Conway Churaman
With what you know now and forced to start over, what would you do with $30,000?
26 August 2015 | 33 replies
The work needs to be done to attract the right type of tenant and to be able to charge rents which would produce cash flow.
Mimi Booker
Replace these Kitchen cabinets?
20 October 2016 | 29 replies
I wanted something modern and comfortable but I was on low budget and couldn't hire a designer.Somehow I came across a web application that helps to design a kitchen to an ordinary user.
Account Closed
Measuring direct mail response rate & effectiveness: Any horror stories?
6 October 2015 | 3 replies
I would enjoy reading them if so.My DM campaign has produced 5 contacts (a number from friends who have gotten my info) and no real leads.
Chris Reynolds
Tenant won't move out and requesting a Jury trial...
27 March 2017 | 127 replies
This might involve answering questions, known as interrogatories, and producing documents.In some cases, the parties might take depositions of parties and witnesses, to gather information to advance their arguments.
Tony Hernandez
Seller says "I don't want people going through there or I would have listed it."
22 July 2015 | 17 replies
I will always do my own investigations into the property and not depend on the assignor's reports and inspections...I have no idea what their relationship may be with those producing the reports.
Jason Genovese
Is Mareketing for non-MLS houses necessary?
21 July 2015 | 5 replies
Hello,I have been buying my houses off the MLS, auction web sites, and other wholesalers.
John R.
Can I borrow against land to buy another property?
28 July 2015 | 3 replies
Since the land doesn't produce cash flow it would be a lot harder to borrower against it on its own, especially if there is not business plan for it.Figure you'd probably get 50% LTV max credit on that land which may be even less since a lot of banks lost money on land deals.
Dustin Erwin
Gurus
21 July 2015 | 3 replies
These days there is so much information on the web, and with the help of sites like this one you will be far better off saving your money.
John McKee
Having a dispute with a partner can you help?
21 July 2015 | 1 reply
In order to partner with him he wants me to contribute 1 million to pay off the loan to be a true 50/50 partner on the land so we can develop it.I don't have 1,000,000 in cash lying around so I offered to leverage one of my income producing properties as a lien to the bank which is worth about 1 million.The goal is to roll over his 1 million dollar loan into a 5 million loan which we would share 50/50. 4 million of that would be used to develop the land.He needs my income and assets to qualify for a bigger loan, and I feel like my 1 million of income producing assets would suffice in the form of leverage.The disagreement is that he feels I am not bringing any money to the table in this scenario to make it a true 50/50 partnership.
Account Closed
How much can an individual make private lending?
23 July 2015 | 16 replies
I dont know which is riskier taking on a business that would produce a lot better return on my investment or putting it all towards real estate.