Michael Bacile
First time investment/ property manager?
30 October 2018 | 12 replies
Or did you just pay for specific services in that regard?
Jennifer McPherson
NEWBIE - Help me analyze this deal
28 October 2018 | 6 replies
Your total expenses (not including debt service) is coming in at 30% of GSR, that's really low, like REALLY low.
Ray Rhoads
Cash Out Refinance - Job History
15 November 2018 | 4 replies
If this was a rental some commcercial lenders or asset based lenders could be do a cash out on the property as long as the rental income covers the debt service and they won't even look at your personal income.
Alan Walker
If You're Paying Mortgage Insurance, You May Be Able to Drop It
29 October 2018 | 2 replies
If you've owned your home longer than two years and are paying mortgage insurance, it may be a good time to either refi out of mortgage insurance or, depending on the type of loan you have, call your loan servicer and ask that it be removed.
Justin K.
Eviction Nightmare with aggressive tenants.
29 October 2018 | 98 replies
Unfortunately the guy can do a lot of damage to a property, really in no time at all.If this were my problem I would be on point at the location with a private security service as well as local PD, camera in hand and rolling the entire time.
Jay S.
4 unit deal in Chicago suburbs
28 October 2018 | 4 replies
Numbers are as follows....This is my first deal and am looking for some more experienced guidance.Monthly Gross Rents: $3700Laundry & MISC: $100Annual Scheduled Income: $45,600Vacancy 2% & Loss: $1000Gross Income: $44,600Expenses:Taxes: $10,000Insurance: $1500Trash: $600Lawn Maintenance: $800Snow Removal: $500Gas: $500Electric: $1300Cleaning/Janitorial: $900Repairs: $1000Turnover Replacements: $1500Legal: $300Total Projected Expenses: $18,900Projected NOI (before debt service): $25,700
Gabriella Vehrs
To Scott Trench: What is a good personal finance foundation?
24 December 2018 | 4 replies
I maintain a high savings rate and have stashed away a large cash reserve.
Isidoro Commisso
Negative family feedback!
26 October 2018 | 2 replies
You look for a property that needs a bit of work to get it at a discount, spruce it up, put into service with a tenant.
Jay Truong
How to End Contract of Tenant Who Has Mental Disorder
30 October 2018 | 12 replies
Report the lack of electric to social services Tape the notice to the door , take a picture with that days newspaper showing the headline , that helps verify the date .Also send certified mail
Ernesto Hernandez
What is Boots on the Ground to YOU?
26 October 2018 | 0 replies
Good afternoon everyone, As an Out of State/ Long Distance investor, what services would you ideally like to have performed on your behalf?