4 December 2017 | 2 replies
I went ahead and created a pros/cons list:New England Pros: Close to home base (drive within 2 hours max) and comfort with the region (know the cities/towns)Good opportunity for price appreciation (not that I am looking for some huge increases)As a result of price appreciation, I am considering taking out a HELOC to do more deals.New England Cons: High acquisition costs (purchase price/down payments/reserve requirements)Lower cap rates/slim cash flowExpensive repair costsMidwest Pros: Great cash flow/cap ratesPrice stability (prices don’t increase or drop significantly)I can scale the portfolio and really achieve my goals rather quickly (more on that later)Midwest Cons: Investing distance (I’ll need to get on a plane rather than jumping in a car and going to see the houses, whenever)Low familiarity with the region.
19 July 2017 | 5 replies
Other common ways to build credit are having loans (car loan for example).
27 July 2017 | 14 replies
Car in the driveway, remove any rental signage, make sure you have window treatments, cage around the AC and lastly, a BIG Rottweiler or two in the yard!!!
16 August 2017 | 9 replies
Do you know where we go when we want to find turds, drugs, or stolen cars?
3 August 2016 | 27 replies
I always ask if they have an emergency fund, or what happens when they get sick and can't work, or their car breaks down, etc.
22 August 2016 | 1 reply
Contractor-given prices are like used-car sticker prices—there’s always room to negotiate.
22 May 2017 | 9 replies
Also in the mean time I can payoff my credit debit and my cars too.
30 June 2017 | 4 replies
I was hoping we could something like a large personal loan (87k max) so we could buy a condo and a car with an extra thousand, if possible as an emergency cushion of sorts.
4 June 2017 | 9 replies
I want to meet the people, see the car they drive, and an overall feeling.