Kathy Diamond
Looking for counties that meet the 1% rule
1 December 2024 | 32 replies
Just so I understand your point, are you saying expenses/labor rates, insurance, etc are higher in less favorable neighborhoods, rather than the upscale neighborhoods?
Michael McLoughlin
PPR Note Fund
5 December 2024 | 87 replies
And you're right, with our low default rate and the lower price point on 2nds, buying them back is certainly an expense but not a major one.
Truong Vu
Concernedly time purchase a home
23 November 2024 | 7 replies
Homeownership comes with unexpected expenses, so having at least 3-6 months’ worth of living expenses saved up is generally recommended.
Lewis Kerwin
Does this SFH warrant full interior repainting? And if so, is $3000 reasonable?
26 November 2024 | 9 replies
Paint has become quite expensive and costs can certainly run that high.
Taylor Robertson
Found off market deal with working with realtor. How to proceed?
25 November 2024 | 4 replies
The bank would still want to know about the commission to include it as an expense on the final closing disclosure.All the best!
David Ounanian
What are common landlord expenses, and who covers them?
16 November 2024 | 3 replies
When managing a rental property, here are some common maintenance expenses to be aware of.
Sam Desmond
Secondary home with small garage/room rental better than investment property strategy
24 November 2024 | 1 reply
Renting the garage brings income and partial tax deductions for expenses but adds complexity.
Sheena Varghese
Flip taking longer than a year and tax implications
22 November 2024 | 12 replies
Renovation costs are capitalized and added to the property’s basis, reducing taxable profit (sale price minus adjusted basis and selling expenses).
Alan Hale
Modeling question - Are my numbers off?
22 November 2024 | 8 replies
(All from the DFW area)Attached is an expense chart for a house purchased at $250k with a $360k ARV, refinanced with a 6.65%, 20yr fixed rate.
Jennifer Hung
Has anyone done recent business w/ Morris Invest or SDIRA Wealth?
3 December 2024 | 51 replies
If anyone has any advice or tips that would be great, I'm new to real estate investing and live in an expensive area, and wanted to invest out of state.