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26 July 2017 | 11 replies
My bank scans the deposit slips in so you can see them for each deposit.
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31 August 2017 | 7 replies
Will, if you are willing to take a "rapid re-housing" tenant (generally these tenants are homeless or are in a precarious living situation) you will have very little problem finding a tenant.
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11 July 2014 | 48 replies
Here's an example of what I'm worried about: I study my market and learn it inside and outI am very educated in my niche I have put together a reliable and trustworthy team I find a house for 15% below market value (for simplicity - the house is $85k, it is worth $100k), which gives me a significant advantage in that I can have a higher cash flow and be protected against small market fluctuations I put 20% down I start renting out the property with an excellent property manager managing it for me I'm making $500/month in pure cash flow after all fees, mortgage, taxes, etc.Two years later, the market starts to take a turn for the worst, and the house drops rapidly in value by 35%I try to sell the house before it drops too far, but no one wants to buy properties when they know prices will continue to drop Rent no longer covers the mortgage and fees due to the incredibly cheap housing market, therefore the house is foreclosed and my credit and reputation with many partners is destroyed This.
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7 June 2013 | 9 replies
This is even more so if the market is rapidly increasing or decreasing in value.
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16 March 2014 | 34 replies
As several realtor/investor colleagues have said in our Austin REIA meetings, the DINK (Dual Income No Kids) movement is rapidly transforming the downtown area.
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10 March 2014 | 6 replies
While you may not have conventional employer sponsored retirement account, you can start building your Individual (Solo) 401k very rapidly.
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22 June 2014 | 8 replies
By reading, listening to podcasts, watching videos, scanning properties on the MLS, and using BP, I stay motivated.
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6 June 2015 | 28 replies
This propery lies on the north side of Baytown which is the area that is growing very rapidly, and will likely continue to do so.
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7 January 2014 | 15 replies
Then we have equity building quickly in the condo (10 year note being paid down rapidly) and a cashflowing single family.
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6 April 2017 | 28 replies
. #1 is to ask for the title company or attorney to put the 'term sheet' on the attorney's letterhead, with a scanned/signed copy.