Franklin Ogbonna
First Property - 4plex
17 March 2020 | 2 replies
Normally posters will link to the calculator to show what the numbers are
Matt Bouthet
Paying your own rent while househacking
18 March 2020 | 6 replies
I normally have my clients analyze the deals to make sure they will cash flow once the client moves out.
Gary B.
Investment Advise - do it now or wait ?
18 March 2020 | 6 replies
I evaluated this deal with a normal 3 weeks ago, and it had good cashflow out of inventory available in market in my range.
Diamond Nicole
First time landlords please help!
18 March 2020 | 9 replies
If the issues are not life/safety type problems, you can tell them to bug off, and normally don't have even return their deposit or rent.
Kavan Kucko
Contracted to buy. Bad idea?
20 March 2020 | 1 reply
To be conservative, I've assumed about $650/mo.Rents: In a normal world I think rent should total $4,000/mo.
Andy Mirza
Effect of Pandemic on Note Business (Medium and Long Term)
3 May 2020 | 46 replies
For the next month or two or whatever time we as a society need to transition to a new normal, to overcome this initial fear, I'm in favor of keeping everyone in place.Regardless of how borrowers have acted in the past, they are still human beings and we all need to stick together, practice social distancing to "flatten the curve" until things settle down.
Adam Philpot
Making money after debt services???
18 March 2020 | 9 replies
@Adam Philpot A person buys on a less than 6% cap rate for a few reasons. 1) they have a 1031 exchange and are putting down 30-50% of the purchase price 2) are doing a value add to push it over 6% cap rate 3) are buying because appreciation is faster than normal (Santa Monica in CA).
Bhanu Kuna
Proof of funds letter to speak to agent
17 March 2020 | 7 replies
Always super interesting to get the lender view & the agent view @Russell Brazil & @Guifre Mora :)I was trying to understand if this was normal process.
Kelli Poole
1st Generation (hopeful) Homeowner-advice on a duplex?
17 March 2020 | 1 reply
(Maybe these are normal first time buyer nerves, and I just want someone to tell me it's going to be okay (or not okay).
Konrad R.
Did I do enough due diligence for this property?
18 March 2020 | 3 replies
When I was buying like you, I always ran properties by the customer service desk at my title company but I've been told that that's not normal for most of the rest of the country.I would get an O&E report, which costs about a hundred bucks.