Eric Maxwell
1st time landlord
9 January 2025 | 1 reply
I updated the electrical, painted everything, and “cleaned the property up nicely” exterior and interior.
Dean Klein
True dimensional 2x8 insulation question
31 December 2024 | 4 replies
I think you are looking at the wrong places, insulating the floor wouldn't change much.
Account Closed
Buy This, Not That: 4 Best Materials to Fix Up Rental Property Bathrooms
24 December 2024 | 2 replies
Turning on the fan will also help eliminate bathroom odors and odors from harmful bathroom cleaning chemicals.Pro tip: Add cleaning the exhaust fan on your cleaning crew’s checklist during turnover.
Bart Tilly
Experience With Construction Agreements?
7 January 2025 | 3 replies
Take a look at Personal Property versus Real property coverage, plus clean up costs to make sure your covered.I would also look at covering your project from the Subcontractors.
Chris Seveney
What is the Best Way to Grow as a Private Lender
13 January 2025 | 15 replies
Huge counterparty risk, I am just working through a scenario where a correspondent HML in the midwest got defrauded from bad diligence and their funding partner is having to clean things up.
Basit Siddiqi
Investing in Spain: Good idea for non-residents(Americans)?
23 January 2025 | 31 replies
I lived in Madrid, Spain for about 8 months and I am curious if it is possible for non-residents to successfully have rental properties within the country.My concern is mostly from a tax standpoint and whether it makes sense.My research shows that Non-residents of Spain(but a resident of Europe) pay a flat rate of 19% on NET RENTAL INCOME.Non-residents of Spain(Not a resident of Europe, such as the USA) pay a flat rate of 24% on GROSS RENTAL INCOME.The difference of paying tax on Net and Gross is huge.Americans are not able to deduct expenses such as mortgage interest, taxes, insurance, cleaning, repairs, etcA pro that I can think about when it comes to invest in Spain is that overall costs are less - Mortgage rates are currently around 4% - 4.5% while it is around 6.5% - 7% in the US.Am I reading the tax law correctly?
Ricardo Polanco
Scranton Multifamily deal - Possibility of changing 2 units to 4 units.
1 January 2025 | 4 replies
Quote from @Ricardo Polanco: Good evening everyone, I am evaluating the possibility of buying a multifamily property in Scranton, at this moment it has 2 apartments that only need cosmetic repairs and it has a big 2nd floor unit that needs a full repair.
Chris Magistrado
Defining Crystal Clear Criteria (CCC) for Large Multifamily Investments
9 January 2025 | 0 replies
Property TypeUnderstand the different types of multifamily properties:High-Rise: 9+ floors with an elevator, often urban.Mid-Rise: Smaller than high-rise, usually with elevators.Garden-Style: Low-rise apartments in suburban or rural settings.Walk-Up: 4–6 stories without elevators.Manufactured Housing Communities: Mobile home parks where land is leased to homeowners.Special-Purpose Housing:Student Housing: Designed for college students.Senior Housing: Dedicated to older adults.Subsidized Housing: Affordable housing supported by rent and income restrictions.3.
Fed Finjap
Reflecting on my first year house hacking a 3-flat in Chicago
2 January 2025 | 11 replies
That led to uncovering significant water damage throughout the first-floor unit's bathroom, forcing an immediate renovation.
Alan Asriants
Why BRRRR is not an effective strategy today...
31 January 2025 | 44 replies
., paint, flooring, or perhaps a kitchen or bathroom remodel), buying it at a decent discount, and putting down at least 25%.