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Results (10,000+)
Ihe O. I am a Hood Landlord
15 December 2021 | 15 replies
In fact  I don't know the credit history of any of my tenants - never checked it.Yes I check stuff, yes I have grounds for rejecting applicants, no the state of their credit isn't one of them, yes I know some people here will get apoplectic about that, no it doesn't make any sense to do that for the demographic that are going to apply for a rental in the hood.So with that out of the way and it is relevant context, I am going to post about conversation had with one of my tenants last week.Me: Hi it's starting to get warm and I noticed last year the house seemed rather hot in the summer are you alright for air conditioning.Tenant: We ok Mr O, we got some air conditioners last year.Me: Really, you bought portables.Tenant: No we bought some had someone install them in the windows.Me: You should have told me you needed that I would have got it for you.Tenant: That's ok Mr O.Me: Do you have the receipts so that I can reimburse you.Tenant: You don't need to do that Mr O we are ok. 
Martin Rubio How much Cash-on-Cash ROI and Cash Flow is enough on BRRRR?
10 September 2019 | 9 replies
Cashflow=Rent-PI-Taxes-Insurance)Of course Brandon's approach brings more peace of mind, and make more financial sense, but I would like to hear some different perspectives on how everyone out there is calculating (and taking decisions) around these ...
Jon Passow Robert Kiyosaki's Courthouse 2-Step
19 April 2018 | 15 replies
Hey Jon,I had never heard of Willits, CA, until just now.This scenario RK sets-up here seems a lesson in hustling and actually does not make sense unless you are marketing to all-cash buyers.
Chukwudi Motanya Commercial loan on a portfolio of houses in GA
19 April 2018 | 5 replies
It may make more sense (so you don't lose deals) is to refi INTO a portfolio loan once you've acquired the properties and once they've stabilized. 
Doug Reynolds tips for a flip in an older demographic age group
17 April 2018 | 0 replies
One question is does it make sense to make the home “smart” (switches, fans, possibly appliances).
Rich S. How much give to make this deal work?
17 April 2018 | 0 replies
I'm just curious what various lenders would be looking for in compensation and structure of this deal:Purchase Price: $25,000Rehab/Holding/selling costs: $30,000ARV/Sale Price:  $85,00090 days for purchase/rehab/sale**My questions below are coming from the scope of my view that a HML being a formal institution/group with a bunch of standard terms, processes, etc... and a Private Lender being someone with money, willing to loan it short term, without all kind of formalities(if that makes any sense)So in a HML world, 65% of ARV would be right at $55,000... does anyone does this deal without requiring rehabber to have skin in the game? 
Carlina Burford I can't get any deals without proof of funds
22 April 2018 | 30 replies
I'm not trying to be rude, just curious as to your method as it doesn't make sense to me.
Kayla Wagenmann Newbie here! Would it benefit me to get my real estate license?
19 April 2018 | 33 replies
I would also suggest creating a plan for your own real estate investing and figure out if within your plan it makes senses to get your license.
Keith Patrick Syndication Classes Recommendations for New Students
25 April 2018 | 9 replies
It is true I am giving my time away for free, but where I am at financially, that makes more sense than buying a course.
Eli Kalen [Calc Review] Help me analyze this deal
28 April 2018 | 7 replies
Dig into their financials and see if they make sense on what they are bringing in vs spending.