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Thoughts on 2019 - Kiplinger Article
2 January 2019 | 11 replies
Attractive multifamily acquisitions will be captured by buyers who secure assets that are “right priced” to account for rising interest rates."
Chris C.
Do you keep your primary residence in your name or business?
2 January 2019 | 2 replies
A business expense is defined by it's nature of being ordinary and necessary, not by how you hold the asset.
Pat Mulligan
Why am I having such a hard time with HM lenders? Unrealistic?
3 August 2021 | 23 replies
You are looking for an HML that is truly asset driven and privately funded so they can do their own in house underwriting.
Kyle Hewett
Not a cool investor, just need life altering advice
7 January 2019 | 7 replies
Here's a little tough talk.Your house is your greatest asset and I advise you to do whatever you need to do to hold on to it.
Sarah M.
I bought a house! Now how do I get the money out to BURRRR it?
4 January 2019 | 9 replies
(A recorded trustee's deed (or similar alternative) confirming the amount paid by the grantee to trustee may be substituted for a settlement statement if a settlement statement was not provided to the purchaser at time of sale.)The preliminary title search or report must confirm that there are no existing liens on the subject property.The sources of funds for the purchase transaction are documented (such as bank statements, personal loan documents, or a HELOC on another property).If the source of funds used to acquire the property was an unsecured loan or a loan secured by an asset other than the subject property (such as a HELOC secured by another property), the settlement statement for the refinance transaction must reflect that all cash-out proceeds be used to pay off or pay down, as applicable, the loan used to purchase the property.
Heshel Mangel
Demo recommendations Cincinnati
9 January 2019 | 3 replies
Arch degree, 8 years of digital fabrication experience, and two of my own multi-family projects in Cinci.My number two is head of maintenance for a University.Depending on what you need done I can bring along a group for labor.Demo, layout drawings, design, kitchen, bath, walls, exterior, decks, concrete, electrical...So, if that sounds about right we can carry on with a PM and or meet up.For me this would be a short-term experiment to see if I want to do more of this for others or just keep it in-house.
Brett Peters
Water pipe/ Sidewalk excavation
3 January 2019 | 11 replies
. $1600 for everything (two pipes even- the expensive part is the excavating, you can dig it up yourself if you need cheap and have time and energy on your hands).
Kaitlyn Pratt
Condos- Equity, HOA, and cash flow, are they worth it?
2 January 2019 | 2 replies
Condos are more volatile than other asset classes.
Luis Valdez
I have LLC questions
2 January 2019 | 2 replies
My rule of thumb - If your net wealth is less than $1M, protect your assets with an umbrella policy.
Mary Jay
Tenant wont sign the lease
6 January 2019 | 28 replies
My asset is deteriorating...And I am upset about it.2) My insurance company wants me to do a picture of smoke/fire alarm and I cant do it because she wont communicate with me.