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17 August 2015 | 56 replies
Cash in JVP deals causes problems if there's a loss.
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10 July 2018 | 16 replies
I have specified that they must run all non emergency items past me and they have been doing so up to this point.
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26 February 2016 | 14 replies
Lynn consults with him reviewing the task items, assessing the contractors work, any changes needed,…So, together, we each take a personality and try to balance the business growth as much as possible.So I coined “Pleasant Nightmares” based on all the mishaps we have had along the way here in our first journey together.
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15 September 2015 | 5 replies
If you have a couple of units clear, or major levels of liquidity to cover loss of income (I'm talking more than 1 year of income loss), you can probably still make it work.
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28 May 2015 | 5 replies
After property management (10%) I was taking about a $100 a month loss before repairs that popped from time-to-time.
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4 June 2015 | 20 replies
Send the agreed upon payment with paid in full on the line item on the check.
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12 October 2015 | 3 replies
Back of napkin, I'd put this at a $800-$1000 loss each month.It is a lousy flip as well.Walk away from this deal, there is nothing worth investigating here.
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28 December 2015 | 10 replies
The important item in that budget is "RE Investing Money."
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31 October 2018 | 7 replies
The only things you don't include are items specific to financing - essentially, Principal and Interest.
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4 June 2015 | 8 replies
It's being managed by close family members.I'm certainly in it for the long haul, I'm hoping rents will increase while the mortgage goes down, but part of me wonders whether or not I should just cut my losses and move on.