2 June 2019 | 12 replies
It makes the most sense if you can add value by doing some renovation or buy it with some equity built in.
31 August 2019 | 5 replies
I can look them up and see who built in for you.
31 May 2019 | 8 replies
I haven't read the book you reference but generally Cash Flow gives you freedom when you've built up enough monthly cash flow to cover your needs.
3 June 2019 | 7 replies
Here are the specs:Purchase Price: ~825kDown Payment: 300kLoan Amount: ~525kLTV: 64%Years Remaining on Lease: 6.7Corporate Guarantee: YesProperty Built: 1987NOI: $46,57120 Year AM DSC: ~1.1025 Year AM DSC: ~1.25I currently have loans with 9 different banks and so I'm fairly familiar with the underwriting process.
7 August 2019 | 9 replies
Do you have an opinion on the consumer protection issues related to wholesaling...consumer with a 6th grade education works for 30-years, pays off her mortgage and hasn't a clue about the power of equity in her home...in comes a wholesaler promising the world and negotiating away the equity she has built up....seems to me the Attorney General's would want to take this on at some point...
3 June 2019 | 9 replies
What you'll find is that unless you have a unique strategy for how to engage with the Tucker, GA market, it will end up being the odd item in your portfolio.I have had one of those odd investments in Richmond, VA for a few years.
14 June 2020 | 20 replies
It was built in 1979. 6 units all occupied.
1 June 2019 | 12 replies
I would update your lease to include fines after an initial warning about leaving trash or personal items in the common space.I wouldn't allow tenants to mail in the rent.I allow them to deposit directly into my account, ACH or Zelle.Maybe get extra trash cans so that they don't have to leave their bagged trash by a full can.
3 June 2019 | 6 replies
The house was recently appraised at 359k so there’s $80k equity built into the deal.
31 May 2019 | 2 replies
The house was built in 1925.