Blaise Bevilacqua
First deal (thoughts?)
27 January 2025 | 3 replies
-Management is low - you'll need at least 10% plus leasing costs - typically a month's rent for each lease-up, and sometimes a renewal fee as well-Insurance seems low-Are taxes accurate?
Michael Challenger
First Time Home Flipper Looking to Connect w Lenders
10 January 2025 | 12 replies
These loans are short-term as you mentioned, typically 12 months, so you'll need to refinance before that balloon comes due.
Aaron Ram
Seller Financed Deal - What am I missing?
30 January 2025 | 6 replies
All others are month to month or expiring this year.I used a spreadsheet I typically use to analyze a financed deal.
Gene D Stephens
Looking for Advice on Investment/DSCR loans
29 January 2025 | 11 replies
These are typically interest only and require a payment of 1-4 points up front depending on your area and the PML.
J Lee
Philadelphia Sheriff Sales (Mortgage Foreclosures)
28 January 2025 | 7 replies
You need to wait until you receive the deed before rehabbing the property.
Jemini Leckie
Out of State Cash Flow
29 January 2025 | 11 replies
@Jemini LeckieRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Nasi K.
AG Rollback form 50-789
27 January 2025 | 0 replies
Hi,We recently (Aug 2024) bought commercial land of around 2 acres. this was part of bigger commercial lot (around 25 acres) which had AG exemption and so the taxes that they paid was around $20 each year. we received a 'AG ROLLBACK' letter from the appraisal district that starting 2025 tax year, we will be taxed at it market value resulting in additional taxes, interest and possible penalities for 3 prior years.
Julio Gonzalez
Cost Segregation FAQ
31 December 2024 | 3 replies
The cost of a cost segregation study varies but typically ranges between $1,000-$15,000.
Kendall Brutus
I'm back and let's chat.
22 January 2025 | 4 replies
I love the dedication of not giving up and eventually received a second chance. truly remarkable.
Michael Beirne
Section 8 BRRRR in Baltimore
22 January 2025 | 15 replies
@Jay Fayz for SFR (1-4 family) Classifications are mostly opinion-based.Not aware of anyone tracking eviction rates, except Evictions Lab nonprofit that doesn't like landlords.Here's some info that might helpt:---------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?