Jason NA
Corporate setup for Rehab Flips and Income properties
2 June 2007 | 1 reply
In fact I want to retain as much cash as possible to building my flipping business.
Robert Hesselmann
Laundry room, or third bedroom?
6 October 2022 | 16 replies
I can see I must leave personal emotion out of these types of decisions, though the general intent is to offer a better than average value to my tenants to attract and retain quality people.Rent increases are nice, but not loosing a month or two a year to turnover also adds up...
Christopher R.
How can I solve a seller's problems if I'm using conventional mortgage?
13 September 2014 | 34 replies
Christopher and Scott -A rehab-to-perm loan is a two-part loan process that allows real estate investors to purchase and rehab investment properties that they intend to retain as rentals.The problem with purchase mortgages is three-fold. 1. mortgages take too long 2. you cannot get a mortgage on many distressed properties due to problems with foundation, roof, etc 3. you sink too much money into rentals when putting 20% down and then paying all rehab out-of-pocket without reimbursementCash is a great option, but you are limited by the amount of cash you have.
Craig P.
Probate - Short Sale
14 July 2016 | 2 replies
Being we do quite a bit of probate deals we have a relationship with a probate attorney who will work our deals with a small retainer upfront and the rest paid on the HUD at closing.
Kevin Collins
Wealth or Cash Flowing Rental
15 January 2017 | 3 replies
What could you do with any cash out if you re-leverage for a longer period while retaining the properties?
Johan Garcia
IMPORTANT: New Proposed Tax Legislations Benefits RE Investors
19 January 2024 | 2 replies
The provision retains 20-percent bonus depreciation for property placed in service after December 31, 2025, and before January 1, 2027 (after December 31, 2026, and before January 1, 2028, for longer production period property and certain aircraft), as well as for specified plants planted or grafted after December 31, 2025, and before January 1, 2027.EBITDA add-back computation for interest expense: The provision extends the application of EBITDA to taxable years beginning after December 31, 2023 (and, if elected, for taxable years beginning after December 31, 2021), and before January 1, 2026.
Jaden Adams
Dropping out of college
17 December 2019 | 210 replies
This will help you learn faster and retain more.
Edwin De leon
Should I Buy Multifamily Despite NY Laws That Protect Bad Tenant
23 May 2023 | 61 replies
., and (3.) choose to rent quickly to the first person with $$$, rather than take their time to select the most qualified candidate even if it means having a lengthy vacancy.If you choose to self manage, you will need to know the landlord tenant laws in whatever jurisdiction you choose to invest, and have the backbone for this; otherwise, research and hire a top-notch management company to do this for you.I personally choose to self manage (small portfolio) and keep a stellar eviction attorney on retainer for all the reasons @Greg Scott mentioned.Good luck!
Will LHeureux
Good Tenant for the past year. Would you raise rent?
3 February 2022 | 67 replies
Many years back i talked an investor client into trying this out on 1 property with tenants, and doing the "norm" on the other down the same street. 1yr later we showed up for annual inspections and at the 1 we used conditioning techniques, we showed up to find carpet crews on site, the tenants paid out of there own pocket to have new carpets installed and professional painters come in, all so they could retain their good tenant discounts.
Bill OBrien
Bill O'Brien Here...New Member From Brandon Florida (Tampa Bay area)
21 August 2014 | 13 replies
And learn at my own pace which is key for me to retain education and become the best I can be.