Lamont Booth
Refinancing a rental property
6 October 2016 | 8 replies
Selling it at this time would be a tough call for me due to the positive cash flow + good tenant.Thanks for the idea.
Lisa Lanata
Please Help analyze this possible storage unit purchase
3 October 2016 | 1 reply
They are asking 299,900 Land locked, no room for expansion.Total Income 22,187Insurance 189Liability Ins. 767Interest Expense 174Loan Interest 10534Labor 6400Repairs 646Supplies 90Taxes 2532 (Not sure what value amount this is on)Telephone 841Utilities (G & E) 802******I talked to commercial lender today and he said they require 30% down, financed commercially at possible 5.3 to 5.6% + for 15 or 20 years.
Seth C.
Note selling 101...
4 October 2016 | 8 replies
Call them up and offer to take them to lunch or coffee and pick their brains.Good Luck,Allen Fletcher
Pratik P.
Can I finance deals like this?
6 October 2016 | 33 replies
However, although the fix n flippers like to call themselves real estate investors, they are actually in the real estate business, they are not investing in real estate.Real estate seems to be the one field where a large number of people are willing to believe that with just superficial knowledge, the purchase of a guru's mentorship program, the reading of a couple of books by authors who were NEVER successful in anything except selling books about how successful they were, that they will be able to achieve success as a real estate investor.
Rick Bassett
Tenant being evicted Cardboards up Windows
17 October 2016 | 13 replies
If illegal theft or destruction of property is happening, call the sheriff and document everything.
Dakoda Spencer
How Are Small Town Rental Units?
4 October 2016 | 13 replies
Id start make calls to 3 or 4 contractors and ask questions, look for reviews online and let me them know what your trying to do.
Emily Reynolds
What % off list price do you generall bid on REO's
14 December 2016 | 16 replies
As well as Investors, there's these weird group of Buyers out there called Owner-Occupiers.
Himanshu Jain
Need Advice on HOA- Tenant moved in & HOA wants lease terminated
9 October 2016 | 4 replies
They already mis-informed you once on rentals and when you called them out, this is what happens?