Anil Shah
Using Agent Commission towards down payment for my own Investment Property
24 January 2025 | 10 replies
Whether the seller was open to a buyer commission or not, I wouldn't put an additional cost into any personal purchase.
Dave Gabruk
Planning a Home Renovation? Think Beyond Design!
31 January 2025 | 2 replies
Coffered ceilings, low corner additions etc.Anyone can slap lipstick on a pig, looking for high value add in high demand markets is where the $ is.
Franklin Marquette
Renter's Insurance Liability Requirements
22 January 2025 | 5 replies
I also make sure to specify in the lease agreement that I need proof of coverage before move-in and that the policy should name me as an “additional interested party.”
David F.
Co-op appraisal valuation
24 January 2025 | 9 replies
Many lenders also impose additional requirements such as owner-occupancy, and/or that one lender make all of the institutional loans in the building.- Valuation: The variety of financing products available as individual tenant in common loans remains limited, and the terms are generally less favorable than either apartment building loans or condominium loans.
Linda M.
Security deposit increase for NYC lease renewal
17 January 2025 | 3 replies
Here's the deal: You don't need to withdraw and return the current security deposit just to collect the additional $100.
Cameron Marmon
Did I mess up when establishing this LLC for my wife and I?
4 February 2025 | 13 replies
Electing disregarded entity status avoids additional filings while achieving the same tax outcome.This post does not create a CPA-Client relationship.
Jerry Zigounakis
Homeowners Insurance Quotes
7 February 2025 | 7 replies
I currently have a homeowners plan with Allstate and plan on asking them if they have something like a short term rental rider plan that I can add in addition to my current plan.
Kevin Stearns
Seeking Advice on Lazy 1031 Exchange and Real Estate Development Strategies
6 February 2025 | 0 replies
Additional Considerations:Professional Development: My wife's workin on obtainin real estate professional status.Education: I'm considerin pursuing the Certified Commercial Investment Member (CCIM) designation to enhance my knowledge and network in commercial real estate.Request: Any thoughts on the CCIM designation or other groups that could support my growth?
David Atis
A Decade in Lending - Now Investing for Myself
6 February 2025 | 5 replies
I've seen some people house hack a single family home by renting out the rooms, but keep in mind that traditional lenders would not be able to use the income from renting out the rooms (known as boarder income) towards additional income on the application.
Hoa Nguyen
First Flip $60k profit but a lot of headache lol
5 February 2025 | 0 replies
The property was in a great market but needed full cosmetic rehab and a basement finish to add an additional bedroom which in return would bring up resale value.