this kind of business its something I would investigate carefully and probably have an outside expert involved.
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14 September 2015 | 6 replies
Go to creditboards dot com and you will find more information than you ever wanted to know.The real answer boils down to this: Those AU accounts probably aren't helping your score much right now, and removing probably won't have much impact one way or the other.
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30 March 2017 | 4 replies
Keep up the good work and let's see if we can have a positive impact!
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5 September 2015 | 2 replies
Don't worry...you won't feel the impact