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All Forum Posts by: Dale Rast

Dale Rast has started 2 posts and replied 15 times.

Now I know I am not the only one. It has gotten worse the past three or four months. My phone has been ringing non-stop with Memphis,TN numbers.

Post: Looking to invest in Huntsville, AL

Dale RastPosted
  • Fairfax, VA
  • Posts 15
  • Votes 6
Hi @Gorden Lopes,
I am OOS investor and zeroed in on Huntsville lately. I'm interested in learning about your investing experience in the city and the team you are using. I'd appreciate any info you can share.

Thanks,

Originally posted by @Gorden Lopes:

Hi @Eryka Santoyo!

I am a fellow out of state investor and can definitely recommend my PM and my realtor! I have been using my PM for the past 8 months and I am happy with them as of now.

pm me if you have any question and I would be happy to help.

-Gorden

Originally posted by @Wei Jie Yang:

@Dale Rast Other than higher deductions for interest rates I don't believe PMI is deductible on investment properties.

Thank you.

The deal fell through but thank you for the referrals guys. I'll keep them for future deals.

I'm OOS investor looking for a recommendation for a good home inspector for a SFH purchase in the coming weeks. If you know or worked with a good home inspector, please let me know.


Thanks,

Dale

Originally posted by @Wei Jie Yang:

Hi @Damon Cluck! Sorry it took so long to get back to you. Been meaning to but I forgot. 

My first property with Memphis Invest I put down 20%. My next 4 I put down 15% + lump PMI. Saved me 10's of thousands and allows me to buy much more than I would normally be to. Only works for SFR though.

Hi @wei Jie Yang,

Is there a tax advantage to using lump PMI instead of a full 20% cash downpayment?


Thanks, 

I'll be out of town this time but would love to attend future similar events.

@Damaso Bautista you sir make perfect sense. Most of the replies already took a confrontational approach which can only get worse and more complicated .. it’s always easier to escalate than to start confrontational and try to de-escalate. An in person meeting wouldn’t harm and the petty requests can be addressed and get it over with .. if the attitude persists , just manage it until the lease is up.

Post: Free Property Analysis Worksheet

Dale RastPosted
  • Fairfax, VA
  • Posts 15
  • Votes 6
Originally posted by @James Dean-Howell:

Quick question. What's a good resource for learning to use excel? Both as a real estate investor and just in general?

 University of YouTube. Loads of tutorials for free.