Brian Tremaine
New member introduction - San Jose CA
7 July 2015 | 14 replies
Not only you would not achieve your promised yield, you would likely end up losing all of your capital.
Lacy Goldman
Wholesaling a Hud property
6 July 2015 | 11 replies
You will also have to be able to either take the deal down yourself or ve willing to lose the EMD, if you can't get approval to assign the contract.
Ewan Tong
Is this type of partnership legal?
5 July 2015 | 11 replies
You lose direct control in these situations but if you get the right deal , you get your money out and working for you...
Joseph Gozlan
Let's play devil's advocate
5 July 2015 | 7 replies
The reality is it was losing $30 per door monthly.
James Kish
Should my second property be in my wifes name?
5 July 2015 | 1 reply
If you set up and operate your LLC properly, you cannot be personally sued by a tenant, and you cannot lose any personal assets.
Joey Gorombey
Hey Guys! Tips on Underwriting Validation?
12 October 2021 | 3 replies
If it looks ok, maybe even loses a little money that isn't bad.
Mallory Barger
Background/credit checks for non-US Citizens
16 October 2021 | 4 replies
Also perhaps consider increasing the rent slightly to cover for any contingencies and agree to return the excess upon compliance with lease and vacant possession as long as it is all state compliant.
William G.
ADDED VALUE OF ADJACENT MULTIFAMILIES
13 October 2021 | 4 replies
I don't think having an adjacent building will add value but your management costs will go way down and you certainly won't lose value based on the proximity.I am a LL in Wa things are just as nutty here.
Isaac Hayes
Retirement Account 10% Penalty to Access Real Estate
3 November 2021 | 5 replies
The benefit now may seem nice of getting that money, what could you do in the next 6 months to year that will increase your income for a life time and have higher returns, and the ability to grow massively instead of singlehandedly focused on something that would lose you money now and later down the road.
Dan Nikolich
Best Advice You Have Gotten From Mentors
13 October 2021 | 8 replies
so dont chase a deal just to win it and end up losing any profit, don't waste time or energy dwelling on deals you missed.