Anthony Kresty
HELOC confusion: cash flow generation
15 October 2018 | 2 replies
I am also seeking to fund it with a HELOC.Sorry for what might be a dumb question: Once I run the numbers on paying the HELOC back, the cash flow doesn't seem to start until the HELOC is paid back (in 5 or 10 years), is this the normal procedure?
Marisa Faulkner
From Full time job with benefits to....REI with nothing?
15 October 2018 | 5 replies
My employer does an employer match and since I have a good paying W2 the matched portion that comes out of my employer pocket equates to monthly cash flow of almost 4 properties that I don't have to purchase if I'm using my minimum number for a property at $200 a door cash flow, and this free money doesn't include any appreciation/interest growth just what the employer adds to my account until I retire.
Matt M.
Keep or evict chronically late tenant ?
16 October 2018 | 19 replies
He makes good $, it just appears as if “something” always comes up... my question is.. if he doesn’t come up with all the money, do I just file for possession and be done with him or give him one more chance?
Jignesh Savaliya
Are Foundation issues with the underfloor HVAC big red flag?
16 October 2018 | 3 replies
The kind of thing that doesn't make or break your project financials - ie perhaps the jurisdiction doesn't have a great chance of 'making' you do it, so you can take it on more from a 'bring upside value' to your rents, etc.... and you get some 'soft' experience working through jacking something, pouring 1x new footer for a corner post, etc.
Drew Slew
Lexington MA plot of land - teardown worth it?
17 October 2018 | 7 replies
It doesn't take a lot for a project to go 150-200K over budget when the building department holds you up, the gas company can't install new lines for 6 months, and your subs walk off the job.
Steve Sprowls
Deferred Cash Flow Payments
26 December 2018 | 5 replies
If your portal doesn't show this, I'd ask the sponsor to turn that metric on (it's almost a guarantee the portal is capable of showing it, the sponsor just hasn't enabled it).
Gina Dobbs
House Hacking in Albuquerque
31 January 2021 | 8 replies
My real estate agent doesn't seem to know who pays the utilities so I assumed I paid everything but gas and electric because that's common in ABQ.
Sandy S.
Tenant trying to negotiate lower rent due after lease expiration
22 October 2018 | 12 replies
If the landlord doesn't offer to renew the yearly lease, then the lease will automatically turn into a month to month lease.
Connor Burke
Questions to ask my RE agent to help me buy a rental property?
15 October 2018 | 4 replies
He doesn’t want to waste his time.
Steve Sherman
Getting Federal Tax Lien waived for a Tax Deed Auction property.
15 December 2018 | 9 replies
@Steve Sherman From what I know the IRS typically doesn't foreclose on these liens, They expire after 10 years so you can wait them out.