9 April 2022 | 84 replies
The red-light districts were a rational acknowledgement that there are certain behaviors that will never be eliminated in a democratic society, and rather than waste a lot of time and effort trying to eliminate them, corral them into one area that can at least be controlled.
1 September 2021 | 4 replies
The ease of operation from tokenization will make the benefits of real estate more accessible to the average citizen and spread it across more asset classes. 2) Less intermediaries required in real estate transactionBlockchain will eliminate the need for intermediaries in real estate transactions.
25 August 2021 | 2 replies
It's a catch 22 - I can't improve my score because of debt and I can't pay the debt because all of my money is locked in this property!
26 August 2021 | 1 reply
Helped us bring our business debt down with cash flow from $250k to around $150k - combined with other efforts - and we sold at a net profit of $41k with which we have been able to dive into house flipping.
26 August 2021 | 3 replies
Hello everyone,I'm seeking advice on how to lower my debt to income.
27 August 2021 | 8 replies
This is a nice balance to work with just one LLC/account but be able to "sluff it off" to effectively eliminate/mitigate your risk since the entity will/could be dissolved by the time somebody wanted to file suit or something.
31 August 2021 | 34 replies
Tenant gets to stay in the property with their debt cleared.
29 August 2021 | 2 replies
@Jack Calhoun There are a few "rules of thumb" but ultimately, you'll need to do a full underwriting on a property before you actually put in an offer.I would suggest finding a good property analyzer spreadsheet and getting enough practice that you can quickly do an initial analysis within 30 mins or so.Some things to look for in a property analyzer: Allow for separate entry and exit cap-rateMin 5 year forecastinput for rent/expense growth on each yearincludes rehab and capex costsincludes debt service and financing costsincludes acquisition and disposition costsProvided IRR for planned exitHonestly, there's a ton more bells and whistles you could add, but I would consider that the baseline if you're talking about deals that size.Hope that helps!
4 September 2021 | 2 replies
But that is extending my debt and I am not sure it’s the smartest thing to do.It’s a good time to refinance.