Jay G
Living Quarters
17 June 2007 | 9 replies
With the subprime meltdown, the tighter money policies taken effect, and the way the market has gone from high-appreciation to nearly no-appreciation for the time being, and interest-only loan won't help you much...
Garrick Solberg
New Investor - My intro and path
25 June 2007 | 8 replies
The best way to think about it is that you are trying to maximize CASH FLOW and mortgage paydown is just a nice side effect that causes you to cash flow more.One other point: the more money you pump into the property, the more money you risk losing if you ever default on the loan due to hardship expenses, high vacancy rates, or anything else that could come up to deplete your reserves.
Richard F.
Aloha!
20 June 2007 | 7 replies
In my experience, at least for long-term holdings, understanding and considering the long term effects of today's decisions will allow you to maximize your ROI over the life of your investment.NARPM offers a venue where (generally) multi-property PM's can share and learn from each other.
Lynn Z
bank lender won't return calls/emails?
16 June 2007 | 2 replies
Not every loan goes perfectly so it our jobs as consultants to effectively update parties involved.
Account Closed
Buying rental property with existing tenants
22 June 2007 | 11 replies
Not necessarily, I want to extend them to come up in the summer, or point out how much UNDER MARKET their current rent is and offer them a SMALLER INCREASE to sign now, increase to take effect at end of current term.You always want to increase rent EVERY YEAR (or every end of lease) in order to train your tenants to expect increases, and to encourage the good ones to sign longer term leases in exchange for SMALLER increases.TN apprentice wrote: officially charging them an above-market rent to make the property sell at a higher priceSounds like someone took "due dilegence" to mean "believing what an interested party told me" instead of what my own investigation revealed.all cash
Account Closed
Skype user?
24 October 2007 | 22 replies
It is reliable and the quality of voice and video is superb.
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Have you provided private loans (hard money or not)
21 June 2007 | 1 reply
I am talking about rehab projects or otherwise where the person is effectively borrowing on hard money terms.
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I've notice something about reo bulk buyers.
27 June 2007 | 4 replies
They received credit for the $1 billion.In effect they paid nothing for the bank they took over.
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PM issue?
27 June 2007 | 4 replies
I am not all that used to knowing if and when someone reads a message.I wonder if I can effectively delete or otherwise pull a message back that I have sent but has not been read.
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corporate credit
31 July 2009 | 11 replies
A few can charge a lot of money what what is effectively training information.Your company can only get credit by applying for credit.