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24 February 2024 | 4 replies
If the numbers make sense and you can gain their trust, the deal will work out!
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23 February 2024 | 1 reply
Someone who works out of state with fire and government jobs but maintains permanent residency in home state with intent to return on taxes, license, etc. What is the best way to appease underwriters with an FHA? They...
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25 February 2024 | 17 replies
Most of the time by the time I’m running an actual background check/credit check I’m pretty sure the tenant will work out.
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24 February 2024 | 6 replies
Have exit strategies in case things go wrong and always have a backup plan in case it doesn't work out.
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26 February 2024 | 28 replies
But if you break it all down yourself, its a negative CoC return and you are losing $......yes there are tax benefits, loan paydown, etc. but that still doesn't make up for the fact you are profiting 0, especially if you are investing in a cash flow marketIn the end, if you are just looking for places to park $$$ for the long term it may work out, but if you are looking to make an annual return on the money you put in there may be better ways of doing it.Just my 2cents on this, I'm not a big time investor like some of these guys and they are a successful for a reason.
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22 February 2024 | 5 replies
Keep track over the years and see what properties which work out well and what ones are loosers to get rid of.
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22 February 2024 | 7 replies
If it does not work out, I will consider the stock market which has more risk, but life is all about taking risks, right?
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23 February 2024 | 14 replies
You're either going to sell at a loss and have to make the difference up at closing from your other assets or you're going to work out the debt on the property, get tenants in there and dispose of the bad memories whenever you can do so at a reasonable profit in the future.
22 February 2024 | 7 replies
They didn't specify specifics, but they said that they will work out a new rent schedule to account for the transfer of costs from yourself to them for heating and cooling.Incidently, they were trying out these new window heat pumps that look like a horseshoe.
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22 February 2024 | 50 replies
How did everything workout?