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20 August 2024 | 4 replies
You should only consider switching when your current software has a significant flaw or lacks features that force you to spend excessive time on workarounds.
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21 August 2024 | 7 replies
You have preyed on people who had good faith in you to care for their properties, for their personal health and safety; and instead now live with ongoing health issues, legal fees, and are forced to reside in unsafe conditions.
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21 August 2024 | 22 replies
If forces them into an action they should have taken long ago.
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20 August 2024 | 2 replies
You want to compare this EBITDA across all other bed and breakfast businesses. since you already own two, you have an unfair advantage in that you can compare this one your considering buying with yours, and see if its a fair price you are paying. you can also breakdown your expenses and compare them with the business your looking to buy to see if you can force appreciate value by creating more earnings.
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19 August 2024 | 15 replies
Very difficult to force collection on a debt not secured by an asset.
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20 August 2024 | 32 replies
Now, that said, let's give the contrary view, and why I wouldn't personally do that deal:-Limited appreciation potential for at least 3 years on this property based on location and demand, and no opportunity for forced appreciation-Risk with Section 8 on cap ex -I look for cash neutral on 15 to 20 year notes-positive cash flow of 144/month does not excite me, especially since I prefer appreciation potential -I avoid rentals that require more than $2000/month in rent to work given lack of demand at that price point in North AlabamaAgain, I ran this example just for educational purposes.
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20 August 2024 | 81 replies
I never missed a single payment and they made $50,000 in interest off of me over the last year so instead of foreclosing on me recking my credit for the next 7 years and them being forced to sell a house for less than what I still owe, it seems like a great win-win option but I was shot down over and over because the appraisal was just too low.
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19 August 2024 | 0 replies
They have just forced it to be more negotiable than it has in the past.
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20 August 2024 | 11 replies
It may not be possible, but if you're going to go the appreciation route (versus cashflow), then you're best off targeting 5+ unit properties where you can force the appreciation by driving NOI.
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23 August 2024 | 181 replies
It looked like, at least in here, 80% or more very new investors which is the exact marketplace that gets taken advantage of the most.Anyone who uses it and it works for them, good for you, but don't try to crack back on professional investors who are leery of another new gizmo with canned testimonials and forced page traffic on a forum post where pitching of products is illegal in the forums anyway.