Evan Evans
I have access to $500k cash, should I put $50k down on 10 SFRs?
31 July 2019 | 97 replies
I guess did not read the Morris invest threads.. and BRRR for someone who is not in market is a HUGE risk HUGE.. you cant read a book and then become a rehabber from 2k miles away in low end rentals.. the amount of risk of theft and loss far mitigates any potential equity.and one last thought Joe when you say the risk is the banks I get that In theory.. but if you default on a bunch of bank loans your toast for the future..
Samuel Dolcine
Experience doing TK w/Freedom Real Estate Group?
1 February 2022 | 9 replies
You guys have caused me tons of losses as well to other folks that I have met.
Lucas Lawson
Portland Neighborhood Louisville Rentals
17 July 2019 | 5 replies
In non-appreciating areas, this leaves you with the unenviable exit strategy of compounding the loss by taking a hit on the sale.
Jacob Hince
Terribly Low VA Appraisal VS. Independent Appraisal
28 August 2019 | 13 replies
Selling at 150k would net me a sizeable loss.
Robert Harpster
First NNN Investment Property
11 September 2019 | 13 replies
If it is more mom and pop tenants anything as a big expense onto CAM you generally will have to spread over many years to recover as too high a CAM on top of base rent will shock their business model.
Heath Jones
Should all adults who will be living in rental be on lease?
15 March 2020 | 6 replies
Then if things go bad you have more chances to recover from multiple people.
Robert Obniski
Can I cite this Pandemic to back out of a deal?
31 March 2020 | 13 replies
These are uncharted waters so no one really knows how it will play out in litigation. https://www.costar.com/article/247920446/coronavirus-losses-could-trigger-act-of-god-clauses-in-contracts-insurance-claims
Nathan Shankles
$224k in equity, $800/mth cash flow - how do I grow?
22 January 2020 | 33 replies
They may opt to aggregate funds from others like themselves and buy 100 doors ( add value, force equity... refi or sell) capture new equity and recover personal funds.
Matt W.
Lease renewal timing
26 January 2020 | 6 replies
Then you incur on turnover expenses, which are way more than the $40 or $100/month you are trying to recover for something you are speculating.