I have a performing note backed a large multifamily property that I generated. I have had it less than a year so not much seasoning. It is around 80% LTV with an interest rate in the high 5s, fixed for 20 years. I'm c...
This post is way longer than I expected it to be when I started writing it. Sorry about that.When I started coming to this site, reading articles and listening to the podcast, I was not in a position to take big actio...
I'm curious if it makes sense to use a home equity line of credit (HELOC) to fund the down payment & rehab on a buy-and-hold rent property, but I'm not sure what the exit strategy would be. If you just pay back th...
Do any of you give Christmas gifts to tenants?
If they are "good" tenants, I'll hand deliver a gift card from the local grocery chain. They can use it for gasoline or groceries. Depending on the tenant, the denominat...
We have the good fortune of too much off market deal flow and not enough time to tackle all of the projects we wish we could. We hate to just toss these leads, but we don't have a system to offload them. Furthermore, ...
Hey everyone!I'm hoping there are a couple people that are in my position or that have advice on moving forward. I have been self employed for most of my adult life. I make in the six figures right now, but taxes have...
Ive been tyring to do wholesale, mainly because you dont need to spend much, or any, money.
Everytime i talk to somone about being interested in wholesaling, their ussually turned off by it due to signing the contrac...
I see a lot of brokers are good and doing great at what they do. However there are alot of real estate brokers that still say wholesaling is better and there bread and butter. But there are others who say listing prop...
I just finish rehab single family and renters are moving today! So, far so good but when I went to the house to give keys to my tenant in the morning, we found one small paper note was stick at the front door of the h...