23 March 2018 | 12 replies
If he's using a 15 year amortization schedule with 10% interest rate it's materially different (economically) than a commercial lender using a 25 year amortization tables and a 5% interest rate.
24 March 2018 | 1 reply
Are there any flippers or landlords in the Salt Lake county in need of trash out, move in, move out , lawn care?
31 May 2018 | 8 replies
Then someone should be able to recommend right person for the job.
18 March 2018 | 20 replies
Stick w B class neighborhoods or even C+ class and once you have experience then you might consider low end homes.Don’t ignore your dads opinion, yes he can do a better job on his delivery but nobody is perfect..I would start conversation Dad I want to invest in Real Estate, how do you recommend I should start ?
15 March 2018 | 6 replies
They provided other supplemental income documentation, but since the income is from a side job, the total differs from month to month.
15 March 2018 | 3 replies
At the same time, it can be very difficult to determine if they're doing a good job for you are not.
21 March 2018 | 36 replies
They are all in stable neighborhoods composed of primary owner/occupiers in markets with strong 30 year population + job growth forecasts.Sources of risk come from a variety of sources, starting with (1) the market, (2) the property and location, (3) price you pay, (4) management strategy, (5) rental rate you set, (6) rehab budget, (7) service provided to your tenants and how strict you are with them, (8) your ability to attract and retain high quality brokers, leasing agents, inspectors, handyman/contractors/agents, etc, etc., (9) level of investment experience you have, (10) familiarity of the market, etc.As an investor, one of my primary responsibilities is risk management... my ability to fully understand all of the risks that I am taking and put processes/structures in place to minimize or control these risks.And if you are a successful risk manager, i have found that in REI you are able to mitigate the downside and generate returns that ARE NOT commensurate with the risks you are taking and do so by providing a triple win to your investors, your tenants, and yourself!
15 March 2018 | 5 replies
When I was younger, I had promotions and job re-location, and that's a sore point for me if the landlord grabs my raise for having to move to a better job.
19 March 2018 | 3 replies
Mickey just completed roofing, siding, windows, soffit and fascia on a property for me and did an excellent job at a great price.
16 March 2018 | 5 replies
We pre-purchased a new construction home in October 2017, and it's scheduled to be completed by April 2018.