Kolby Knickerbocker
should I sell a property to pull out $500K and invest it elsewhere?
15 January 2025 | 18 replies
So you are talking about a loan of $200K.
Mike Conner
Investor wants to trade properties - seeking advice
12 January 2025 | 2 replies
My duplex - built 1989, 2,060 sf, 2 bed/bath, 1 year old roof, value if I subdivide (county already approved) and sell each separately $150k each ($300k total)Investor duplex - built 1995, 2,300 sf, 2 bed/bath, 5 year old roof, value around $310kThe investors initial request was for an equal trade and they would pay realtor fees, which I replied wouldn't be equal due to buying/selling costs (recording fees, title insurance, closing fee, survey, inspections, loan fees, 1031 fees, accountant fees, repairs), taxes would increase due to new sale price, I'd trade a 3.75% mortgage for a higher one, and I'm on the 10th year of a 30 year loan so resetting that to a new loan would restart amortization and pay more towards interest.
Sharron Ferrell
HouseCashin/Real Estate Bees
12 January 2025 | 1 reply
Hello all, Has anyone either used or heard about a company called HouseCashin or Real Estate Bees?
Heather Bailey
Insuring your House Hack
13 January 2025 | 6 replies
To the insurance company they will view an STR differently than a LTR.
Venka Pulla
How to deal with Bad property manager
11 January 2025 | 7 replies
Be sure to follow all formalities, such as sending via certified mail if required.Transfer Rent Payments: Notify tenants in writing that rent payments should be made to the new property management company moving forward.
Unal Baris Kancoglu
HVAC is red-tagged. Need to replace it as quickly as possible.
15 January 2025 | 11 replies
Quote from @Unal Baris Kancoglu: I contacted as many companies as possible to get a quote to compare prices for new gas furnaces.
Andreas Mathews
How Can I Gain Property Management Experience
10 January 2025 | 4 replies
When you start, the company may give you a small existing portfolio, but then you'll have to maintain & grow it to make a decent living.You could also work as a leasing agent at an apartment complex.
Brock Bernall
Private Money Contract
21 December 2024 | 3 replies
As mentioned have an attorney or title company draft the note and mortgage.
Darnell Holland
Tear down rebuild numbers
12 January 2025 | 4 replies
Give me a shout if you have questions, but here's the short of it.Best financing is going to be from a bank or a conventional construction loan.
Manuel Angeles
Eric Spofford Section 8 Course
7 January 2025 | 27 replies
Look, I have no idea who Eric is, what type of person he is but I will say after a quick search I saw that he did in fact sell his company for MAJOR $$$ and that he is active in Section 8, no idea if his course is good or garbage but still felt the urge to respond because I am so tired of hearing SCAMMER, find it online to EVERY SINGLE post asking about any course.I don’t think anyone used the word “scammer.”