Shiv P.
Buy 100% in cash, then HELOC as a down payment to buy a business?
20 October 2020 | 5 replies
But I am tired of renting, and am thinking of ways to deploy my cash, build equity instead of paying rent, and still have access to funds for a downpayment for a business acquisition.The big assumption of course is that I am able to buy a business near the house I would buy.
Palmira Angelova
Old house - how much to budget for major repairs + maintenance?
6 November 2020 | 18 replies
I recommend a Post Compliance Lead Determination (PCAD) every 5 years or so.Here's the law (emphasis added by me):460.100: Duty of Owner(s) of Residential Premises (B) Whenever any residential premises containing dangerous levels of lead in paint, plaster or other accessible structural material undergoes a change of ownership and as a result a child younger than six years old will become or will continue to be a resident therein, the new owner shall have 90 days after becoming the owner to obtain a Letter of Full Compliance or a Letter of Interim Control, except that if a child younger than six years old who is lead poisoned resides therein, the owner shall not be eligible for interim control, unless the Director grants a waiver pursuant to 105 CMR 460.100(A)(3).
Christopher Choy
ATTN Canadians: Cities w/ balance of cashflow and appreciation?
17 October 2020 | 8 replies
Hi @Christopher Choy One way to do it, that I've been hearing more and more, is to invest in a high appreciation location, and then access the equity that builds up using a HELOC, which you can use to invest in a cashflow friendly areas, like Edmonton or Calgary.
Joe S.
Renting furniture for a short term rental?
15 April 2021 | 7 replies
Not sure if it has changed since you last looked, but AirDNA gives free access to the "Rentalizer".
Owen Dashner
Question for Hard Money Lending Biz Owners
30 October 2020 | 16 replies
This is a very easy and time-efficient way to pool money without a security exemption if you can do it.There seems to a trade between how much control you’re willing to give up and the amount of cash you’ll have access to.
Daniel Consalvo
Property Management north of Worcester Massachusetts
17 October 2020 | 7 replies
If you delead, and maintain the standard, you will be in the clear.Here's the law (emphasis added by me):460.100: Duty of Owner(s) of Residential Premises (B) Whenever any residential premises containing dangerous levels of lead in paint, plaster or other accessible structural material undergoes a change of ownership and as a result a child younger than six years old will become or will continue to be a resident therein, the new owner shall have 90 days after becoming the owner to obtain a Letter of Full Compliance or a Letter of Interim Control, except that if a child younger than six years old who is lead poisoned resides therein, the owner shall not be eligible for interim control, unless the Director grants a waiver pursuant to 105 CMR 460.100(A)(3).
Seth Hochberg
Best Way to Pull My Money From Retirement Accounts
26 October 2020 | 19 replies
All my life, my financial aspirations have been to max out my retirement accounts, but now I am trying to access my capital to get into real estate.
Spencer Gonzaga
How low do I go on an offer price?
15 October 2020 | 3 replies
I have been in the house twice already, nothing stands out as a major issue although when I requested to look at the basement, the realtor reported that he does not have access to it at the moment and that we can gain access once a home inspection is underway.
Mark Ainley
Chicago 6 Flat Needs Financing
16 October 2020 | 5 replies
Seems crazy to me, but I'd definitely like to hear if there are creative ways to access that capital.I do know that @Yan P. recently came out with a new product for longer term loans, he is my go-to guy for anything finance related.
Megan Deppe
WiFi tools for self managing STR’s from a distance
19 October 2020 | 14 replies
I use the Sentrilock box so can change the code from afar and also get notification every time someone accesses it.