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10 February 2020 | 2 replies
This isn't a court case yet, and if you choose the court route, you're subject to a judicial foreclosure, which has its own set of nightmares and redemption periods (even in California).
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13 January 2020 | 7 replies
If they remain in jail for an extended period of time, then you are better off evicting for failure to pay rent.Unless the charges are serious enough that they impact the safety and security of your other tenants or your buildings, I would not even worry about it.
13 January 2020 | 4 replies
Period.
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14 January 2020 | 1 reply
.#1 Gaurdians credit union Interest rate: PRIME minus 0.25%LTV: potentially 90%Draw and Pay back period: draw upto 5yrs maybe 10yrs if credit history still really good/ pay back period 15yrsClosing cost:$435 includes FULL Appraisal Minimum withdraw when opening account: $5,000#2 Third Federal Savings and LoanInterest rate: PRIME minus 1.01% LTV: 80%Draw and Pay back period: 10yrs of drawing out with total of 20yrs for paybackDoc & intangible tax $5.50 per $1,000 that gets taken out.Full Appraisal: $200Annual fee of the draw period: $65x10=$650
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23 January 2020 | 7 replies
To people who actually have been doing Airbnb for an extended period he is actually a joke amongst the real Airbnb community.
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4 August 2020 | 1 reply
They claim to lease the property for a period of time, take care of all repairs under $500, and utilize a lease option to purchase the property within 5 years.
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14 January 2020 | 21 replies
Which means less ablity to profit over longer period of time.As of June 2019, there are no more pros of owning rent regulated properties in NY.
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15 January 2020 | 13 replies
A bad period at commission work could coincide with needing a new boiler for example.
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15 January 2020 | 10 replies
While most, if not all banks now require a seasoning or waiting period of at least 6 months, this can hamper deal flow, and seem like an eternity in the real estate game.
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14 January 2020 | 14 replies
I never expected to get a financial benefit out of that relationship, but eventually did.My experience with networking is that you will meet like minded individuals and over a period of time you will get to know each other better and eventually some deal will come along that works for the both of you and you will pull the trigger.