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3 reasons that most note investor's fail: 1) Fear that leads to half steppin’. I’m not a fan of rap music but I do like this song from Big Daddy Kane which is titled, “Ain’t No Half Steppin’”. What prevents most ...
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Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...
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What percentage is the structure worth vs land for depreciation?In California in the property tax bill you can see sometimes the land is 90% and the structure is 10% but the reality to rebuild the structure can someti...
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This is a question I hadn't considered until a couple days ago, but here is why I ask it. I'm new to investing and want to start making money, and I'm also committed to learning everything I can about whatever I get s...
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I'm renting out the other side of my duplex and there are 3 people on the lease. One of them just called and said he can't afford rent due to job loss and will be moving out. He said he's looking for a sub-lease alrea...
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Hi all,Looking for advice for my new real estate dilemma. I had a tenant call me the other day informing me of a fire on the front porch. The tenant left me a message in the middle of the night informing me of the fir...
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I saw @james wise thread on the fires in general but here are some other thoughts now that this has grown , I think it's important and very interesting...a) What will happen with CA insurance? They already lost some m...
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We should start a BOA sucks thread!This was posted in another thread, therefore, here we are.
Please share your B of A nightmares here and all you are dissatisfied about with this company.
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So before people get on me about bragging, please notice I did put this into the real estate success stories forum :). We are buying our 10th property (a milestone by itself), but the real story here is the numbers. ...
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my tenant completely trashed my place, deposit will not even cover the junk removal service I called my insurance (USAA) the adjuster showed up and was very helpful : turns out Trashing the place is not covered BUT (b...