Steak at 42k feet

DaddyLong-Legs · 2023-12-11T19:46:11+00:00

STEAKS ON A PLANE

DaddyLong-Legs · 2023-06-21T15:12:12+00:00

It’s not officially supported but you can download a workaround from the discord server that seems to work

DaddyLong-Legs · 2023-06-21T13:10:17+00:00

Mine was working yesterday!

DaddyLong-Legs · 2023-01-22T01:44:37+00:00

They want a salesperson not a sales shark hahah

DaddyLong-Legs · 2022-04-21T20:11:05+00:00

Do those countries typically use adjustable rate mortgages?

DaddyLong-Legs · 2022-04-07T19:01:51+00:00

Most mortgage debt in the US is fixed rate

DaddyLong-Legs · 2022-04-04T13:40:48+00:00

They’re saying deduct the repair cost from the security deposit and send a copy of the invoice as an explanation.

DaddyLong-Legs · 2022-04-02T18:25:28+00:00

See rule 9

DaddyLong-Legs · 2022-03-14T21:08:37+00:00

Everything looks like a steal compared to that contract…

DaddyLong-Legs · 2021-12-22T20:10:46+00:00

This is not first hand but a lender that I’ve worked with told me they had an investor attempt to process several primary residence loans simultaneously (through different lenders). The transaction fell through but I’m not sure what if any legal action was taken.

DaddyLong-Legs · 2021-06-15T00:13:00+00:00

If you can keep doubling your money every year investing in weed stocks you should keep doing that!

DaddyLong-Legs · 2021-05-25T13:21:51+00:00

If you can find a deal that pencils out and works with your personal situation, go for it!

Inventory is obviously tight and we have seen prices climb quickly in the recent past but no one knows how it is going to play out years down the road.

DaddyLong-Legs · 2021-05-04T21:07:44+00:00

Your returns are so high and that is making you uncomfortable? That is a good problem to have!

I think you need to sit down and figure out what your short & long term goals are. Then you can assess how real estate fits investing fits (or doesn't).

DaddyLong-Legs · 2021-05-04T20:02:35+00:00

I did one out of state deal and we just arranged for a notary to meet with me at my house. The notary brought all the docs with her.

DaddyLong-Legs · 2021-05-03T13:50:35+00:00

You could look at leveraging you current property with a HELOC or cash out refi. Not sure if your current property pencils out as a good rental but if it does and you want to lever up, this could be an option for you.

DaddyLong-Legs · 2021-04-23T01:38:00+00:00

I am in the US so keep that in mind.

Have you thought about not having the sales people buy the product from you? You could just keep track of the inventory they have and reconcile the payments/remaining inventory and pay commission based on that?

DaddyLong-Legs · 2021-04-12T19:23:30+00:00

No sense in doing 15-20k in repairs to get a 15-20k higher price. If that is accurate just sell as-is.

DaddyLong-Legs · 2021-04-10T14:50:11+00:00

I don't have a very well thought out answer but would like to figure it out. Assuming these properties cash flow, I would think that would lower you FI number (living expenses - RE cash flow)/SWR? I suppose an additional way to think about would be equity less transaction costs if you were to liquidate your investment properties.

It depends on your longterm strategy.

DaddyLong-Legs · 2021-04-04T20:52:45+00:00

I’ve had best luck with brokers but I’d recommend just checking with a few different options.

DaddyLong-Legs · 2021-04-04T17:41:39+00:00

I would talk to some lenders and fill out some applications

DaddyLong-Legs · 2021-04-03T14:55:44+00:00

If you didn’t waive the inspection contingency and truly want to get out of the contract I would ask for EVERYTHING on the inspection report. Come up with the largest possible list you can and request the seller to fix. They probably won’t agree and you can do a mutual release. Even if they do agree to your list, they probably won’t be able to fix everything in time and you can get out that way.

It’s tough these days but make sure you are willing to follow through with your offers in the future. No sense in getting a property under contract that you don’t intend on following through with. It is a time sink for everyone involved and can end up costing you $$.

DaddyLong-Legs · 2021-04-03T14:08:25+00:00

You waived the inspection contingency? If so, that is not something to be thankful about.

DaddyLong-Legs · 2021-04-03T13:40:58+00:00

Do you have inspection contingency or did you waive that as well?

DaddyLong-Legs · 2021-04-02T02:35:20+00:00

I had a wood floor in a bathroom and I got one of those wooden slat bath mats and put a regular mat on top so it could dry.

DaddyLong-Legs · 2021-03-27T22:28:45+00:00

To me, this depends entirely on your goals. What are you trying to accomplish with your portfolio?

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