22 May 2020 | 4 replies
Costs more than conventional, but faster close, more flexibility and usually higher leverage.
3 June 2020 | 12 replies
Defining your target audience and then determining where they spent the most time, will help you find them faster.
22 May 2020 | 4 replies
All I'm interested in doing is locking in a steady profit for 30 years, instead of owning an older rental house in a crappy neighborhood that most likely won't appreciate faster than inflation, and maintaining it for 30 years through various tenants, etc.
25 May 2020 | 5 replies
Let me illustrate - you can borrow 30 year money for under 3.5% right now or you can invest that equity and earn a multiple of that.Debt is a tool like a chain saw - yes, it can be dangerous, but if you know what you are doing and don't become careless it is much faster getting the job done.
26 May 2020 | 9 replies
i don't think i necessarily need the sq footage but i thought it would be that something "extra" above the next house to get this one sold faster.
22 May 2020 | 2 replies
banking rules changing faster than the weather these days!
23 May 2020 | 7 replies
Use that 'I want to do it now' energy to find ways to pay down your debt faster.
23 May 2020 | 1 reply
However real estate is illiquid and takes a bit of skill to do.REITs: far more liquid, meaning you can get in and out faster.
24 May 2020 | 13 replies
I've yet to do one so my opinion doesnt have much weight.
28 May 2020 | 23 replies
We will be pre-screening future potential tenants via a Google Form, an idea we found here on the forums and have already put into action.The potential tenants are a younger couple, are "very interested" in the unit, applied to our listing on Cozy within an hour of viewing the unit and each purchased the credit & background checks as well.The couple currently live separately from one another and they're now looking for a place together.Brief background on the girl:- Non-smoker- Monthly income meets the 3x rent requirement- Background check looks clean (SSN Trace, Civil, Sex Offender, Global Watchlist, National - all are Clear)- Credit score meets the 620 requirement- Credit report looks okay with the majority of her lines of credit showing as currentBrief background on the guy:- Non-smoker- Currently unemployed due to the coronavirus situation- Background check looks clean (SSN Trace, Civil, Sex Offender, Global Watchlist, National - all are Clear)- Credit score does not meet the 620 requirement- Credit report looks horrible (no lines of credit are current, and plenty are in collections)Our thoughts & concerns at this point, and I'm trying to place weight on those where we should and lessen the weight where we shouldn't:-The girl seems to be friendly & polite, her parent's live nearby, and her credit/background checks indicate that she's relatively financially responsible.