Do you ever purchase a property subject to if the property has negative cash flow?Here's the scenario. Purchase price $650K, subject to existing $600K of financing at 3.625%, $25K down, $25K owner carry with principal...
Canary In The Coal Mine: Unfunded Liabilities Have Turned Illinois Into A "Banana Republic"The state is buried debt, and hasn’t passed a budget in over 700 days. 100% of their monthly revenue is being consumed by cou...
Hi all,
New landlord here again...
So what do you normally do between tenants besides change the locks? I'm talking in an ideal world, where the tenant has left the unit reasonably clean and there are no outstandin...
Those of you hosting with Homeaway and VRBO have certainly received 2 emails in the past few days;
One email is from HA/VRBO telling us they are dumping Yapstone because Yapstone now wants to charge 3% additional fo...
I recently went to a creative financing meeting and got very inspired with what we spoke about. One of the topics covered was master lease options, or sandwich lease, and as he was doing a demo on how to pitch it. ...
As I'm researching and reading and google searching and listening... I'm learning.I just wanted to use this space to note things I learn as I learn them. I have absorb so much in the past month. Not looking for a lo...
Can someone please explain how a 1031 Exchange works?
....unless you do something about it.
The Connecticut Housing Committee last week just pushed through dozens of "concepts" not even bill proposals. Just concepts which are proposed bills that only had vague titles. ...
So I have a bedroom I am trying to rent out and I have been getting emails from a woman that claims to be in a remote fishing village in Alaska right now and is moving to Austin. She says they don't have phone service...
How are tenant property improvements handled???
Example.
Tenant installed laminate flooring.
Tenant installed new exterior door.
Tenant installed fence on the property.
Floor to ceiling mirrors glued to drywall...