Matthew Morris
Dad's NC House is Slowly Rotting - Likely Need to sell As-Is!
7 January 2025 | 6 replies
Based on rough assessment, the following is needed just to get it listed:NeedsLowMidHighRoof$7,747.00$12,580.00$26,037.00Siding$20,000.00$25,000.00$30,000.00Windows$9,000.00$12,000.00$18,000.00New Deck$8,000.00$10,000.00$12,000.00Roof Leak Repair$2,000.00$3,500.00$5,000.00Mold Mitigation$1,000.00$2,500.00$3,500.00AC Units$13,000.00$15,000.00$18,000.00Carpet Replacement$2,500.00$3,500.00$5,000.00Kitchen Remodel$5,000.00$10,000.00$20,000.00Total$68,247.00$94,080.00$137,537.00Due to lack of capital to fund these repairs, I believe the best option is to find an investor looking to flip.
Susan M.
Problems w/ Allegiancy DST's? Alorica DST in Texas. RE Gain Fund LLC REIT 721.
9 January 2025 | 11 replies
It’s generally better to pay taxes, especially if it’s preferential LTCG treatment and make a sound investment with cash that remains than defer and make poor investment decisions.
Jay Fayz
House hacking as a student
28 January 2025 | 8 replies
Sounds like you would need to take advantage of a 'kiddie condo' loan as a primary residence.
John Friendas
Maximum # of DSCR Loans Lenders Will Give?
22 January 2025 | 12 replies
It sounds like you are investigating the DSCR route due to lack of investment funds.
Omar Santander
New Investor (local and long-distance)
25 January 2025 | 10 replies
It sounds like you’ve got a solid strategy and a clear focus on building your portfolio with multiunit properties, house hacking, and BRRRR.
Josh H.
Buying Home from Auctions?
13 January 2025 | 8 replies
It sounds intriguing and like it could be a another good source from homes since the MLS has been pretty dry lately/hard to make houses pencil out for flips.Is buying from auctions a good idea?
Tyler Walley
Getting Started in Short Term Rentals
1 February 2025 | 11 replies
I have absolutely nothing to sell.That sounds scary!
Damon Diddit
Inheriting a problem tenant after closing
31 January 2025 | 7 replies
Ask an attorney for the cost breakdown, factor in holding costs, assume they'll do more damage on the way out and then ask for a bit more for the headache.But again, especially with no experience with evictions and it sounding like a mess, I would be very tempted to just walk if the tenant is not going to cooperate.
Jack Larkin
Lee Arnold's Capital Syndicate
21 January 2025 | 74 replies
I don't want this to sound rude, but I don't know how else to say it.
William Stewart
Liability Insurance for room rental
30 December 2024 | 11 replies
What @Mohit Gupta says here sounds good to me