Vinh Huynh
Negative cashflow on Rental Property .
14 May 2019 | 260 replies
Just hoping to provide a counter balance.
Nathan Sharp
First Fix and Flip. Eye-sore SFR into beautiful home.
23 February 2022 | 45 replies
A nice balance between trendy and classic.
Ken P.
Reflections on the first year as a MF owner
11 July 2017 | 11 replies
That said, it does not yet sync with my bank, so I maintain separate accounting in Quicken, which serves as the basis for our tax reporting and for balancing our checkbook, so I’m spending extra time (that I don’t have) maintaining much of the same info in two databases.For lost rent due to vacancy and non-payment, we assumed that we’d have the equivalent of 1 unit continuously empty, and despite all the renovations, we only slightly exceeded that over the first year.
Walter Boyd
New member- Norfolk Va
11 March 2016 | 27 replies
I have a few years left on active service where I will be trying to balance furthering my real estate knowledge as well as setting myself up for exfil out of the Navy.
Cody Stephenson
New member from East Central Indiana
22 September 2015 | 9 replies
Flip2freedom episode 77[http://www.flip2freedom.com/a-3-step-formula-to-a-successful-balanced-and-insanely-profitable-2012/] - podcast - LISTEN TO THIS TODAY!
Calvin Dykhuizen
Investing in the Indianapolis, Indiana area
16 September 2015 | 9 replies
Flip2freedom episode 77[http://www.flip2freedom.com/a-3-step-formula-to-a-successful-balanced-and-insanely-profitable-2012/] - podcast - LISTEN TO THIS TODAY!
Wade Penner
When do you stop accepting applications for a rental property?
25 September 2018 | 20 replies
Our initial application gets their current residence, how long they've been there, landlord contact info, employer, salary, how long they've been employed there, family size/status, pets, cars (years and type), whether they've ever filed for bankruptcy, had a felony conviction, owe any outstanding balances, and other similar information.
Frank Leone
Seasoning borrowed money
5 October 2018 | 34 replies
@Frank LeoneNormally, money has to be seasoned 60 days.If the deposit is greater than 25%-50% of your income, you'll need to explain the sourcing.Banks have other ways of looking into your balance besides what's currently on the bank statements.As an example, if the average balance says $500, but you have $50,000 sitting in the account, it's obvious that something is up.
Eric Sipe
Drowning in Student Loan Debt -Help!
13 September 2019 | 16 replies
Flip a house or two and pay off the balance.