Chinku Chinku
Need Advice on refinance and long term plan (First Time Investor)
23 January 2025 | 8 replies
So eventually this negative cash flow property becomes cash flow positive and pays for itself including property taxes, hoa, mortgage etc.Trying to calculate how bad is my investment here or should i sell out if there is appreciation
Denise Evans
Tenant Estoppel Letters
27 January 2025 | 1 reply
If I represent buyers, I like to include my name and contact information along with a sentence that if anything changes after the signing but before the sale, the tenant is obligated to notify me in writing or it waives any of those changes.Buyers might have other tenant concerns that are specific to a property.
James E.
Real Estate professional logbook example
31 January 2025 | 238 replies
Just because some fellow investor includes it on her or his log, does not mean it flies - unless this investor was audited and won.
Alex Patton
Refinance DSCR Advice
31 January 2025 | 16 replies
Every broker (including me) has the ability to give a 0% origination fee WITHOUT increasing the rate.
Bob Avery
Understanding BP Lease Fields
9 January 2025 | 3 replies
Along with the dwelling unit described herein, the Premises include the following: (i) _____ Storage Locker; (ii) _____ Parking space(s) (Identified as _____ and containing _____ parking spaces (also see Section 9 below); (iii) _____ Garage (Identified as _____ and containing _____ parking spaces and _____ transmitters (also see Section 9 below).
Tyler Munroe
New MA ADU law can be a gamechanger!
21 January 2025 | 3 replies
Either that or gping with my other option of installing a bathroom on the second floor and including it with the garage as an office space.
Tiamo Wright
Why is Zillow so bad?
21 January 2025 | 5 replies
There is no one with experience in actual real estate high up in the company, which is the problem with most tech companies masquerading as real estate companies (including brokerages).Let me know if you want to know even more. :)
Isaiah Cortez
Exploring the Ft. Lauderdale STR Market
21 January 2025 | 4 replies
It can be used to monitor markets, filter results based on lots of different criteria & even includes annual revenue numbers that you can work backwards to see how certain markets/properties are performing.
Ryan Mcpherson
Rent out house and bleed for a while or sell it and hemorrhage once?
16 January 2025 | 23 replies
Include balloon payment after 5 years.
Melanie Baldridge
Did you know this about Gas Stations?
14 January 2025 | 2 replies
The tax advantages of buying/holding gas stations are pretty great.Many of the components of gas stations including pumps, tanks, external parking areas, and other equipment are classified as either 5 or 15 year property so you can bonus depreciate a lot of it (minus the land value) and get significant deductions in year 1.With the 2025 bonus depreciation rate at 40%, a $1 million gas station acquisition could still lead to $100K+ in year 1 deductions depending on the specifics of your deal.