16 April 2020 | 5 replies
This is typical for c class building my area.
15 April 2020 | 3 replies
This does include principal reduction in your mortgage payment, but I also include that in cashflow, since it is not cash I am able to use to buy another property today.I would not count on much long term appreciation as you are doing most of the rehab now, thereby forcing appreciation today.I would say you are in a good position either way.
15 April 2020 | 5 replies
Well the obvious answers are:1 - Change your plan (not your goals)2 - Next plan, don't include (as in depend on) the Stock Market.You chased a shiny object of distraction (SM), where your returns are based on decisions and future events impacted by those decisions (and don't blame the decision makers), that you have no control over.Just start smaller with REI and work your way up...in control.
19 April 2020 | 3 replies
@Greg TodrankClosing costs have many factors.The bank you use - some charge a higher loan processing fees than others.Closing without a mortgage is normally less costly than closing with a mortgage.The time of the year that you close can also impact it - depending on if you are close to a real estate payment, you may pay more or less.Is there tenants already in the unit - you may get higher pro-rated rent if you close in the start of the month.etc etc etc
24 April 2020 | 4 replies
The impact will likely be spread out across the country, bringing some higher price markets down some, while raising up the attractiveness of lower cost markets elsewhere.
5 May 2020 | 25 replies
From SBA email on 4/14:Dear Applicant,On March 29, 2020, following the passage of the CARES Act, the SBA provided small business owners and non-profits impacted by COVID-19 with the opportunity to obtain up to a $10,000 Advance on their Economic Injury Disaster Loan (EIDL).
15 April 2020 | 1 reply
The numbers I need are impacted by the demographics you speak of, but the results for the best, worst, or middle ground are not universal to the dollar sign numbers.
15 April 2020 | 2 replies
Put those figures together and bring that information to multiple security companies for quotes.Filing a lot of claims in such a short period would definitely impact your premiums and finding coverage.
15 April 2020 | 0 replies
If you have STVR or rental properties, were your business affected by Coronavirus?Do you still buy properties to fix and flip or weight until everything is back to normal?Wondering to hear from the front line people w...
16 April 2020 | 10 replies
How hard will the likelihood of many future job losses hit performance and impact all of the above variables?