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30 March 2021 | 16 replies
The buck has to stop somewhere and no one wants to see innocent people evicted however at this point I have to question their innocents if they have still not found any work or made any attempt to pay for this extended period of time.
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25 March 2021 | 1 reply
When I sat down and did the numbers I quickly saw 3 things: 1) I would need to build a huge portfolio which would take a lot of years 2) To get the cash flow I wanted I would need to attempt to do as much of the property management as possible a.k.a. job #2 3) I may have to invest out of state which would mean turn-keys or property management from a distance.
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25 March 2021 | 1 reply
After several attempts to communicate with him I finally found that the wife's name should have been on the lease and there was a typo.
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25 March 2021 | 4 replies
He uses the other 2 garage stalls as storage for his plumbing stuff (almost impossible to walk around) and has several cars (buried in the snow) and even a semi-truck on the property as a storage unit.Our initial plan was to fix up both units and the refinance them separately and attempt our first BRRRR.
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9 April 2021 | 49 replies
As an attempt at compromise, we moved the family's belongings into the garage and changed the locks on the doors into the house.
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15 October 2021 | 3 replies
Funny - I came across this thread while looking for guidance about attempting a potential deconversion in Chicago.
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26 March 2021 | 2 replies
HOWEVER as a somewhat seasoned investor (15+ years) I think ‘all things being equal’ with the close of this year’s tax season we will see increased inventory and here’s why: It is my opinion that most non-investor buyers which are ‘wiser’ are currently buying NOW because yes interest rates are low but mostly because in 2020 they likely saw a decrease their income and are attempting to purchase a home now before they file their taxes for 2020 which would show that decrease and which would likely affect their chances of getting financing and finding a lender altogether.
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29 March 2021 | 6 replies
After reading Brandon Turner's "No & Low Money Down" book, I've been attempting to get FHA 203k Funding since I believe that's the appropriate way to go in this case.
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31 March 2021 | 3 replies
I am attempting to sell the home now with an agent for a substantial markup.
10 May 2021 | 12 replies
There are more and more bright legal folks questioning the constitutionality of CA attempting to collect tax from a resident of another state.