Annie Balagot
Help with home sales strategy - What would you do? need advice
3 April 2024 | 8 replies
We have a $500k HELOC currently @ 9% we haven't used. we recently renovated and expanded this house so our basis is prob $1.5M so we're hitting the home exclusion cap.Potential to buy a new home in town (kids still need 4 more yrs before going to college) for $1.2M with some work needed and potential to expand a bit.Thinking we should sell home, take $500k tax free, put down 20% on new home so paying more in total mnthly payments but mainly in interest.
Chris Seveney
Is this Impressive - $658M Ponzi Scheme
3 April 2024 | 9 replies
the rest of the 44 pages just itemize the crimes, he made fraudulent documents/forgeries etc, to get 2000 investors to put in about 658 million over 4-5 yrs, WOW, i wonder how many other similar PONZIs have been running all around the country, particularly in the growthier multi-family syndications
Remington Childers
Renovation Advice for Heavy Use Items
2 April 2024 | 8 replies
Vinyl tub surrounds need changed with nearly every tenant turnover (granted my tenants average about 4 yrs in my SFRs).
Larry Cersosimo
What is a good cash flow
3 April 2024 | 36 replies
Many, many people on podcasts only have a few years of experience (not all, but like @Jaron Walling notes, you can save yourself a lot of time if you skip over the people on podcasts that have only been investing the last 5 yrs or less).
Hayden Kerns
Help Needed: Single Family Rental Properties v.s. Stock Market Returns
1 April 2024 | 60 replies
I'll find out what's true in about 50 yrs!
Christopher Holt
Commercial General Appraisers!!!
29 March 2024 | 4 replies
I’ve been studying REI for about 3 yrs, PMed a successful rehab, and am about to do a development deal with the help of a mentor I met recently, so I know at least a little about REI, but still pretty green. 24 yrs old My question is, should I start the 300 online school hours and gain knowledge that way, or keep taking notes and watching YouTube?
Nate Sanow
Average Net Cash Flow ? (Per door)
1 April 2024 | 98 replies
$ amount per month is very simple and is a way I like to simplify my investments.I brought my first two SFR cash and have been pocketing the full amount of rent for the last 2/3 yrs.
Carter McGill
Getting Started/General Advice
29 March 2024 | 12 replies
Plan on living there between 1-2 yrs while making improvements, and renting out other parts of the house if possible. 2 years for tax benefits, 1 year for lender obligation before you move on to another purchase.
Mike Gratzmiller
Buying Points Down
30 March 2024 | 24 replies
This is important because not everyone is planning to stay in their loan for 30 yrs.
Peter Aram
Renovate or Sell (Woodbridge, VA)
28 March 2024 | 4 replies
I'm 26 yrs old and living in my parents house (3 bed, 2 bath, ~1300sq ft) in a relatively low cost area for NOVA (Woodbridge VA).