Felicia Walker
Private and Hard Money Lender Rehab Draw Requirements.
8 March 2024 | 13 replies
I typically opted for roughly 3 draws per deal, just to limit draw costs.Also, all of my lenders charged me interest on the full loan balance at closing, even though I hadn't drawn the whole loan (which annoyed me, but I get their perspective).So really, in my experience, I didn't find any to be "better or worse" they all seemed to have their own trade offs, i.e. more general accounting was easier for me, but higher draw cost.
Vernon Huffman
If you had $300k liquid how would you start RIGHT NOW?
8 March 2024 | 53 replies
so there's the trade-off.
Sebastian Giraldo
Investors: Thoughts on this Miami, FL 4-unit deal!? My goal is to BRRR in year 1-2.
6 March 2024 | 4 replies
After having multiple meetings with contractors of different trades.
Engelo Rumora
WTF is wrong with investors these days?
9 March 2024 | 261 replies
But if you can't turn a "browser" into a "customer", then maybe your sales skills need a little help.Having been in multiple careers already, I have learned that even people new to the trade can have interesting slants on an old idea.
Kyle Swengel
Bonus Depreciation and My CPA’s Advice
7 March 2024 | 22 replies
You also can take the loss if you have other passive income or if you (or your spouse, if married) work in a real property trade or business and you materially participate in the rental.
Bryan Keller
Should I Buy Right Now?
7 March 2024 | 30 replies
Timing the market is like day trading in stocks and runs counter to the benefits and security of real estate over other investments.It goes without saying that current prices and rates need to be factored in to your underwriting.
Anthony Theokary
I own a gutted house and I want to GC the rehab myself
7 March 2024 | 27 replies
There are interestingly more requirements for the MEP trade licenses.
Joshua VanName
Can anyone help with the cost basis of an owner built rental
5 March 2024 | 10 replies
This is a problem all of us with some trade skills can run into.You just have to deal with it, you're getting the huge savings of doing the work yourself.....you can't also get the write-off/basis.....You have to do the math and see if it's worth it.
Troy Smith
Investing in Akron/Canton area
5 March 2024 | 14 replies
Consider what client profile you would cater to and then see what properties that would attract that client trade for.