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5 February 2025 | 5 replies
Since then, I’ve had a nightmare of items pop up Mortgage payment: 1,495 to 1,950 (home was valued at 100,000 on the county auditor to then moved to 210,000, the price I bought it)Loan: I have a 320 dollar loan payment that finishes up by next year for a tub and shower replacementWater: When I first bought the property, the bill was 250-300.
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24 December 2024 | 2 replies
I’m an out-of-state investor working on building my online presence, and I’m currently running into an issue with setting up my Google My Business (GMB) account.
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4 February 2025 | 2 replies
I have the private money lined up for the 25% down payment.
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6 February 2025 | 10 replies
Meaning, if you take the money only, you would have depreciation recapture from your cost basis up to the original purchase price of the building (not including the land cost because it wasn't depreciable), plus a capital gain up to the insurance proceeds.Hope this makes sense.
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3 February 2025 | 25 replies
I used a hard money loan to purchase this off market deal.I rehabbed the upper two units within two and a half weeks and have a renter already lined up for one unit.
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3 February 2025 | 26 replies
Often times if you lower the rate, the fees go up and vice versa.
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7 February 2025 | 7 replies
As far as SingleKey actually paying out on claims for tenant non-payment up to 12 months, property damages up to $10k reimbursed, covering 30 days of vacant property losses and helping out with tenant evictions up to $2k (as advertised), curious if anyone on here can attest to SingleKey actually paying out on these claims successfully.
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6 February 2025 | 7 replies
PLUS can you guess what they will be like when a real issue comes up?
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4 February 2025 | 6 replies
The repair was extensive and costly, requiring excavation (about 3x6 feet) to replace the broken section and clean up the mess.
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7 February 2025 | 0 replies
Here's How to Make Sure It's Set Up for SuccessToo many real estate investors focus only on acquisition and forget about financial clarity.