Also known as “credit invisibles,” these are mostly low-income minorities and immigrants, and having access to their personal habits and behavior as exhibited on the internet is supposed to help banks and other lenders “profile” them precisely enough to determine if they should be given a loan.On the other hand, citizens who are “scorable” but whose score is low might suffer in the new system now in the making, as their online activity could persuade lenders to cut them off from access to money.Although the move in this direction looks inevitable, some key answers are missing: what data scraped from the internet will be used to determine someone’s credit rating, and how it will be secured.IMF’s post warns, however, to expect an “efficiency-privacy trade-off.”https://reclaimthenet.org/imf-...

We ran the numbers and at first glance it seems like an awful situation with a -61% CoC ROI while we live in one of the units, but reminded ourselves that it would significantly cut down on our living expenses and when we move out to repeat the process we will have a 131% Coc ROI on that property with a great long term interest rate and cashflow.

Measure twice, cut once. 

Please email me with some project pictures you have done in the last 6month Looking for GM, siding installation, window installation, Handyman for this and that, Landscape tree cutting Plumber, Electrician, and HVAC.

You could cut them in as a partner and give them equity in the property or you can treat them as a lender.

Hi Adrienne,You cold pull up the carpet and have a look at the subfloor--maybe it's OSB from some old packing crate in that spot.If the joists feel solid underfoot and the area to each side feels bouncy, the floor wood may have failed.If that is the case a contractor may be able to cut 1/2 way along the joists on each side and insert new "Flooring grade PLYWOOD" of the same thickness as the rest of the floor.The carpet will probably need to be "Knee-ed" back into place by a carpet installer to prevent wrinkles.Be ready for anything when you open it up (meaning idiotic workmanship such as joists with way over-large notching for plumbing, etc...)This may also be a harbinger of things to come (or it may just be an isolated indecent.)Good Luck!

Hi Apurva,53 units -- It would be smart to talk to an Architect who does multi-family (In your general area) about the cost of doing a restyle as well as colors.Especially if you choose a Hardie (Fiber Cement type) product.With Hardie (Type) products, read the upkeep instructions, some require re-applying the joint sealers (factor that into your maintenance budget).Also with Hardie (Type) products there is a service life to the color...some come pre-colored, some your contractors must paint on site, (some require priming of cuts when installed)---talk to the Architect about the maintenance schedule and the CAPEX for this.Hardie makes big sheets of this for multi-family that Architects can use for visual effect and ease of installation.With 53 units--springing for an Architect to help with this would be intelligent.Good Luck!

When should you start thinking about cutting back your W2 hours, so you can do something more productive with those hours?

So my question is, I have about 100k in school loans, should I save every dollar I can to put towards down payment and renovations (just do minimum payments for loan) for when I get to Arizona and buy house...or should I look into what the market is, how much the house will be, and kind of budget a way of saving just enough to have x$ for renovations and nonpayment and try to cut down on my loans as much as possible. 

I managed my own properties for 3 years before becoming long distance invester.Door lock change out - $245Adjusted supply air to move towards the room - $246Garage service door repair - $245 (no details of what repair)Bagged and hauled away wood from trees - $175 (on a property with no tree or wood around)Gas oven, gas leak adjusted and tightened line - $248In addition routinely charging me for grass cutting and snow cleaning when leases clearly say tenants are responsible.