Michael Hoover
Buyout Local Portfolio?
4 July 2024 | 1 reply
That means a column on a spreadsheet for each property (tax number) and a comprehensive list of items on the row side of the spreadsheet.I want to look at what my exit strategy is for each building.I want to know why he is offering seller financing and of course if it's a fair price, has title reports and is done through escrow.I don't need a real estate agent, but I would have inspections done to look for something I night miss.I want to know if buying the lot and selling off a portion makes sense.
Kyle Kipka
Expenses across multiple properties
3 July 2024 | 9 replies
For an investor that has several units, we typically create a additional column on Schedule E (assuming a personal tax return) called "General & Administrative".
Jenny Cunningham
To all the female investors!!!
9 July 2024 | 197 replies
If I'm on a job for some reason; and there's something that needs done that needs some muscle, you can bet I'm not opposed to asking a man for help.
Hunt Van Winkle
GC Spec house financing
3 July 2024 | 3 replies
I've found some lenders that will go up to 80% sometimes, but I think your best bet might be a government-backed loan if you want such a high LTV ratio.
Jon Gorman
Is it possible to refinance, buy additional property, AND still retain cashflow?
3 July 2024 | 3 replies
Your best bet would be to take a look at a combination of cash outs / or maybe just one in order to obtain your proceeds for the new purchase.
Cherilyn Williams
Tenant with Late Rent Payment Twice within 4 Months!
6 July 2024 | 24 replies
But I’ll bet you’ve developed a great “feel” for when to “work” with a tenant and when to get “tough”
Gerry Cohen
DO NOT INVEST with SCOTT CARSON (We Close Notes) or Inverse Asset
10 July 2024 | 256 replies
I bet that is a lot of it.. the guy appears to be somewhat of a bully from what I read between the lines.. and of course some of these folks on this site followed his advice and basically do the same model that he does .. so it probably is not great that the risks of that model are popping up for them to deal with..
Jack B.
Should I let my tenant pay for this AC repair?
2 July 2024 | 8 replies
I would however get into the habit of increasing rent every year, even if it is a small amount-it adds up and I'll bet your costs (insurance, taxes, etc) go up every year.
Leonard Rybak
Reverse House Hack into a future permanent residence.
2 July 2024 | 5 replies
If you buy now you are betting your criteria will be similar when you retire.
Nahon Torres
First time out of state investor - Cleveland or Columbus?
3 July 2024 | 54 replies
I really see Columbus Ohio as an extremely safe bet for the next 10-20 years.