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24 April 2019 | 5 replies
Start over with a new lender (if you're working with a mortgage broker, have her start over with a new lender), two months means enough time for two clean bank statements without any crazy money movement to hit prior to closing.
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6 March 2020 | 32 replies
Invest your money into quality cashflowing local properties, then use the proceeds from those to fund vacations.
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27 April 2019 | 24 replies
I did let her know we would give her notice on showings and give her a week to clean up her place, but like I said she's not responding to any of my messages.
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7 July 2019 | 13 replies
In fact, because most checkbook plans offered by quality providers come bundled with meaningful support, you actually have better guidance and lower risk than working with a custodian that is purely a processing agency and cannot provide guidance by rule.Lending works well in an IRA, as it produces passive interest income that is fully tax sheltered to the IRA.
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25 April 2019 | 19 replies
Whats your goalTo buy and hold $800 per month pn that price is great up to $80k all inOr fix and flipYou can do a "white wash"Just clean it out remove all the crap and carpets etc basically giving next investor a clean slate and buy a little bit bigger property that migjt be easier to lend onAlso look for trust deed investors that take 1st positionHard money most of the time wants at least $50k
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1 May 2019 | 12 replies
All the variables are generally the same as with the 10-unit that you just closed, same age building, same quality build, similar square footage per unit, obviously same localities.
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28 April 2019 | 10 replies
Use that cash to clean up whatever needs to be cleaned up and educate however you want.
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27 April 2019 | 80 replies
Be willing to learn new things, especially when it comes to cleaning or fixing anything in/on/around a house or apartment.
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25 April 2019 | 5 replies
I go in clean and paint and I can't do that with a tenant in there, so maybe you only lose 1/2 months income.
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26 April 2019 | 8 replies
I'm most concerned about tenant quality...I don't want to be concerned about crime, evictions, rent delinquency, etc..