Hey, everyone! I'm in the process of buying my second property, which would give me 5 apartments total. This would give me roughly $1000/month in cash flow between both properties. I want to keep about $10,000 in cash...
As a landlord, I am entertaining the concept of a Rental Bond in place of a traditional Tenant Security Deposit, but I have no experience with the Rental Bond product. Does anyone have any pertinent "words of wisdom" ...
I have an issue with a GC on a remodeling job. He has abandoned the job unfinished and refuses to answer phone calls, txt or emails for over a month now. I sent him certified mail terminating contract for default. I h...
I'm sure many people have struggled with this question before me- should I cash out my more traditional investments in stocks/bonds in order to expedite my ability to buy property? Personally, I've been investing (in ...
CRE Info - December 2018CRE Info is James Scully's periodical of commercial real estate research & articles intended to equip building owners with the market knowledge to make more strategic real estate investemen...
Hi everyone. I'm hoping you can help me find some good DSCR lenders and give me an idea of the going rates? I was quoted 9.75% for a DSCR on a rental property recently. Is that average? High? Low?! As I am shopping, w...
This is not intended to be a rant of the complaining sorts. However, from the this post I hope that someone may gain some value out of my situation. Short story long....In the process of completing the process to get ...
Friends! I am calling it now, this Trump scandal is going to be the catalyst that sends the US into another economic recession. This is not necessarily a bad thing though, here's why.Over the last hundred years the NA...
I had a large electrical job that I went through a construction loan to finance. The electrician was paid installments and draws mainly through our lender. We also paid directly for supplies and materials.Come to find...
I've had a roth IRA and a mutual fund thru Northwestern mutual for just under 2 years. I'm 23, I wanted to get started early so I can buy a business with the money some day. I don't trust the guy that is in charge of ...