25 January 2014 | 4 replies
This would net us a positive cash flow of $3-4k the first year if my math and estimated expenses are accurate.I am looking for opinions on the two above strategies and also hoping for new ideas I have not considered.
27 January 2014 | 7 replies
If you're comfortable and know how to positively leverage debt, I suggest you borrow the max that the lender would allow.
25 January 2014 | 2 replies
There is some positive cash flow, however we would like to protect us from being sued, as well as pursuing more houses.All suggestions and advice will be greatly appreciated.Joe
25 January 2014 | 5 replies
I was wondering, as a buy and hold investor, would it be a positive or a negative to my real estate business affairs?
18 December 2014 | 13 replies
I also don't want to finance it for too high because I still need to be able to rent it out and make positive cash flow.
28 January 2014 | 3 replies
What does he say "If someone screws you, screw them 10 times harder, not for revenge, but so that others know you can't be messed with".I take advice from everyone, but I give more weight to people that are were I want to go, than those in the same position or even "lower" on the investing totem pole than myself.This is business in the end.
27 January 2014 | 8 replies
My wife and I have two rental properties, one in WV that a rents for just shy of breaking even on the mortgage and another in Montgomery County that makes $100.00 positive cash flow every month.
26 January 2014 | 4 replies
He made a large investment that flopped a bit ago along with a divorce etc things got messy, the goal is to create equity so he can buy his own warehouse so as as I build properties when he positions himself in better financial position (2-3 years) he'll start buying properties off of me and my goal is to purchase more properties with the money I receive from him.Being that it is a family company and I am the oldest I am next to take over the company when and if my dad decides to retire (which I doubt he ever will, he's a workaholic) but I see it benefiting everyone involved.Again I could be wrong but I feel like I have the right people behind me and I know the employees would be open to this let's say that of the 43% that said yes 10-15% actually are serious about it that will give me enough to fill the two homes.The super point is a good one, I may have to put more thought into that one.Again, thank you.
25 January 2014 | 4 replies
I feel like having people before you interested then backing out because of the work needed puts you in an even better position.
1 February 2014 | 34 replies
Circuit breakers and the emergency switch sometimes end up in the off position (also possible for systems with a pilot flame).