
24 December 2020 | 21 replies
Lets say someone has a dark commercial building that eats $40k a year while its dark.

24 December 2020 | 79 replies
I mean really, in this case of this post, even if the tenant had sold the OP's snowblower, she would end up financially far, far better off to eat that $100 loss and get rid of the tenant in the least confrontational way possible (which she managed to do without the loss), than to confront him and have him stop paying rent with a national eviction moratorium.

28 February 2021 | 20 replies
I am interested to hear other arguments.Two different animals generally speaking.

6 January 2021 | 35 replies
The issue with turnkey properties is that they eat up a lot of your profits.
18 December 2020 | 3 replies
If you're talking about something that's more than 5 years old, I'd probably eat it.

21 December 2020 | 8 replies
He would wake up at 4am, go to sleep around 11-1am and eat whatever was easiest.

23 December 2020 | 3 replies
It's an entirely different animal, investing in real estate in Canada.

23 December 2020 | 8 replies
I just finished reading Eat That Frog with my team.

28 December 2020 | 7 replies
Refinanced at $2697/month- $2,480/month (cashflow from line above) = -$217/month for the remaining 6 mos. of the 1st yr after rehab Refinance Details: NOI of $49,644 (from above line of rent @ $800/mo) at a 7.4% cap = $670,865; 75% Bank Refinance of $670,000 = $502,500 $502,500 - $265,000 (Hard Money Loan) = $237,500 (this can pay the seller-owed amount of $284,674 down to $47,174 which equals ~2 years of payments of $1721/month) **Refinance is based conservatively at a 5% interest rate and at a 7.4% cap rate which is typical for the areaYear 2 Cashflow after Rehab and Refinance + Owner Finance Payments: -$217/month or -$2,604 annually (eat into Reserves to break even?)

4 January 2021 | 23 replies
The CA market is a little bit of its own animal, I give you that, but for most of the country and for the midwest in particular we have very strong indication that we will keep going down the same path in 2021 and beyond that we have followed this year.