Jason Edwards
First Flip Insights: 1272 Lakins Rd, Etna
20 January 2025 | 1 reply
I discovered this property through an acquaintance when it was nearing the end of pre-foreclosure.
Nate McCarthy
How to approach landlord about buying their rental?
13 January 2025 | 12 replies
Your goal is to plant the idea in their mind and create a situation where selling to you feels like the easiest and most logical solution for them.If you haven’t already, the first step is to get pre-approved for a mortgage so you know what you could afford if you were to purchase the property conventionally.
Alex Tang
Opting for Actual Cash Value vs Replacement Cost if Home Damaged by a Fire
12 January 2025 | 3 replies
That applies to replacement cost only and only if more $ is needed to restore the home to a pre-loss condition than what is available under coverage A.
Sebastian Nadal
Looking to House Hack in Chicago for the first time
8 January 2025 | 6 replies
I'm sure people would pay extra for some kind of "meal prep/private chef" type package in their living situation.You've got the right idea thought, but don't be afraid to reach...nothing wrong with dropping your price after a couple weeks if you don't get any interest.
Roger Flot
Updated Insurance for renovated property
21 January 2025 | 10 replies
The older the home the more difficult (and therefore expensive) it's likely to be to restore a home to pre-loss condition2.
Julio Gonzalez
Cost Segregation Study Approaches Explained
31 December 2024 | 0 replies
The Sampling Method is typically used for properties with nearly identical blueprints such as fast food chains or nursing facilities.EXPERIENCE OR “RULE OF THUMB” APPROACHThis approach is based upon the specialist’s experience in the industry and their ability to estimate the costs.
James Wise
Why do people Buy Property in California
22 January 2025 | 203 replies
All the opportunity, weather, food, and culture you can ask for.
Kristian Kotov
New Asset Class - The Roomshare Condo
14 January 2025 | 3 replies
The idea is to convert a multi-family building into condos; but not in the traditional sense where you separate pre-existing apartments into their own condos; but in a way where you combine the common areas of all of the apartments in that whole building, and turn the individual rooms within those apartments into condos themselves; thus transforming the hallways, kitchens, bathrooms, living rooms, dining rooms, porches, balconies into common areas of the condos.
Fareen E.
Refusing a Tenant Prospect Before Showing/Application
13 January 2025 | 31 replies
I've found this to be super helpful: When someone inquires about the property Thank them and Send them the pre-requirements (Income, credit, no evictions) and ask if they meet them.
Lorenzo L.
Buying my first property (NEED ADVICE)
15 January 2025 | 39 replies
A HYSA pays 4.5-5%(before rates went down) pre-tax, 3% net tax if you're a high earner.