Christopher Hu
First Rental Property listing questions
4 February 2025 | 6 replies
Let the cable company chase the tenant for payment of that service.Yes, require renters insurance.
Joshua D.
rei accelerator program
23 January 2025 | 20 replies
My cost they said i could do $2,000 up front and then next couple months more payments with cold calling they offer and fee would be $9,800 plus the cold callers Virtual assisant that would be working with me.
Kevin Apolinario
Chef, Software Engineer, Real Estate Investor
15 January 2025 | 3 replies
House hacking is an excellent strategy, especially with the potential to use an FHA loan to secure a property with a low down payment.
Luke H.
Would You Do This Deal? Lending Opportunity
29 December 2024 | 12 replies
Assume you have cash currently earning 4.6% in high yield savings.
David Williams
Capital gains question
1 February 2025 | 12 replies
Capital gains are calculated as:Sale Price - (Original Purchase Price + Capital Improvements + Selling Costs) - depreciation (if applicable) = Capital GainYour mortgage or HELOC balance does not affect this calculation—it only determines how much cash you take home after the sale.In Massachusetts, if the home was your primary residence for at least 2 out of the last 5 years, you may qualify for the Section 121 Exclusion, allowing you to exclude up to $250,000 (single) or $500,000 (married filing jointly) of the gain from federal capital gains tax.
Dave Kohl
Researching More Than The Numbers
31 January 2025 | 1 reply
Always smart to see the bigger picture and future cash flow potential!
Dylan Webb
Metal roof duplex & garage
31 January 2025 | 0 replies
Purchase price: $271,000 Cash invested: $30,000 Duplex with 1 bed, 1 bath in each unit + 3 car garage in a great neighborhood.
Greg Grisez
Tenant shot & in the hospital
11 January 2025 | 18 replies
I texted her the rent amount on Tuesday afternoon (per her request) & the various ways to pay it - she said she would "get with me on the payment".
Jeffrey Bourque
Fix and Flip Advice Needed
4 February 2025 | 3 replies
.$70k out of my pocket cash and sell the house when it is done for $360k to $400Kclosing cost $40k so 360 - 40 = 320 - 270 = 50K profit or 400k - 40k = 360k - 270k = 90k profitthe $360k is conservative for sale price chino hill ca.at least that was what i had bouncing in my head
Jose Saladin
First Investment Idea - Tell me all the holes
4 February 2025 | 1 reply
I can leverage my WLI cash value to purchase it outside the banking system.