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I have a great tenant , 23 year old guy . Just texted me telling me he wont have the rent on time . He has a car payment and rent and doesnt have enough for both . I have to believe his excuse . He is in the Coast ...
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Hi Everyone,My GC want to be paid in cash. Its a gut rehab which will be over $100k. I will not be paying it all upfront. I am not concerned about him disappearing or doing a poor job as I have known him many year...
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This was a great question. Somebody asked me yesterday. They asked, “why do you care about junior lies when you are in first position?“There are several reasons why this is important:1. It typically takes away your ex...
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That is the question, folks. Following Joshua Dorkin's suggestion to open a new thread, the question derived from the conversation about cash flow vs. appreciation. Rich Weese claimed that the time now is to BUY! BUY!...
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Hi all experienced investors would you prefer a turnkey investment with a tenant and management or an empty unit to place your own? Same purchase price,rehabbed with new c of o. Just want some opinions based on what p...
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The area where I live is loaded with MH's, and I'm wanting to take advantage of the demand for this type of affordable housing. I've put some ads out that I buy mobile homes and my phone is driving me crazy (not compl...
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Hello everyone, I go by Eris. I own a franchise business for almost 3 years now. Recently, I've had a tough time working with people. I know part of it is my problem but I don't know how wrong I am. People keep saying...
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Part 1 of 5: What is a Deductible Buy-Down Program
Deductible Buy-Down programs are insurance policies a business/real estate investor can implement in their protection plan to lower the amount of deductible they h...
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Hi Folks,I noob question here, I am just starting out with buy and hold rental property acquisition. I have been attending my local REIA which has been excellent so far and I am in the process of designing my business...
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Right now we have a separate business checking account (a sole proprietorship) for receiving payments from our property manager. However, I read a post (which I can't find anymore) that seemed to suggest it was better...