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17 February 2010 | 5 replies
2nd, if you bought (before the burst) in 2005 for $150k (and still owe $140k), unless you're in an unusual area that has not been hammered by the economy, you're probably upside down and can't sell for what you owe.3rd, with no skin in the game, as you say, you soon will, with your unpaid time to maintain and manage, and the negative cash flow.Do you (and I know this is reaching), have any significant other income that you can shelter with the tax loss on this property?
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4 May 2010 | 1 reply
She received monthly payments for years, but they eventually stopped a few years ago.Her husband died 6 years ago, and the house is too large for her to maintain by herself (keep clean, cut the grass, utility bills, etc.).
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25 April 2012 | 46 replies
If you're familiar with the concept of anchoring in behavioral economic theory, you'll realize that as landlords attempt to quickly raise rental rates, their tenants are likely to downgrade to maintain their current monthly rent payment (they are anchored to that specific payment).
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17 August 2010 | 5 replies
------ i definitely know that i would want to write something that makes it clear that i am not responsible for providing or maintaining the service itself (i.e. i'm not accountable for loss of service, downtime, or actual issues that come up with cable service providers)has/does anyone do anything like this?
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30 August 2010 | 4 replies
I drive around and look at the neighborhood before I do anything else.Difficult neighbors, or lots of evidence of badly maintained rentals, and I don't go any further.
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16 September 2013 | 2 replies
Here’s the deal…·1.89 acre lot with a 1680 sq. ft. (3 bed/2ba) manufactured home in great condition/well-maintained property (owner-occupied).
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7 August 2019 | 16 replies
Maintain your integrity and find another way to finance your deal if you aren't going to really occupy the property.
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3 May 2013 | 7 replies
Conor Lehane, while establishing and maintaining lender relationships helps, it will not override the underwriting criteria for a lender to make a loan in most cases.
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9 June 2013 | 10 replies
Okay, they are handy, provide some protection if well run and maintained, provide benefits for taxes, allowing more expenses to be related to a business, they do give a better marketing platform and appear more business like thus, those who may want to fight with mom and pop landlords may give up facing a big bad company.
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19 August 2007 | 3 replies
Although I am at the moment, I don't intend to simply maintain this and live below my means, I'm going to expand my means as best I can.I'm all ears.