Anshuman Thakur
Nevada multi-family investing thoughts?
2 January 2025 | 4 replies
Insurance companies are taking a close look at building materials, quality, and updates.
Philip Ganz
How does a Deferred Sales Trust work?
2 January 2025 | 12 replies
So for her, the fees of 3% at closing and 1.5% per year is a steal vs paying $400,000.
Jeffrey Edwards
Excited To Be On The BRRRR Journey!
2 January 2025 | 1 reply
You might also meet title agents who have resources on, say, foreclosures or probates…and might recommend lenders who actually lend on more difficult projects (as the title companies also know which lenders can close and which are difficult).I also go visit open houses to see what sorts of finish to put on my renovations or to look for the next house or area in which to purchase.
Patrick G.
Calculation about cash on cash return
9 January 2025 | 5 replies
Your calculation’s close, but cash-on-cash return is usually about cash flow, not appreciation.
Jason Gray
exploring Private Money Vs Hard money on a new build for a piece of land near Yosemit
31 December 2024 | 4 replies
I've got a property under contractPurchase price $78K out the door (I have cash to close) Intent: build on the property which already has a functioning well, septic, and needs PGE installed Total buildout on the property utilities: $128K including the original land purchase price.
John ONeill
Confessions of a First-Time Flipper: What I Wish I Knew Before I Started!
13 January 2025 | 11 replies
we bought our primary resident property, and ended up finding the drainage system is broken after a year or so, and paid close to $30k to completely reroute some part of the whole system.
Michael Plaks
Crazy technicalities: how the IRS defines your age. Spoiler: it depends.
29 December 2024 | 1 reply
(i) has not attained the age of 19 as of the close of the calendar year in which the taxable year of the taxpayer begins, or(ii) is a student who has not attained the age of 24 as of the close of such calendar year.Here, in black and white, the law specifies that the determination is made as of December 31st and applies to the entire year.
Rachel H.
Unresponsive Tenants - Help!
4 January 2025 | 4 replies
My tenants, who have been in the property for close to three years, have become totally unresponsive.
John Friendas
$280,000 house that rents for $2,500 Worth Buying?
5 January 2025 | 7 replies
@John Friendas it's close to the 1% rule which is good, but I would still run the financials on it.
Lucas Miles
37-Unit - HUD Section8 HAP Multifamily
28 December 2024 | 3 replies
Purchase price: $814,000 37-Unit - HUD Section8 HAP MultifamilyOverall the project was situated decently well at closing, occupancy was mid ~85%, and overall the property was in very nice condition.