Jonathan Chen
New Guy From New Jersey
15 May 2015 | 5 replies
Although I may not really have the liquid funds right now to start the venture of buying&renting.
Jim Viens
Trouble analyzing this possible "deal"
15 May 2015 | 7 replies
**Camera shows Jim's face in the toy store.
Steve Rozenberg
How Important is Technology in Real Estate
23 May 2015 | 8 replies
I think a hybrid is ideal - you still want to keep the original docs you have your tenants sign for lease, but at the same time it makes sense to scan them and also store them digitally.
Account Closed
Pre-qualifying Investors
17 October 2018 | 9 replies
I think one of the key things to consider is the investor's liquidity.
Bryan Hancock
Strategies For Managing Tax-Advantaged "Buckets" Versus Cash
2 August 2015 | 5 replies
My little bit of input is this; most of my assets are in ROTH and Traditional IRAs vs Liquid Cash, so SDIRAs are the way to go for me.
Alvin Grier
How do Access probate information at Court house?
24 October 2012 | 7 replies
Every courthouse is different in how they store their records and how they let you research them.
Rob K.
Landlord pays heat - lock the thermostat?
7 February 2013 | 15 replies
Fast forward to today where water in many parts is like "liquid gold".My clients wanting to buy larger buildings look at utilities like a hawk.
Todd Carel
Who's right?
2 July 2013 | 14 replies
If your gross rents are currently less than 3x your P&I in aggregate currently, then in my view you are very tight on cash flow (and preferably 3.5x) and not in good position to weather adversity.With 29 properties, all the debt introduces alot of financial risk, where circumstances cause a large drop in market rents and/or high vacancies across the board, and the problem could overwhelm the ability of your non-RE income to bail you out.Also, if your liquid reserves are less than 6 mths P&I on all your loans, then likewise you need to shore that up.If you can create some free & clear properties by paying off the mortgages, you also have the benefit of being able to transfer them to an LLC to potentially provide some shielding from creditors if problems ever occur in the leveraged portfolio.
Floyd Jackson
Wholesaling in Columbus Ohio.
16 February 2019 | 21 replies
In the event that Property does not sell within agreed terms, our company forfeits its profit and liquidates the property to payout investor's interest.I hope this clears up your questions.