Bruce Lynn
Tax Sale Hell in Florida
19 June 2019 | 2 replies
$100 or so title search probably would have averted this
N/A N/A
Broad Strokes
16 October 2006 | 2 replies
This is where my mind is now;[i]Commercial properties are less risky/stressfull investmentsRenting properties should be done through a mgmt service, otherwise you cannot expand; the details will drown youBirddogs would be useful if there was a way to qualify their trustworthinessBecause I want a "job replacement" income stream I need properties that will show positive cash flow in the short term.Diversification should help avert portfolio collapse.
Aaron K.
Is Wholesaling the New Guru Strategy?
22 December 2023 | 48 replies
its the same with flipping.. if everyone that went to a wholesaling and flipping course actually did any thing.. there simply is not that much inventory to buy in most markets.. it works in the still dead and dying areas were you may have 2 to 5k vacant homes in an MSA it works fine there still.. but in most markets no way.. very tough.the guys I know that do wholesaling profitably and not just sitting home by themselves have Massive marketing budgets 10 to 50k a MONTH.. they have staff they have closers that go out and do the deals.. they run it as a vertically intergrated business.. and those guys can make good money 500 to 1 million or more a year net.. that's good money..
Karen Margrave
New Subdivision Development
2 July 2017 | 47 replies
@Jon Klaus A & D loan = Acquisition and Development And once we go vertical then they pay off the lots that are encumbered by the A and D loan and it converts to a vertical loan.
Duke Giordano
Syndication Using Fixed Rate Debt
30 October 2022 | 10 replies
I guess I should have mentioned that ideally this not be too onerous, or to possibly negotiate that yield maintenance gets released after say three years depending on the fixed rate loan timeline (this would need to be paid for upfront).Another key point that might allow an out clause while being able to avert yield maintenance penalty that I also forgot to mention is to be sure that the "Loan is Assumable" so that a purchaser of the property could assume the loan.
Dylan Barnard
How to Get Rid of Hard Water Stains
17 October 2020 | 10 replies
Also, if the stains are on a vertical surface; you can put CLR in a spray bottle and spray/paste paper towel on the stain.
Account Closed
Crisis Averted
24 January 2013 | 5 replies
Tenant called me on Saturday saying the bathroom light wasn't turning on. Went on Sunday to check it out. Turns out it was a bad light switch.. YES, A BAD LIGHT SWITCH! How often does that happen?!? Anyway, on my w...
James Wise
Clayton Morris / Morris Invest House of Cards starting to fall.
27 July 2023 | 1679 replies
Soul Challenge averted.
Chris Carrillo
Do rents go up or down in a recession?
8 October 2019 | 9 replies
then at least in on the West coast ( and maybe Russ can chime in on his market) but rents went on a vertical tear upward.. basically almost doubling from 2010 until today were they have peaked and are softening.. which is about the same for home prices across the board with some higher end stuff seeing some significant reductions.. starter housing still strong in most markets thoughthe only place that was building like crazy that did not really busto I think was Hot spots of Texas. and for sure rents in the " Cash flow markets " were stable we were getting 700 a month for a little mid west bungalow back then and you get about the same today.
Brit Hale
PTAC Heating & Air Units - Your thoughts?
13 November 2018 | 4 replies
@Brit HaleYou can use a vertical PTAC for this-made by GE, does heat and cool but must be installed on an exterior wall.