Shiloh Lundahl
Trading cash flow for equity
23 April 2024 | 2 replies
@Shiloh LundahlTheoretically assuming properties were identical in every sense yes because I don’t need cash flow and would rather have the extra $100k in equity.Now $600/mo could get you another $100k mortgage to get you another property that could potentially also cash flow but for me personally I am in equity play mode now income mode - just my personal choice but nothing wrong with the other scenario
Brett Bowers
Partnering with a friend on a deal - should he put his commission toward closing cost
24 April 2024 | 4 replies
Personally I feel he earned it that’s his money.
Account Closed
House hack questions
24 April 2024 | 9 replies
This is a lender and personal question.Lenders look at your monthly Debt-to-Income Ratio.
Nick Clossman
ADU Liability Protection
23 April 2024 | 1 reply
Since the DADU is on the same property as my primary residence, can I place the DADU in an LLC, separate from my primary residence, to protect my personal assets from liability?
Shanequa J.
50/50 partnership maybe?
23 April 2024 | 8 replies
You don't get that from a random person you don't know well.
Account Closed
Flippers, how did you figure out accurate pricing/negotiations with contractors.
21 April 2024 | 29 replies
I recommend getting 5 bids and picking from the top three.As far as you, personally., estimating rehab costs....forget it for now.
Ginnie Vigansky
Question about reservation changes
23 April 2024 | 5 replies
If I book a room that will work for two people (i.e. with two beds) but only book for one person would we be able to change the reservation later to be able to share the room?
Lacey A.
Lower Insurance Premium with Safeguards Written into Lease
23 April 2024 | 1 reply
In a better market you might be able to use those things to get a better deal on commercial insurance but in the current market there won't be flexibility.On personal policies/1-4 unit rental dwelling policies there won't be any flexibility whatsoever unless it's something the company already has built into their guidelines/pricing.
Nik Kov
Lot with deed restrictions written in 1985??
23 April 2024 | 14 replies
These are all private so someone had to include them, and then that person can pursue you for failure to comply.
Kevin Kim
Do I have to ask potential tenant recommendation letter from current landlord?
24 April 2024 | 7 replies
Recommendation letters would be fine as well, but personally, I think talking to them over the phone is more ideal as it's easier to get answers and just a better understanding of the tenant.