Michael Longobardi
80k cash flowing property - traditional loan is ~30k out of pocket
14 March 2014 | 2 replies
I know it's not ideal to put that much down up front, but the positive side is increased positive cash flow and a nice boost to your personal net worth!
Daniel Peavey
Acting as a bank
8 December 2014 | 30 replies
Market value may not included some future influence unknown at the time of the sale.
John Thedford
Tenants Shorted Rent Check $75..And I DON'T Back Down...
4 October 2014 | 39 replies
I suspect there is someone (boyfriend not living there) influencing her not pay.Tenant said she sent the check a month ago, I let her knew we never got it via phone, text, mail, and email, she hasn't responded to anything.
Account Closed
How to manage SFRs without a property manager.
4 October 2014 | 24 replies
The work involved in management was minimal...still I was paying 7% a month, every month, to my property manager.To saving money and boost my return, going forward I decided to hire leasing agents to help me locate qualified tenants, then I would manage the properties myself.
Colin G Murphy
Struggling to release equity on a debt free SFR worth $350k
29 August 2014 | 11 replies
We have enough funds to purchase a couple of flips, but if I can boost our cash deposits with a reasonable equity finance on this property, I´m very keen to do it.
Scott Nipp
Cash out refi on rental property questions...
3 September 2014 | 4 replies
You may need to go with a portfolio lender (meaning they keep their loans in house rather than sell them, so they don't have to be what the industry call conforming loans).This may even influence what you do to the property.
Carrie Pledger
Tenant clearly does not want us inside
5 September 2014 | 12 replies
Invoking Dale Carnegie's How to Make Friends and Influence People makes sense here.
George Smith
Inactivity breeds just that
31 July 2014 | 11 replies
You've got to be a saver.As for posting to forums, and REIA meetings, the company you keep does influence you so it is important.
Jared Lichtin
Do Property Managers need Credit Repair for Tenant Applicants?
27 April 2017 | 1 reply
I wouldn't deny someone due to low credit, then send them to someone to get their score boosted, so I could then change my mind on them.If they come to me with a 500 credit score, and you do some magic to get them to 700, they are 100% the same person they were before they saw you -- right?
Cindrell Harry
Vacation rentals in Georgia
20 April 2017 | 9 replies
One side will be a 'steampunk cottage' and the other one 'zen cottage' with Asian influences.