Evan T. Ong
Worries I have (haven't started investing yet)
25 September 2024 | 14 replies
Get a credit card (at 15 you can get one as an authorized user- Google it) and make certain you pay off the balance every month.
Phi Tran
Creative note investing
21 September 2024 | 2 replies
low cashflow high appreciationNotes purchased in the secondary market at discount to remaining principal balance have the built in capital gain profit with potential for greater ROI thru early payoff or early PARTIAL paydown.
Account Closed
Using land contracts
20 September 2024 | 4 replies
Eventually the borrower signed the cancellation and new mortgage, with a big reduction in his loan balance, and we got through it.
Lisa Sluss
Hard money cash out refinance loan
22 September 2024 | 13 replies
if so - are you wanting to borrow just enough to pay off the loan and cover refi costs or are you wanting to pull out more funds over and above the loan balance ?
Garrett Brown
Airbnb relaunches its "Experiences" category heavily
22 September 2024 | 13 replies
It’s a balancing act for them, and time will tell if this shift adds genuine value for hosts or just distracts from core issues that need fixing.What would make the most sense is if Airbnb uses Experiences to enhance the guest journey while still keeping the focus on the quality of the core stay.
Jeremy Altdorfer
I'm going from going from duplexes to 24 units and I don't want to F*** it up.
22 September 2024 | 8 replies
Back in the day we carried a balance of $100,000+ that was owed to us and that is now down to only $10,000 or so and we only cover out of pocket if it's an emergency.The PM must have sufficient reserves to do the necessary maintenance work and shouldn't be chasing landlords for money.Just my opinion...Also, a PM's number 1 profit center is maintenance up charge.Landlords don't have much insight and PM's nickel and dime to death on those.If you are suspicious, ask for a receipt so they aren't making up non existent maintenance.Let them make their money tho and calculate that into your expense pro-forma.Otherwise, manage yourself and deal with the $#%^@ that comes with it lol.Multifamily in Ohio, you can get for $25,000 - $35,000 a unit.Drop another $5,000 - $10,000 into the turns and rents should be North of $800pm.Decent area's also.Personally, I wouldn't get out of bed unless I'm making the above numbers.Wishing you much success
Joe S.
Should tenants be charged for flushing……
22 September 2024 | 20 replies
So, if the rent AND this bill are not paid the balance is "unpaid rent" and you simply evict for nonpayment of rent which is cookie-cutter.
Joe Si
Early retirement asset allocation
19 September 2024 | 8 replies
@Joe Si With a $10M net worth and the goal of early retirement, a balanced allocation could be 40-50% stocks for growth, 25-35% real estate for stable income and appreciation, and 20-25% fixed income (bonds) for security.
Willis Yoder
Flipping for Profit: The Ultimate ROI Renovation Secrets
20 September 2024 | 39 replies
I'm always looking for ideas on how to balance functionality with aesthetics in open spaces but I'm curious,how did you decide on the design flow between the kitchen, living room, and dining area?
Nathan Williams
landlord collection agency service for outstanding balances?
16 September 2024 | 2 replies
Im tired of letting tenants bail out with unpaid rent and damages that exceed well past the deposit. But I rather not have to deal with small claims directly. Is there some sort of collection service where I give th...