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Had a discussion with someone about this cash for clunkers program. Do you realize what this program did? It took people who owned a vehicle free and clear and put them into a financed vehicle, basically tacking on ...
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I need some help with figuring out the appropriate interest rate on an unsecured business loan for flipping.
For a secured business loan from a hard money lender, it seems the going rate is around 18% per year with...
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L.A.: $111M in Stimulus Saved Just 55 Jobs
More than a year after Congress approved $800 billion in stimulus funds, the Los Angeles City Controller has released a 40-page report on how the city spent its share, and t...
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Hi - I am under contract for this house in Nashville area. I feel I got a pretty good price. It's a slight fixer upper, just cosmetic rehab. I feel I bought at 75% ARV but since it's in such a desirable area I think i...
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Hi everyone,I'm a first-time home buyer, looking to purchase a house that's under market value, fix it up, live there a couple years then rent it out. I found what seems like a good property and am ready to make an of...
Hi, I would like some advice from experienced folks. I am searching tenant for my home and one of the propective tenant have bad credit. She told me that her credit is not good because she was working in cash few year...
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How do you prioritize what gets updates/repairs for your rentals? Because there is a lot that could be done in mine (whether it should be is kind of the reason I'm asking), I feel a little hesitant to take action beca...
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Hello everyone, I am looking at purchasing an apartment studios complex. It was a hotel repurposed as a studio apartments. Anyone has had experience with this property type and is willing to share their perspective in...
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Hey Everyone!I have a 2 unit I'm currently under contract on. The loan is now in the underwriting stage and my nerves are all over the place. I'm hoping to get some reassurance or input regarding the likelihood of my ...
Hello,
I have a tenant renewal coming up an it’s my first one. My lease has a month to month term, which can be terminated with 30-day notice. I am worried about my tenants leaving me in the middle of winter when occ...