James Wise
Clayton Morris / Morris Invest House of Cards starting to fall.
It looks like Clayton Morris' (Morris Invest) House of Cards is finally starting to crumble. This article just came out today.https://www.indystar.com/story/news/2019/03/26/fox-and-friends-clayton-morris-investment-re...
Cheri K Stephens
Would you "charge" a building?
I CAN purchase a building I am looking at on credit cards via cash advances. No interest for 9 months then interest w/ a 2% minimum payment. I can evict the tenants, remodel and re-rent within the 9 months then star...
Michael T.
Main Street Capital Partners Ron Happe
I have experience with PPR regarding note investing and was looking to branch out to other companies that work with note investors. I came across Main Street Capital Partners Ron Happe via a podcast and had a good co...
Rheann Evers
Accounting questions, some general and some Stessa-specific?
Hi all. I'm relatively new here, been hanging out and using calculators on my husband's Pro account for the last 6 mos or so but decided to start my own for topics like these. Is there anyone out there that's an acc...
Charlie DiLisio
Financing question for flips
I am looking for advice about financing my flips. I have two going on now and I have the cash and lenders for both including the flip money. I am looking at a possible tri-plex that I found (off market) and I am loo...
James Fain
401k early withdrawal
Hi. My name is james and I'm trying to get started in my rental business. I have one house right now that I'm trying to get fixed up and rented out. And I Only have about $3000 saved up and was wondering what anyone t...
Account Closed
Do you know where you are personally?
How many of you are aware of your personal balance sheet? While, I don't worry about pennies, I do track my balance sheet.
A personal balance sheet is slightly different than a business balance sheet.
Major Elemen...
Elliot Wagner
How do HELOCs with high utilization rates affect mortgage FICO scores (FICO 2, 4, 5)?
We have a few HELOCs with 97% - 99% utilization rate with balances in the range of $70K - $200K. How do these affect mortgage FICO scores 2, 4, 5? I keep reading completely conflicting advice where some sources say HE...
Kim Hopkins
Does Raising Equity for Reserves Artificially Increase Cash on Cash Return?
I'm looking at a passive real estate investment where part of their equity raise is for Tenant Improvement and Leasing Commission (TI and LC) reserves. When they calculate their annual cash flow, they do not include t...
Jesse Daconta
BRRRR Strategy When you Have Over 10 Properties?
Hey guys,Does the BRRRR strategy work well when you have over 10 properties? I hear that it's much harder to receive loans after 10 properties. Could anyone with experience shed some light on the subject? I'm worried ...