Alan Asriants
What styles should I use in my renovations? PLEASE STOP USING GRAY!
2 August 2024 | 27 replies
Use flat for the walls, semi gloss, white for trim and doors, and flat white for the ceiling.
Peter Castrianni
Problem with exterior wood stain being used inside
1 August 2024 | 3 replies
The stain he used was Flood semi transparent.
Engelo Rumora
ATTENTION PROPERTY MANAGERS ‼️ I Need Your Help
1 August 2024 | 71 replies
And if have just 2 sites, ok, hire a PT PM, someone semi-retired from the biz, I've always found them of best fit. 2 PT caretakers at each site.
Nick L.
My failure at the Milwaukee County Sheriff's Sale
31 July 2024 | 27 replies
I later heard but never exactly why, that the place was an absolute money pit and the buyer, who was very experienced, regretted buying it big time.It is interesting, but I ALWAYS do at least a bit of research on the prior owners and have found few "hard luck" stories, at least as far as either higher or high priced single fams go, they're by far the same story where the owner makes the financial decision to walk away, mainly due to the insane HELOC's etc they were giving out, like 125% of home's current value back in like 2006, so now they'll owe literally like $750k on a home that IF in great shape would at best fetch $500k, PLUS they trashed or semi-trashed the place, so they'd be really lucky to get $400k as is and often they may be business owners or whatever and have a relationship with a local bank who will then know "the whole story" behind the big hit they take to their credit score and not treat it nearly as harshly as the average Joe, who's practically banned from even entering the bank for years!
Greg Rosen
Advice on house hacking 1-4 units with FHA loan in NYC/NJ
24 July 2024 | 7 replies
(and I have full time job so time is limited)Here’s a breakdown of my investment plan–I would greatly appreciate any guidance and recommendations on making this (or some version of this) happen.PropertyLocationAttributesB-level areas (A-D scale)Safe enough for my girlfriend to feel generally safe walking alone in the eveningWalkable neighborhood / close to transit (car ownership not necessary to live there)Area(s) of interest (not set in stone)Jersey City areaConditionB or C-level (A-D scale)Semi-distressed with potential for minor rehab upgrades ($35k max)DealbreakersFoundational issues / big required rehab due to FHA 203(k) max for streamlined versionSize2-4 units (higher the better)2-4br per unit preferredMax Budget (FHA loan limits)NYCSingle-Family Home: Up to $1,089,300 + 3.5%Duplex: Up to $1,394,775 + 3.5%Triplex: Up to $1,685,850 + 3.5%Quadplex: Up to $2,095,200 + 3.5%Hudson County, NJSingle-Family Home: Up to $1,149,825 + 3.5%Duplex: Up to $1,472,250 + 3.5%Triplex: Up to $1,779,525 + 3.5%Quadplex: Up to $2,211,600 + 3.5%TimelineTitle in-hand latest: Jan-Feb 2025Can potentially buy earlier if I sublet my current apartment in NYC as needed (lease expires Mar 1, 2023)Rehab: 30-45 days max of minor rehab/renoMove-in: on or before Mar 1, 2025 (hard deadline)FinancingLoan type: FHA or FHA Streamlined 203(k) for rehab <=$35kPossible conventional loan if I seek investment from family/friendsApproval statusGoal is to get pre-approved now in advance for credibilityMy statsEmployment: Full-time at large bankIncome: low-mid 6 figuresAssets: low-mid 6 figures (including 401(k))Credit score: 800DTI: 2.5% (student loan)Thank you in advance for your support.
Rhyna Orillaneda
CA, Nevada, or Arizona?
22 July 2024 | 24 replies
Tesla is in the middle of building the Semi truck manufacturing plant.
Mariam Jalalzada
Airbnb long term rental
21 July 2024 | 4 replies
It is a semi-attached row house that I live in.
Andres Mata
01/2024 - Thoughts on Syndications / Investment Clubs
26 July 2024 | 49 replies
It's semi black box investing.
Deepak C.
Realtor for tenant placement in San Diego
20 July 2024 | 5 replies
I am trying to find a reputable realtor / agent who will help me place tenants, but also be able to help with semi-annual / annual walkthroughs (for a fee of course).