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23 February 2018 | 12 replies
I like @Adam Schneider, @Chris Martin, and @BJ Henderson 's remarks.The bottom line is that your question is too broad to answer, as there are way too many unstated variables.But if I were to make some assumptions about your question, my own couple of pennies is that if you're smart, driven and persistent (and probably a few other choice adjectives), a beginning investor has a chance of making it work in the Raleigh market.
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1 January 2023 | 10 replies
If they owe more than the deposit will cover, include a demand for payment of that additional amount and a deadline for payment (15 days is sufficient).
8 March 2018 | 2 replies
Previous landlord references, evictions, credit scores and sufficient income (over and above their voucher amount) to show their ability to cover their part of the rent if applicable.
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1 January 2023 | 3 replies
Granted, that calculation is just with simple interest not compound interest, but it should be sufficient to get the idea.For example with round numbers, let's say you have $100,000 to invest at 3.3% -- that's $3300 of simple interest. 82.5% of $100,000 is $82,500 and 4% of that is also $3300.
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1 January 2023 | 6 replies
US Treasury liens, usually, IRS, if file after another lien was filed, can be removed from property attachment via a foreclosure IF the government agency holding the lien was given sufficient notice as determined by Federal law.
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21 October 2011 | 102 replies
My mom's house HOA are higher than that).I don't think I had too many choices, so buying a rental and hiring a professional to manage it and deal with all stress and me just watching money pouring into my bank account sounded like a wonderful idea to me, LOL.
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22 December 2022 | 1 reply
Everyone deserves a chance, but I prefer my operators to get their training on their own dime versus my hard-earned money.Match Your Investment GoalsJust as the best plumber in town would not be a good choice to give you heart surgery, a growth focused operator will not be able to provide you the cash flow you need to live on.
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2 January 2023 | 3 replies
This can be very expensive and is usually the worst choice to make because you can't justify the cost.2.
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2 January 2023 | 34 replies
If they say no, you need a new PM, a professional and then you have only 3 choices.
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4 January 2023 | 19 replies
This would really speed up my cash out refi process with my banker of choice.