Account Closed
Tenant flooded my 2 family. Best options?
23 October 2018 | 11 replies
If it can be done in less than a month, then talk with tenant #1 about temporary housing options and storage for their belongings until their unit is ready.
Luis Prieto
Help with horrible tenants
10 September 2019 | 79 replies
Expect anything from sullen recalcitrance to active destruction of your property.You did not specify how permanent the pool and gazebo are meant to be, but even temporary structures will leave some footprint that you may have to remedy to show your property at it's best.
Aaron Wadsworth
Asking for critique, suggestions and advice on 3 potential plans
30 June 2022 | 17 replies
Hopefully, judgement and advice from this forum will allow me to narrow it down to a single choice so i'm very eager to hear from you all;1 - A slow start at a small scale (cash)a) Move in late October, applying for a bank account and small credit cards where feasible to build a credit history. b) Buy a simple and turnkey 3BR single-family to househack for ~ 100k in my own cash (Such as [1.i]), while transplanting or recreating my exterior cleaning business (1.ii).c) As soon as any lender would allow, exit through whatever HELOC/mortgage on the house I could secure in order to buy a new one again in cash, and repeat until a 'normal' lending process is offered.With only the taxes, insurance, maintenance, capital expenditures, and vacancies to account for at first and with room rentals in the area going for around 500-600/month, this seems to be a soft and forgiving method to land, and will become the backup plan regardless of my chosen path.PROS:*Eliminates FICO scores, lender/underwriter scrutiny, and credit history as potential barriers;*Least risky due to small total investment;*Least complicated process, and;*Lowest initial ongoing expenses.CONS:*No leverage - Stuck for a prolonged period before continuation;*No diversification - All eggs in one basket until refinancing;*Effort, risk, and expense of starting a temporary small business, and;*Loan ability throttled by self-employment.
Annette Radvansky
Texas: Am I under obligation to replace the deck immediately?
25 March 2018 | 8 replies
If it is a safety issue, consider some temporary stairs with railings.
Jeff Kehl
Are Vacation Rentals ever cash flow positive?
30 June 2021 | 125 replies
Here in NJ it has been tradition for at least the last 20 years for Highschool kids to rent big houses down the shore and party all weekend after prom.
Steve Londeau
Stocks - Big mistakes you've made?
13 January 2009 | 15 replies
•When did Socialism make its way to our shores?
Account Closed
UN, Russia, and China agree on ending the USD as the reserve currency
21 March 2009 | 17 replies
In order to acheive this, there would be a temporary delinking of the Gold Standard through the legislative process.
George P.
how to re-frame an existing house corner
22 February 2015 | 46 replies
At the risk of sounding trite... if you have to ask this question, you need to hire a good carpenter to do it for you and maybe watch what they do.But the simple answer is that you remove the sheetrock, support whatever needs to be supported, remove the rotted members, replace, and then take down the temporary supports.
Adam E.
$175,000 settlement.... now what?
2 March 2015 | 17 replies
You then put 10K into the house shoring up the plumbing, maybe some new flooring, probably paint, maybe a new water heater, new security/storm doors, etc.
James Gravitt
RMLO License/SAFE ACT
18 July 2016 | 42 replies
Q: May I hire MLOs from a temporary service or outsource company?