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22 May 2019 | 3 replies
Finally make this info dynamic and have it flow this info into another tab where it keeps track of your bottom line for all your properties. 2.
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22 May 2019 | 14 replies
I here your point of being mindful to not put ourselves in a situation where we are over-leveraged - but here is our thinking, let me know your thoughts.Where we felt this may be advantageous are deals that cash-flow enough where we are able to pay off both loans (business loan used as down payment & property loan), all expenses, and fund our emergency/safety buckets (Capex, vacancy, maintenance, ect.)We are both young and are finding it difficult to argue with acquiring a property without money out of pocket in this way if the rental income can support both loans without applying too much stress to our bottom line.From what we have seen, taking on BOTH a business loan for the down payment + a conventional mortgage or commercial loan would result in equal or lower (interest) payments then any hard money that we have come across.
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29 December 2019 | 18 replies
Even just renting a room can be a huge benefit to your bottom line.
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8 May 2019 | 7 replies
You want your bottom line question answered.
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7 May 2019 | 2 replies
The VA appraisal came through fine and the inspection noted some dry rot under a facia and some on bottom siding, and the buyer did not ask for anything other than a quicker closing this month!
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9 May 2019 | 3 replies
My properties are averaging close to a 50% increase in annual taxes.Proposed Rates (as of 5-7-19)Mecklenburg County $0.6169 per $100 ($0.02 above revenue neutral rate)City of Charlotte $0.3481 per $100 (keeping at revenue neutral rate)
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11 May 2019 | 4 replies
If the tenant is a crazy tenant, they can do crazy stuff like falsely accuse you for something they make up and it becomes a lawsuit and you will end up paying more money.... which has happened to a couple of my friends.But the bottom line is that you are the landlord, if you think the rent is too low, you should negotiate to raise the rent.
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12 May 2019 | 45 replies
The only thing scarier than buying at the top, is buying at the bottom.
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21 May 2019 | 9 replies
It's all about the bottom dollar and if there is still wiggle room with your profit then work on it after you take possession.
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24 May 2019 | 11 replies
Anyone on SSI or public assistance will not receive enough to qualify... and you already take out the bottom 36%.