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Results (10,000+)
Christian Pichardo New Investor in TROUBLE - Carrying costs since April 2024
27 December 2024 | 34 replies
I have actually been thinkin about cutting losses honestly, I am not sure this is the best investment I could have made as my first but worried about how much of a loss I would have to take.It is meant for S8 for sure, I would have a stringent application process, and give the neighborhood a C from my research.I invested there because it was the first deal that basically fell on my lap where the mentor works with agents that Seller Finance deals, it was only $3k down and had thought the proximity to St.Louis would be attractive to tenants also.I effed up on waiting to post for rent until after all repairs and the COO for sure.  
Sam M. Agent commission and making an offer
30 January 2025 | 5 replies
You pay your agent at closing (think of it as an additional closing cost) Depending of the situation and of these options can be used by you and your agent to negotiate with the seller.
Enrique Toledo Seller financing financial questions
27 January 2025 | 7 replies
However, you have to be extremely careful financing 100% of the transaction as you still need reserves, closing costs, etc. and make sure it cash flows.You didn't mention if this would be a rental or owner occupied. 
Perry Lierman Should I form an LLC?
24 January 2025 | 6 replies
You would need to close with the loan in your name, then quitclaim it into your LLC. 
Amamihe Nnodum A year review of my second property purchase
24 January 2025 | 0 replies
Refinancing has more nuances than it seems, and so do closing costs.
Mike Hansen Tax assessment appeal
2 February 2025 | 3 replies
Recent sale of the assessed property is de facto value.Expert is needed for anything else.They can raise the value if you appeal.Comparable sales only count if they were closed before the lien date which is one year prior to the tax bill date.
Ashley Smallwood Keep or remove storage shed??
30 January 2025 | 2 replies
We are closing on a 2/1 condo tomorrow with a small fenced backyard and a metal storage shed.
Aaron Sommerville Purchasing my first rental property in 12 - 14 months, any advice?!
26 January 2025 | 4 replies
In addition to your down payment, plan for closing costs (around 2-5% of the purchase price) and set aside at least 3-6 months of expenses for repairs, maintenance, and vacancies.
Dustin Calgaro Cash-out or partner on my 4 unit property in Costa Rica
11 January 2025 | 19 replies
Shiloh, the poster above, seems to find investors and I don’t think he has to offer a discount (most people trying to partner on a property are probably finding properties that are selling for close to retail and then they seek partners with whom to purchase the property and therefore don’t even have a chance at offering a discount since they don’t already own the property as I do).
Ryan Johnston Should I sell or keep my long-term rental when it isn't cash flowing?? Please HELP
7 February 2025 | 22 replies
I'm having to offer this as a fully furnished house to be able to charge a premium on rent just to get close to the mortgage.