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3 July 2018 | 48 replies
I had so many people calling in those years HELP my apartment loan will not renew what do I do its a great property and its current.Now most of the folks on BP are new and started after 08 and that's great for them .. and I am not predicting this in any manner.. and many have nice 30 year fixed.. but those that buy on 20 due and 5 there is real risk as remote as it is.. just because a bank rolls one 5 year over does not mean for a minute they will roll the next.. then you had a Hedge fund like Rialto buying all this bad paper and just stomping on these owners.. people I knew were forced into bankruptcy Rialto would not deal .. and to make matters worse that company got 5 B of tarp money.. so our tax payer dollars was creating this huge win for these guys.. it was ugly.. but its all good now..
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14 June 2019 | 16 replies
About a year later and Duplex that I bought at Foreclosure has been rented out to two sisters both with children and is cash flowing nicely the sfh that i bought from the landbank in Louisville is done and also rented out, also bought another property and working on buying my 4th house in Louisville hopefully closing this next week.
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7 September 2018 | 22 replies
There's a nice restaurant/bar called Houligan's on International Speedway Blvd. 1725 W International Speedway Blvd, Daytona Beach, FL 32114.
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18 April 2018 | 9 replies
You can absolutely buy a rent-ready nice property and make money (that's all I've ever bought), but you need to just look at the numbers.
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18 April 2018 | 0 replies
This actually sounds nice, since it means that the downpayment can be collected in a more relaxed manner, but its also tricky for obvious reasons.Is 8% of the total monthly rent a lot?
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23 April 2018 | 22 replies
Even for rentals I like to make them real nice to attract the cream of the crop tenants and separate my units from the rest.
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20 April 2018 | 2 replies
Our strategy is to find a property to buy, rehab and hold as a short-term rental on Airbnb that we can use when we visit the area.
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21 March 2019 | 12 replies
So, I'm looking to visit Puerto Rico sometime this fall.
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18 April 2018 | 4 replies
It is important to be able to analyze the trailing 12 month financial statement of a property and take a deeper look at the loss to lease by examining the rent roll.Ideally, you are lucky enough to have an excel version of the rent roll provided to you by the broker or the owner you are interacting with on your potential acquisition (or.. if you or someone you know is developing a character recognition software that is able to read a PDF version of a rent roll and convert it to a nice, clean excel version please let me know!).
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18 April 2018 | 2 replies
There are good and bad but you'll mostly hear about the bad.The truth is, if you want good tenants you need to educate yourself on what makes a good tenant and then screen applications until you find one.If you want a good property manager, you need to educate yourself on what makes a good one and then screen them until you find one.Far too many Landlords hire the manager with the lowest fees or the nice office or the pretty face or the fancy car or the...you get the point.