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17 March 2020 | 6 replies
If cash flow is "1-200", with negative reserves, but sale would be 40k back after you pay off the loans, I'd sell.
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20 April 2020 | 4 replies
My wife just read Apple is shutting down their stores outside of China, restaurants are having fewer people going out.
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30 November 2020 | 435 replies
Investors need to prepare with larger cash reserves.
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17 March 2020 | 45 replies
the point of 1% is to have appropriate cash reserves in the long term. when you cash flow $100/door you are walking a very thin line, unless you hold additional cash reserves. as covid19 is demonstrating currently, it is paramount to be well-capitalized.
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2 July 2020 | 13 replies
I signed up for the $3 monthly fee to have the video history stored.
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15 March 2020 | 9 replies
This is why when you purchase they require you to have some money in reserves.
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18 March 2020 | 35 replies
But it does not good to have landlords start to default because of this as well. this trickles down to the banks and credit tightening etc. and or new lending guidelines were lenders will want to see 12 months reserves in cash per loan.. which frankly is the minimum I would have in the rental bizz up to a certain dollar amount.undercapitalized landlords lose properties everyday.. all these folks that are bottom feeders or hoping for defaults and picking up the scraps are going to do so from their fellow landlord.. it wont be homeowners by and large that lose these props as I totally expect lenders to bend over backwards for owner occ loans if they are distressed and find themselves without cash flow.
7 April 2020 | 19 replies
We all haven’t been very vigilant to hedge our lifestyles and now get thrown into an oven when Walmart or grocery stores run out of food.
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3 June 2020 | 24 replies
I think that as long as you understand the risk of what you're getting into and plan for it accordingly (like keeping reserve, getting multiple bids, etc), I think it's still a viable way to invest.
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15 March 2020 | 9 replies
Last week, we reached out with an explanation of our extenuating circumstances policy, which allows hosts and guests to cancel eligible reservations in certain circumstances without charges.