John Hickey
Hard money horror stories. Let’s hear them
20 May 2024 | 6 replies
However one thing that would make trouble for me was that I had some pretty high standards I was keeping the tenants to in an effort to clean the buildings.
Matthew Spiers
Cap-Rate Qualifying Loans
18 May 2024 | 4 replies
My main focus is really to reduce the number of closings (due to fees) and to pay the family member back for helping cover some previous work.
Abdenour Achab
How would you mitigate the environmental risk
18 May 2024 | 8 replies
3) If you went the LLC route, how much money you would put into the LLC to significantly reduce the risk the EPA and Arizona's environmental agency pierce the corporate veil.
Tori Coil
Searching for Flips in 2024 Central FL
20 May 2024 | 3 replies
The goal is to replace 1 persons income, for now, and pricing on multifamily seems too high at the moment to be able to accomplish that without more money on hand.I've been in property management for around 4 years and my husband is with the same company in the renovations department.
Michelle Ch
What to include in letter: driving for dollars > seller financing
18 May 2024 | 2 replies
To win at seller financing you overpay on the price and reduce on the terms.
David Nino
What should a good CPA cost for rental properties
17 May 2024 | 11 replies
Because my first CPA was a tax filer, which means she was very good at filing my taxes but she couldn't give me strategies to reduce my taxes.
Jonathan Wiesniak
Rental demand Miami/broward
19 May 2024 | 1 reply
Anyone know in demand is high or slowing up ?
Sean Bramble
Anyone done a "Morby Method" deal? Zero down creative strategy
23 May 2024 | 35 replies
(The rail that supplies the high voltage to power a train on an electric railway.)I'm not even sure where to start – first I am not an attorney, I didn’t attend law school, I “Lived” Law (experience) It’s not theoretical to me. ;-)I’ve only done Creative Finance Deals.
Tanner Webb
Making the jump to a second property
19 May 2024 | 9 replies
Your concern is a good one, buying in this market at high rates = high payments and you may not cashflow if you were to repeat the process.However, 2 considerations. (1) By not doing it you don't have 800-1000 in your pocket, so although the payment on the new place might be higher than in a normal market you've got extra funds to cover it.(2) Your new rate is not forever, perhaps in this high rate market, it's as you say, best case you're breaking even if you repeat this process.
Sage Weiss
What to do with extra cash?
19 May 2024 | 23 replies
Why not just find a high yield savings account or invest it in the stock market?