
8 November 2024 | 1 reply
For transactions like this, the Real Estate Excise Tax (REET) in Washington typically depends on the property’s value and may be progressive.

11 November 2024 | 36 replies
I typically build in an inspection contingency into my offers (yes this reduces my competitiveness of my offers, but its also a safety net to protect my bottom line).

8 November 2024 | 2 replies
Typically flooring guys charge a flat install per square foot and then more for stairs.

7 November 2024 | 14 replies
(The exception to this is loans based off prime which would typically be home equity lines of credit as the Fed funds rate does affect prime) The Federal Reserve meets 8 times a year, while the bond market which actually dictates mortgage interest rates is traded every second of every day of the year.

7 November 2024 | 7 replies
Expenses that exclusively relate to the rental unit are 100% deductible, shared property expenses (like mortgage interest, insurance, and common area repairs) are typically 50% deductible, and personal residence expenses aren’t deductible.

4 November 2024 | 17 replies
You can't go by a checklist and say " Tall grass?

8 November 2024 | 9 replies
In return, we fire them over deals that we don't typically focus on like non-real estate commercial lending.

13 November 2024 | 66 replies
People will tell you the selling price is set but it’s negotiable just like a standard listing. 2% is the max they will typically do on concessions.

7 November 2024 | 3 replies
Due to personal faith based reason, I prefer to only invest in all cash deals that don't involve traditional financing (so typical passive RE options like syndications, RE funds with fixed returns, REITs etc are not a viable option for me).

7 November 2024 | 27 replies
@Connor Thomas see our cut & paste knowledge below:------------------------------------------------------------------------------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 Class A property in Class D area, what quality of tenant will you get?