Lei L.
Is this done by termite?
19 November 2020 | 10 replies
Slab is a PAIN to treat, but crawl and basement can be checked for entry areas easily enough.
Andy Whitcomb
Filling out loan applications is the worst! Can I delegate this?
16 November 2020 | 5 replies
I love the BRRRR strategy, but the more properties and LLC's I get, the more painful the loan process is.
Samuel Bergen
Should I do commercial or residential real estate?
18 November 2020 | 6 replies
With a new administration, we may be looking at further lockdowns which may adversely impact tenants.3) I own an office building and residential units.
Mark Edler
Finding Good Contractors
22 November 2020 | 9 replies
However, finding trustworthy, reliable contractors has been a bit of a pain point.Would love to hear how you are sourcing good contractors and what you do to retain them / motivate them to align your goals with theirs.- Mark
Kishun Barker
Whats is everyone's opinion on paying 100% cash for properties
15 December 2020 | 165 replies
Painful, but a win.Ever since then I have always tried to keep everything leveraged with non-recourse loans around 60% or 70% LTV.
Kevin Turano
Pre-Purchase Inspections - Tenant not co-operating
16 November 2020 | 1 reply
That will probably get the seller to be more proactive in getting access to the property.This sounds like a pain in the neck to get through the process of buying, but it'll also be a pain in the neck for other people, so hopefully that'll work to your advantage and discourage others from putting in any offers at all.
Victor Thompson
A journey in raising Private Money?
19 November 2020 | 2 replies
Yes, it's expensive and a pain in the butt, but if you start an open ended fund, you can grow it as your business grows.
Justin Heitter
Cash out refi or heloc
19 November 2020 | 3 replies
HI @Justin Heitter, if the capital you are wanting access to needs to be permanent or if you have a use for it in an ongoing manner, might as well cash-out refinance it.Typically you'll have higher interest rates with a HELOC, though the administrative fees are much much less when compared to a cash-out refi.
Kyle Neville
Working on first deal. We offered $20,000 over asking price. Help
21 November 2020 | 6 replies
keep in mind there are a lot of investors feeling the pain if their renters cannot pay as well....
Mahinda Horapakse
Crazy high closing costs for LOC
20 November 2020 | 1 reply
Even if they were going to waive everything else, no financier is going to eat the costs of administration.