Michelle T.
REI lines of credit using credit card cash advances
11 December 2018 | 5 replies
I just caution you to be careful with consumer debt even if you have the best intentions.
Jose Ortega
How TO FACE A POSSIBLE RECESSION?
27 December 2018 | 48 replies
According to the S&P/CoreLogic/Case-Shiller National Home Price Index (which I helped to create) as of September, the prices were 53 percent higher than they were at the bottom of the market in 2012.That means, on average, a house that sold for, say, $200,000 in 2012 would bring over $300,000 in September.Even after factoring in Consumer Price Index inflation, real existing home prices were up almost 40 percent during that period.
Mark Evants
Gas Station conversion to money-making Duplex
8 December 2018 | 0 replies
Redoing popcorn ceilings is time consuming and hard!
Olena Kureshi
Best way to get phone# for the leads
8 December 2018 | 1 reply
Tried geoleads from Redex, but most numbers are hit-and-miss, and quite time consuming to be honest.Any suggestions?
Jacob G.
Non qualified mortgages for home owner residential loans
11 December 2018 | 6 replies
No one that I know "specializes" in these.I and a lot of the loan originators on this website are unusual in that we work with a lot of investors, because investment property loans for folks with 3 or 8 mortgages already are typically significantly more work than vanilla owner occ W2 only income (I appreciate the repeat business and loyalty, which most lenders overlook).Non-QM are about 3x more time consuming than even that (non-QM is NOT subprime or 'stated' income or any of that, they're actually MORE thoroughly documented than FNMA, just with different documents).
Gil Amram
Financing options - Somewhat unusual circumstances
11 December 2018 | 3 replies
We do not have "day jobs", instead we do actual work on our properties, and our income is our rent revenues (about 30K a year gross) so basically we are:* 400K in equity* 30K gross yearly income* Virtually zero existing debt (less than $1000 on consumer credit cards) * Excellent credit (slightly higher than 800)The two ways I know to get financing is either going to my own back (PNC, where we have our on accounts & our LLC business account) and Teacher's credit union.
Sezuo Daudu
Deal analysis for newbie
18 December 2018 | 6 replies
With you living next door, self-management should be pretty easy as property management on vacation rentals can be pricey as it's much more time consuming.
Jay Helms
What does your weekly plan look like?
10 December 2018 | 0 replies
A written weekly plan is NOT just for beginners but for the most experienced, most self-accountable, most aspiring, most successful investors.If you don’t have a weekly plan to guide your day, your time will be consumed by something else.
Kevin Keith Beck
Can your properties compete in the netzero housing market?
13 December 2018 | 2 replies
Come January 1st, 2020 California's Building Code will MANDATE that ALL newly constructed single-family homes be net-zero (homes that are able to produce as much energy on its roof as it consumes in a year).
Dane C Allen
Tenant is terminally ill - month 5 of 12 month lease in winter
19 December 2018 | 74 replies
Even without the illness, recovering damages can be incredibly difficult and time consuming.