Max Nathan
Investing in a far away market
17 December 2024 | 12 replies
The Economic Development there is focused on building competitive regional talent, diversifying the regional economy, transforming Montgomery's image and building diverse community capacity.Major economic drivers to the area include Hyundai manufacturing, Maxwell & Gunter Air Force Base, major Amazon distribution, Alabama State Capitol, Alfa Insurance, Kinpak, H2 Pharma, Dollar General transport/logistics, Dow Chemical, and Conner Industries to name a few.
Victor Correa
Subject to mobile home with bank lien
23 December 2024 | 8 replies
I would think that participating in a sub to deal as a principle poses an even higher risk.
Nick Gallon Martin
Confused about deductibility of interest on tax return
19 January 2025 | 2 replies
I know that interest on the acquisition loan can be included in the cost basis since it’s inventory.
Venka Pulla
How to deal with Bad property manager
11 January 2025 | 7 replies
The notice should include the date of termination and the reason for ending the agreement.
Leon G.
Getting out of the rental business after 10 years
10 January 2025 | 67 replies
Multifamily doesn't need any more pressure/demand since cap rates can really get low when too many people pile in, but I have to say that commercial real estate (including large MF) and other types of passive investing (mobile home parks, storage, etc.) can really make like much easier.
Alesa Hickson
Bad contracter Cyrus Gordon 11 Wildcat Branch Dr. Sicklerville NJ
17 January 2025 | 6 replies
Quote from @JD Martin: Quote from @Elizabeth NA: Good evening Alesa, I am reaching out because I would love to speak with you about your experience as I have found myself in a VERY similar situation with Cyrus Gordon and have found he has been sued over 5 times in New jersey including from me.
Gamal Harding
Columbus Lands Another Large Tech Firm! 4000 Plus Jobs Coming
18 January 2025 | 7 replies
As real estate investors and property owners, understanding the broader implications of this development will be key to navigating the opportunities it presents.Anduril Industries and Its Expansion PlansAnduril Industries specializes in advanced defense technology, including artificial intelligence, robotics, and autonomous systems.
Carlos Silva
Velocity Banking for paying off mortgages
13 January 2025 | 19 replies
I will give you my numbers since we are 3 years into Velocity Banking.Home was purchased at $410k.Interest rate: 3.125%30 year termMortgage payment is around $1950 (includes insurance and property tax)HELOC: 8.25% Variable rate - current rateCredit Limit: $97kLet's say I made $10k a month and our expenses were $6k each month including the mortgage.
Salil Surendran
Converting from homeowner to landlord insurance policy
30 December 2024 | 11 replies
These specific questions should be posed to the agent that sold you the policy.
Unal Baris Kancoglu
HVAC is red-tagged. Need to replace it as quickly as possible.
15 January 2025 | 11 replies
We typically pay somewhere in the range of $3500 for a new, basic furnance, including install, if there are no other modifications to the system required.