Heather Bailey
Insuring your House Hack
13 January 2025 | 6 replies
STR is another concern, many towns have laws against it but most towns do not enforce these laws, just make sure you are aware of them becuase they can be enforced.
Noy Rivlin
First-Time Investor Looking for Advice and Connections in Pittsburgh!
31 January 2025 | 13 replies
We have zip codes that have lower and and higher end areas within the same zip so not a good marker to use.Going along with that a lot of the neighborhoods are very street by street or change pretty quickly by block, so you have to be aware of that.
Ariel Betancourt
New Student of Real Estate Investment
24 January 2025 | 7 replies
Anything I should be aware of?
Joshua Houchins
Accounting Software?
9 January 2025 | 16 replies
When we moved our companies to a new accounting software we looked at Quickbooks, but found its international awareness (tax rules, multi-currency, locale support, etc), project/job, and multi-company abilities to be clunky.To be fair, none of the candidates hit everything on our wishlist.We ended-up selecting MoneyWorks by Cognito and have been satisfied with it over the past three years.
Richard Volkov
Could This Be a New Way to Invest in Real Estate Without Buying the Whole Property?
19 January 2025 | 47 replies
I’m just saying get your lawyers lined up and signed off first.
Doug Kirk
Liens on a property and determining position
3 January 2025 | 8 replies
After that, the lender may use a private auctioneer to auction off the property and try to recoup as much money as possible.
Brandon Toron
How to get the most cash out of my property?
13 January 2025 | 13 replies
Very few lenders will cashout over 75% LTV on investments, and Im not aware of any who will go over 80%.
Rachel Weiss
how to become a hard money lender broker
7 January 2025 | 8 replies
typically no special license is needed when doing it for hard money loans that I am aware of. there may be states like california and nevada that are tricky where lenders need a license of some sort but for most part brokers i have seen are not licensed. 14 or 15 states require state license and NMLS registration.
Steve Englehart
Cashing out IRA to buy rental properties.
29 January 2025 | 47 replies
Here are some rules: https://www.nerdwallet.com/article/investing/roth-ira-withdrawal-rules#:~:text=Contributions%20can%20be%20withdrawn%20from,made%20without%20taxes%20or%20penalties.I agree that you shouldn't let the tax implications be the main driver of your decisions, but you do want to be aware of the potential tax implications because Uncle Sam will want his money.
Samuel Gebretnsae
Seller said "He is not required to disclose water damage repair done"
8 January 2025 | 27 replies
Here they all start with "Are you aware of any XYC.." and none of them are asking about previous repairs or issues.I understand that you are concerned, but honestly, if the water damage was resolved, the soaked parts replaced, why would it matter any longer?