28 September 2018 | 9 replies
I understand looking for positive cash flow is a good proxy to avoid making bad deals when you’re a beginner, but if you’re careful in your estimates and run the numbers properly, I would believe you can still enjoy a decent return on your property even if your initial cash flow is inexistent.Let’s take the example of a zero-CF property (i.e. it’s zero after opex, capex, vacancy, PITI, property management etc..) in the following situation: I put down 20% as down payment for a 30 years loan, at 4.5%The property doesn’t appreciate over the years and I sell the property after 30 years for the same priceI incur 5% closing costs at purchase, and 5% selling cost when exitingI assume no inflation (hence selling price = acquisition price)In this context, my IRR would be 4.55%.

25 September 2018 | 2 replies
do you want to be "re-located" to a state-sponsored facility instead?

7 October 2018 | 8 replies
If you are a serious investor, you need a good lawyer to setup the correct structure for your current financial situation.

27 September 2018 | 9 replies
Because they said they didn't have anywhere to store it and had a plan (they were just waiting for a spot to open up at the facility), I gave them a week to move it.

26 September 2018 | 8 replies
I've dealt with a similar situation.

27 September 2018 | 9 replies
This kind of language appears in commercial mortgages from time to time depending on the situation.

1 October 2018 | 5 replies
I watch the market and know that she will never find another place to rent less the $625/month that allows animals in the area.I am looking for thoughts/advice on what others would do in this situation.

25 September 2018 | 3 replies
@Benjamin Black In this situation I recommend getting a home equity line of credit.

26 September 2018 | 9 replies
Reason being if deal goes bad you walk away clean and they suffer.I also would never recommend to anyone to have 100% leverage as your playing with fire in those situations.

28 February 2021 | 24 replies
I had a similar situation with a duplex I recently bought, which was also my first investment property.