Benito Pacheco
Interesting situation
23 November 2014 | 1 reply
I am very new to this and do not have the lingo down, so please bare with me.
Charles Davis
Worst Tenant ever need advice
19 February 2015 | 31 replies
They should recommend as follows:1- Start eviction proceedings for existing tenant. 1-2 months and $500.00 should do it.2- Bare bones fix up of empty apartment and get it rented quick.
Dan Romnek
What is a realistic cash-on-cash return to shoot for?
27 September 2014 | 9 replies
I would see 12% as a bare minimum.
Eric Espinosa
Eager but no clue where to begin!
2 September 2014 | 3 replies
On my way out to see some places of interest and run some errands, so please bare with me if I don reply instantly.
Alex T.
Would you take this deal? If so, how? - Boston, MA
16 September 2014 | 5 replies
.- Conventional financing requires 25% downpayment on a triplex, regardless if it's investment or primary residence- My savings are barely enough for the 25% downpayment for both, and I won't have funds left for closing + 6 month reserves- I do not currently own a primary residence, but with rents added on would not qualify for MassHousing- All units are occupied, all tenants are TAW, so in theory I could tell one to move and occupy a unit for half-a-year to qualify for primary residence benefits (I spend 90% of my time at work anyway) (is FHA a good option for one?
David Almquist
Bank won't pay father relocation assistance!
12 June 2014 | 11 replies
I barely have anything as well.. .. bankrupt and looking for work.
Stephen Jackson
New Western Acquisitions
3 May 2018 | 17 replies
In my previous dealings with them several years back, I had similar unethical issues along with the fact that their salespeople have little to no clue what they bared king.
Wenqi Nelson
Should I use the money to pay off the mortgage or invest?
2 June 2017 | 5 replies
Often, the rent is 1.3 times to 1.5 times the mortgage.....such that them make a few hundred dollars per month positive net cash flow (after all mortgage, expenses). if you're barely meeting the mortgage....perhaps your rent is too low????
Rabih El-Khoury
Cash Flow Potential from $120k/yr for 10 Years?
8 June 2017 | 25 replies
I'm still (barely) in the camp of "Any return is better than no return".