Account Closed
What are some options for someone with no income but a lot of cash to get a loan?
7 February 2024 | 17 replies
You could do private lending - a loan secured against an asset like real estate - and get the monthly cashflow from it without the overhead of a mortgage, issues with tenants etc.
Ryan Beesley
DSCR Brokers/Lenders - 4 unit multifamily to fund.
7 February 2024 | 13 replies
@Ryan Beesley if the properties are rented this shouldn't be that big of an issue.
Dennis Powers
Shower tile, small or big
7 February 2024 | 1 reply
I bought a Victorian mansion from a friend who hired the local professional flooring/bathroom company to install the bathroom tile and she had 3/6 bathrooms with large tile crack and have other issues that she had to have them come replace the tile twice in one bathroom.
Jack B.
Keep existing portfolio or keep growing it?
7 February 2024 | 5 replies
Hi Jack, I’ve currently got 25 units and it takes me about 4 hours per month to manage the banking/rent aspect of them, usually less than 2 hours per month to deal with the tenant issues and because I take it seriously and live close enough to all my properties to be able to visit them frequently I spend about 2 hours per week visiting each of them once (unless there’s a problem at one or more of them which isn’t often) for a total of 8 hours a month.
Beatrice Temi
Price listed, prince under contract, and buyer price
5 February 2024 | 10 replies
Good morning Beatrice,When communicating with the buyer, you should only provide them with the purchase price.
Arshiya Taami
Whats the best loan option to get for my situation?
7 February 2024 | 9 replies
I would recommend first off handling whatever credit issues or building your credit profile/score.
Taryn Hansen
Sell Inherited Home or Rent Out?
7 February 2024 | 1 reply
If you’re not interested in managing it interview a few property management companies and pick the best to manage it for you so you don’t have to deal with maintenance and tenant issues.
Ricardo R.
Ask a Property Manager ANYTHING
6 February 2024 | 6 replies
Usually one would think that Tenants are were the liability and issues arise and although there will be issues there, they are all quite simple to handle however, owners can certainly get you in trouble from a liability standpoint.
Richard Figueroa
New to wholesaling, Looking for Help.
5 February 2024 | 2 replies
My name is Richard , I’m very thankful to be able to communicate here and i’m a 18 year old broke college student really trying to get into wholesaling!!.
Josh Hall
Property with no ground receptacles
7 February 2024 | 8 replies
You can identify risky circuits this way if you can anticipate how your tenants will use the electric and take action before there is an issue.