6 July 2021 | 2 replies
Those buyers, unless they have a life event such as death, divorce, illness, won't typically be forced to sell and therefore won't be selling for pennies on the dollar.
14 July 2021 | 13 replies
When 2021 hit, we really started digging into the science of investing (books, BPPC, BP webinars, etc…) and realized that we will do whatever it takes to live the financially free life style.
7 July 2021 | 16 replies
It sounds like you're trying to preserve this 'existing' lease instead of allowing the daughter's life change to terminate the lease and start fresh with a new tenant.
7 July 2021 | 13 replies
After refinancing, initial investment amount paid back with a 25% equity holding for the life of the property (meaning they receive 25% of the cash flow after all expenses/reserves for vacancy, maintenance, capex, etc. and/or 25% of profits when property is sold)2) When executing the BRRRR strategy, ideally 100%+ of cash invested is returned after a refinance, but I've seen a lot of investors still may end up leaving some money in the property (~$5,000).
13 July 2021 | 6 replies
I was wondering whether I can qualify for financing for a new property purchase because I really want to move forward with real estate in my life.
14 July 2021 | 23 replies
It is still the #1 best, cheapest, most effective strategy to simply negotiate and work with the tenants on a human level.
13 July 2021 | 20 replies
I explain they are free to live in the apartment or live elsewhere for the duration of the lease, but it is their responsibility to pay the rent and maintain heat in the apartment as per the terms of the lease.I also explain that circumstances change and I am human.
8 July 2021 | 4 replies
I just graduated from high school and life is getting more serious and I do not know where to start.
15 July 2021 | 19 replies
All I see is expensive repairs to mechanicals, structure, roof, etc...coming that will suck the life out of the CF.
7 July 2021 | 2 replies
I mean 3 units you can keep that straight but the more you bend rules the more you make special cases the harder it becomes.Systems and processes will save your life in this biz.