5 February 2020 | 46 replies
Even better if the tenant has had the utilities cut off for non payment the the house is not habitable and I just call code enforcement and they can have them out in 48 hours.
26 January 2020 | 9 replies
She thinks she is getting money back I don’t know why as she left the unit trashed, broken screens, lease required yard work undone, unpaid utility bills ect, ect....itemization shows she owes me $110.xx.
26 January 2020 | 1 reply
I've read that you can borrow against 50%+ of your assets at LIBOR + Spread; Interactive Brokers allows for this but it's a margin line that can be called (at the worst time)How do you go about pledging assets to get a non-callable credit line for RE?
26 January 2020 | 1 reply
I will be giving him the reigns to handle and manage the work being done (Paint, flooring, light framing to add a kitchenette, separating utilities, and various finishes).
26 January 2020 | 27 replies
One can then utilize this credit line to purchase RE and achieve higher CoC with the advantages of appreciation, depreciation (reduction of taxes) and interest deduction.Banks lend at very favourable rates for RE since they have collateral to lend against - which isn't the case with other types of investments.
25 January 2020 | 0 replies
Interactive Brokers offers a 2.2% loan, but the call happens automaticallyHas anyone managed to secure a line of credit WITHOUT it being callable?
25 January 2020 | 4 replies
After Principle, Interest, Tax, Insurance, money set aside for Maintenance/improvements, Property Management, Utilities etc, is it cashflowing?
26 January 2020 | 4 replies
I'm asking because currently, I own another company (not for real estate) in the US, which utilizes this structure.
31 January 2020 | 9 replies
Right now the current landlord is dumping buckets of cash into the utility bill every month.
25 January 2020 | 6 replies
For about a week now My broker is trying to get financial information from the sellers broker but we keep getting mixed answers regarding the utilities, leases.