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13 April 2018 | 5 replies
You can find several products that can be attached to a window which creates a second egress (think emergency rope ladder) these are cost effective and can be stored in a case as to not be messed with.
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13 April 2018 | 4 replies
Now, I don't begrudge anyone from making a living, and I always seek to create win/win business relationships - but honestly I could quit my high-income white collar job and bill myself out for snow shoveling and gross more income if people are paying these prices in the bids.
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22 July 2019 | 10 replies
Personally, I was advised by my attorney that LLC's create a lot of unnecessary paperwork and to get a good umbrella insurance policy instead.
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13 April 2018 | 1 reply
Now I just created an LLC this year 2018.
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13 April 2018 | 2 replies
.: $850 8% Vacancy Rate (average is 7-8%) 4% Management Expenses 10% Capx/Maintenance (I’d prefer 15% but I’m ok with this giving value add opportunities I've identified) Offer 1 – I want to show the seller what their ideal deal looks like with their asking price and how it doesn’t work with traditional financing that creates negative cashflow for buyer.Purchase Price: $400,000 Down Payment: $80,000 Loan Amount: $320,000 Loan Payment: $2,292 monthly (bank with 6% and 25year amm.)
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16 April 2018 | 41 replies
Once closed you could refinance a portion so that you still create a decent cash flow but can then leverage capital elsewhereCONS - leverage - you could be leveraging your cash into another investment.
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3 July 2018 | 48 replies
Hopefully subprime returns, remains a niche, but doesn't create financial instability like the last crash.
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16 April 2018 | 1 reply
You would have to split the lot and create new address, which could cost you a lot of money and time.
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20 April 2018 | 3 replies
We would create a promissory note and our names will be on the deed.I came across this checklist: https://www.camaplan.com/resource-center/private-lending-checklist/ to learn about the due diligence I need to take.
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18 April 2018 | 2 replies
Why not create another SMLLC and put rental under it.