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1 April 2024 | 36 replies
A lot of sellers are burned-out landlords who like the idea of "passive income"/mailbox money after years of chasing late rent payments, dealing with tenant BS and maintaining the property (I use quotes for "passive income" b/c no income is truly passive IMO, a wise seller will still pay attention to what's happening with the property in case they need to take it back, but collecting payments like a bank is generally easier than collecting them like a landlord, you can set up ACH with the buyer's bank or hire a loan processing company to handle it).
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2 April 2024 | 45 replies
So you should have a flipping arm to your REI company.
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2 April 2024 | 2 replies
I can provide a lot of advice as I've done several LLCs for our companies and I'm right down the road in Tampa.
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3 April 2024 | 17 replies
Multiple, billion dollar companies are investing investing heavy in our area, such as Intel, Google, and Amazon.
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30 March 2024 | 0 replies
Hi if I am going to buy and investment property , put it under an LLC, what are the pros and cons of using a saving secured loan vs. delayed financing?
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2 April 2024 | 7 replies
However, this is a larger banking company and I have heard it can be better to have a HELOC with a smaller, local bank.Option 2: interest rate is prime +0 with a max of 25%.
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4 April 2024 | 32 replies
In my opinion, part of your renegotiation needs to provide your partner with some security.
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2 April 2024 | 11 replies
Hi Lynn, After dealing with maybe 4 different management companies before, this one is by far the worst.I don't see anywhere where they say they charge for a vacant tenant, which is ridiculous.
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2 April 2024 | 15 replies
Multiple, billion dollar companies are investing investing heavy in our area, such as Intel, Google, and Amazon.
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2 April 2024 | 59 replies
But the seller simply goes to a different title company and closes with them and leaves your contract and EM setting at the original title company. and after some months that title company will want some resolution to the dead file and if nothing is done they will inter plead the EM to the court for disposition.