Jennifer Hamon
Do funds in a 401k plan count as cash reserves?
23 July 2019 | 9 replies
I get that these forms of compensation are complicated for lenders to assess because every employer has a different approach to vesting schedules, refreshes, etc.If I could save just a little bit longer I think the money wouldn't be so tight but I feel some urgency about being on the sidelines through too much of the 2020 home-buying season.
Daniel Ortega
What areas are you buying in for cash flow?
27 May 2021 | 14 replies
The market is very tight so we are not even looking at anything that gets listed unless it has been sitting for a while and has lots of deferred maintenance and opportunity for forced appreciation.
JD Martin
Corona Virus - a chance to see what you're made of
26 March 2020 | 19 replies
I was in the military, and one of the reasons military guys tend to be tight is because they go through really difficult times together.
Roy Stange
Creating a reserve for Cap Ex, Turnover, etc
27 June 2014 | 7 replies
Personally I would pay down those credit lines, but be careful because when money gets tight they can reduce or cancel your lines.Think of liquidity like an insurance policy that you have to pay for.
Miranda Simon
Long term Success in Real Estate
5 November 2018 | 106 replies
maybe better to sit tight and see what shakes out for a while and be ready when it ticks over and deals are more palatable!
Laura Williams
I lose $20k/year - help me w/ my strategy!
27 January 2019 | 122 replies
Unless that $500k yr income stream is guaranteed income, there is heavy debt involved with the current losses that you might find yourself in a very tight spot if circumstances go south.
Kevin Lefeuvre
VRBO prohibits contacting guests before booking
16 August 2017 | 64 replies
I'd love to think that it would change some minds about the city's current primary residence requirement, but that's foolhardy when neighborhood associations -- who loathe Airbnb -- are so tight with the city council.Denver doesn't currently have an agreement with Airbnb, VRBO or any other short-term rental platform.
Nicholas W.
Purchasing triplex- what do do about one potential problem tenant
5 May 2017 | 13 replies
The tenant doesn't sound like a good tenant to keep, if cash flow is tight you could let her stay for a few months until you have established the cash to complete the turnover.Make sure to keep the Lease Month to Month so she can be given a proper 30-day notice per the Arizona Landlord Tenant act.
Kassie Carrell
My rental property is worth 120K. Profit?
3 May 2017 | 59 replies
With the hot market wright now in San Antonio, I would wait and try to pay that credit card debt specially if you feel you are tight in budget and if you are getting the +$250 in cash flow after expenses, which in my opinion is good and form the value of your property and the the current debt.Good luck!
Craig Jones
JV with a Wholeseller in DFW for 5 br / 4 ba home in Prosper, TX
28 November 2022 | 3 replies
Sounds like the deals tight, an investor would need it at 570k.