Steven Barr
Buying Land from Courthouse Steps
1 January 2025 | 5 replies
I bought about 65 homes over that two year period.. did very well..
Gene D Stephens
Looking for Advice on Investment/DSCR loans
8 January 2025 | 10 replies
This is advantageous bc later you have a third party loan (not your personal money) so seasoning period is 90 days to DSCR out.
Rene Hosman
Have you ever moved your HSA to get better investment options?
15 January 2025 | 10 replies
Typically, you can only do one rollover per 12-month period (again, IRS Publication 969 has the details).In the end, having the option to invest your HSA funds is usually a better bet than letting them sit in a basic savings account.
Jonathan Small
Single-Family vs. Duplex: Which is the Right Investment for YOU?
16 January 2025 | 3 replies
We have made money buying properety based on cash flow (lower priced) rented out for a period, then selling to an owner occupant.
Noah Laker
Opening a Sober Living Facility
15 January 2025 | 4 replies
So here we are, halfway through escrow period, and I'm very excited to watch this project come to fruition.Anyone on this platform invest in SL?
Chris Hertig
Tenant Living in Garage/Shop!
14 January 2025 | 4 replies
The violation - depending on your state - will provide a 'cure period' before eviction proceedings would begin.
Robert Quiroz
Why are a lot of MFH being sold with rents under market
13 January 2025 | 30 replies
Let's assume that the neighborhood is a C class and the median income of the city is greater than 3X of the market rent.Here are some of the considerations I've come up with so far:- Units are in need of renovation and capex is too high or not available- Unit quality is not the same as market - Seller is worried about losing tenants due to increase- Vacancy rates are high or filling units have been difficult- Rent increase would take multiple increases over multiple lease periods to get to market rate if seller is trying to retain the same tenant- Seller inherited property and just want to liquidate- Seller needs to liquidate quickly (financial burden, sickness, quick exit from land-lording)It seems like I might be missing a warning sign about a deal if they are selling with current rents that are under market; but again, this seems to be most of the properties I've underwritten.And in the same vein, what should I be worried about when purchasing a deal with under market rent with the intention of raising them after purchase.
Peter Tverdov
Featured Agent Feedback from Agents?
13 January 2025 | 4 replies
These leads were very unresponsive and may pan out over a longer period of time but the time involved is just not worth the effort.
Gene D Stephens
Experience with Adverse Possession?
30 December 2024 | 7 replies
Oklahoma adverse possession law If the neighbor has notoriously occupied it for a period years, in your state 15 years, he has legal claim to it.