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22 October 2020 | 4 replies
With the unknown time period for eviction, should we offer $1-2k simply to get her to move out and begin fixing the property for a new tenant?
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21 October 2020 | 4 replies
One alternative would be to set up an interest bearing bank account and simply put the accelerated payments into that instead of paying down the mortgage.
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2 November 2020 | 4 replies
Some providers simply sell the property and the investor is left to find a management company, maintenance personnel, snow and lawn care providers, etc.
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30 October 2020 | 2 replies
Eventually I concluded that less time was spent having folks fill in their own stuff, than was spent with me filling it in for them, and them questioning where/how I concluded that their kids were 2 and 5, the M.D.s pissed that I understated their education years, and so on, all added together.
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5 November 2020 | 6 replies
Or you could simply use websites like BlockFi and buy either crypto currency like bitcoin and etherium and collect 6% interest on bitcoin, or 5.25% interest on etherium while you (hopefully) also get price appreciation.
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10 November 2020 | 7 replies
If your on title then I would think you would simply refinance like you would any other house that you own.
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22 August 2021 | 36 replies
In the case that it’s a smaller multi family, like under 10 units, I’d simply say look for a new lender and learn as you go.
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19 August 2021 | 2 replies
Don't simply think through total rents you'll receive minus your PITI to the bank, but rather you'll want to factor in management fees (if any), Condo Owner Association fees, maintenance and repairs, other utilities, and a capital improvements set-aside for the inevitable things you will need to improve over time.If you're looking at the income minus these expenses and still coming out with a cashflow rate that you are comfortable with, then the only question left to answer is: are you comfortable with the risks associated with Condos?
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30 August 2021 | 25 replies
Use your new entity name as the buyer (contract vesting) and then simply sell your shares of the company to your buyer for your fee.
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9 September 2021 | 101 replies
Way too much stress, but simply bad luck I got dealt those cards.