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27 August 2015 | 3 replies
Because this is your first park this might be the perfect and safe opportunity for you to get in and establish yourself in this niche.There is definitely much due diligence to proceed with moving forward.
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26 August 2015 | 2 replies
Do you feel safe walking around that area?
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26 August 2015 | 1 reply
@Kyle N..Here are some rules if you're a landlord wanting to sell on termsWhat not to do: sell on contract for deed or sub 2You can bring them to a RMLO and see where the problems are, mortgage origination is never been more difficult.To play it safe I would bring them down the bank, have them open up savings account, and automatic withdrawal out of their paycheck for 5 to 10%, and that money is for the down paymentThen I would give them a lease and a right of first refusal of which is better for you than giving them an optionHave them go through the FHA home education programIf you want to help their credit, help them do a "bank round Robin" to create a history on their credit report thats brand-newYou go to bank one, give the bank $1000, ask for $1000 loan that's reported on the credit report, pay it off, go to bank too repeat that process.
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29 August 2015 | 3 replies
My offer is contingent on inspection so I should be safe.
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14 April 2017 | 10 replies
I would try SFH to be safe. if not, check HOAs financials, what they actually cover vs charge (this will def effect capex).
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19 April 2016 | 262 replies
Safe driving everyone.
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27 August 2015 | 8 replies
I think I'm safe there but I will double check the law.
28 August 2015 | 10 replies
Also, in times of economic instability there are no "safe" regions or safe metro areas.
26 May 2020 | 4 replies
Better safe than sorry.
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27 August 2015 | 0 replies
As long as I provide clean, safe, habitable housing, I don’t have to worry about slum lords, because their tenants wind up being my tenants and if similar competition becomes an issue, than it’s up to me to either adjust my rents or provide better amenities, but as long as I have that control, I don’t have to worry about outside forces affecting my operations, which brings up another great quote by Sir Isaac Newton after he lost money in the South Sea Bubble, “I can calculate the movement of the stars, but not the madness of men.”The other reasons real estate is a superior investment is because I can get a loan from my banker to help me purchase real estate.