26 March 2020 | 3 replies
    
    
        That is the only fair thing, to let them protect their initial investment by paying extra money to redeem from the tax sale, even if it is an earlier investor redeeming from a later auction when they failed to pay the taxes.You protect yourself the same way you protect yourself from former owners or their heirs redeeming--you establish exclusive possession, you burn off redemption rights, you buy out people's rights, you engage in strategic litigation to eliminate rights, etc.
    
  
      11 September 2020 | 328 replies
    
    
        The problem I'd have is most of our tenants, if they get too far behind, won't want to pay extra to get caught up.  
    
  
       1 April 2020 | 15 replies
    
    
        Sorry you hear you have extra time on your hands right now. 
    
  
      25 March 2020 | 3 replies
    
    
        I agree with @Russell Brazil - lock in that cheap financing for as long as you can and use that extra cash flow to buy more deals. 
    
  
      19 April 2020 | 3 replies
    
    
        It could be over in two weeks and most contractors could still meet their deadlines with just a bit of help of a couple extra days.
    
  
      26 March 2020 | 5 replies
    
    
        Perhaps a simple $100 extra a month to visit the property once a week.Perhaps this even leads to an arrangement on future properties.Boots on the ground : Partner Up!
    
  
       8 April 2020 | 10 replies
    
    
        I adjusted and estimated the renter insurance at $80 (very conservative) but am waiting on actual quote from local agent.I will put putting in $43.5k cash (HELOC) and covering the rest of acquisition cost and rehab with the HML.Acquisition: $87kRehab: $35kDown payment: $43.5kHML: $78.5kARV: $145kI estimated the refi amount at 70%(LTV) with the ARV@$145k = $101.5 I realize the LTV is low, but I'm being extra conservative considering it's my first BRRRR property.Would really welcome your thoughts on it.Thank you - ValUpdated report here:https://www.biggerpockets.com/calculators/shared/1683395/f397fe9f-4bda-4408-bf0e-f1c99a4d9ea9
    
  
      25 March 2020 | 1 reply
    
    
        Some jobs around where  live are offering as much extra hours as people will work, such as the grocery stores and major retail stores. 
    
  
      27 March 2020 | 16 replies
    
    
        It appears they are loosening the regulations for unemployment and allowing temporarily laid off people and 1099/freelancers to collect unemployment and also giving an extra $600/week onto the u employment checks.
    
  
      25 March 2020 | 2 replies
    
    
        My father is willing to go in based on the fact that he expects my mother to live a very long time, and would like to provide some extra monthly cash flow for her. - Positive cash flow will be put into LLC bank account until we have (an already agreed upon) $XX in for repairs, capex, etc. - Once bank account balance is satisfied, we will split positive cash flow 75/25 until we have both recouped our initial investment - this allows us to be both paid back simultaneously. - After we have recouped initial investment - we will be 50/50 owners - split cash flow/expenses 50/50.