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In a market that has quickly appreciated over the past three years, I am looking to obtain cash flow properties. If I run the numbers on an income-property and the cash flow is acceptable as well as the long term ROI,...
Hi all,
This is my first post, I am excited to be part of the community.
A little about myself. I am an East Coast transplant living in San Diego, California. After purchasing my first home last year, my wife an...
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Hi BP,
I'm currently prepping my house to be sold within the next month. It has one major issue, the upstairs original hardwood was covered with carpet and a ton of glue. Almost every single floor refinishing contrac...
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Good morning everyone!As an SBA professional I wanted to make you all aware that the SBA has a long standing policy to allow for loan deferments to handle temporary cash flow disruptions, which the Covid19 event quali...
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I'm not sure exactly where to post this question but here it is, I was one of the fortunate ones to be granted an EIDL from the SBA. There's a clause that says it can't be used for physical repairs which makes sense ...
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Anyone ever have a tenant die on them with no heirs or with no heirs who want to do anything about it? Happened in Cook County, IL. The local police and a state representative were at one point involved but no more....
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I've spoke to several lenders at this point and it seems that most will give you 30 years terms but every lender I've spoken with (3 different ones) are all requiring 25% down vs 20% down. Has anyone else seen this? S...
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*Disclaimer* Not all appraisers apply. This forum is about the experience I am having in my marketWhere am I looking: MLSMethod of investing in this discussion: BRRRRI want to get your feedback on how to get more crea...
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Do you prefer to buy multi-family properties that are vacant, or occupied, and why? I've had a lot of difficulty with two of the tenants I inherited in my triplex. Thinking next time I would prefer the property to be ...
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During these current and unprecedented economic conditions, nearly all businesses have suffered some sort of financial strain, however, I'm here to tell you that it doesn't have to be that way.
We've all heard the ma...