17 January 2019 | 5 replies
Simple things like inspecting properties regularly for safety hazards.
15 January 2019 | 1 reply
Even if you waited until it is seasoned it represents a non arms length transaction.
17 January 2019 | 7 replies
Hi, I’m looking to invest in Kansas City, MO, and started calling the local banks, the first few I called have 3-5 year fixed rates then convert to arms.
24 January 2019 | 10 replies
You can get a loan that works from a broker that specializes in loans between banks and hard money; no income verification, about 75% loan to value (maybe 80) and a rate in the mid-7's on a 5 year ARM.
16 January 2019 | 5 replies
However, I also don't carry debt except for my personal home and investments, I don't live paycheck-to-paycheck, and my properties are cash-flowing well enough that I could divert all income to handle the problem.The point is, you have to sit down and assess your position personally and with your investments and determine what kind of safety net you need.
18 January 2019 | 9 replies
In the UK if the house has 5 or more tenants then we need a special license and have to abide by all these different safety regulations that can be costly.
17 August 2021 | 67 replies
I'm big into basketball so I like to make basketball analogies for real estate related things ha.Don't be the guy that walks into the gym decked out with a headband, shooting sleeve on both arms, doubled up highlighter Nike socks, A tank top that says "Ball is life", compression leggings, and a $400 pair of Air Yeezy's- shooting air balls all day.Be the dude in the T shirt and shorts schooling everyone!
17 April 2019 | 17 replies
You'll need roughly .90% of the monthly gross rents to be higher than your entire monthly PITI payment (prin/interest/taxes/insurance monthly) which is near impossible to do in Ventura county even if you buy extremely distressed but then FHA wont finance you (probably) due to min health and safety requirements with FHA (unless if you do a 203k FHA rehab loan but thats another discussion).The only way to combat the FHA SS rule is to put more money down which negates the benefit of 3.5% down FHA loan, find ways to decrease your monthly payment like rate buy downs, use of FHA 5/1 ARM instead of 30 year fixed, get lower insurance quotes, or to increase the rental income (either or).
28 January 2019 | 4 replies
For safety reasons this should be plumbed correctly so as not scold someone’s hands accidently.
13 February 2019 | 30 replies
I am now retired from aviation my partner still has the bird and our hanger.. when I do want to fly I rent it from him and take a safety Pilot with me.. just someone to ride with really.