Jack Pasmore
The Importance of Underwriting. Is Automation Effective?
31 January 2025 | 9 replies
While automation and calculators can certainly improve efficiency and reduce human error, they can’t replace the judgment gained through repetition and real-world experience.
Armani Pimentel
I'm a 16yo trying to learn wholesaling to start when I'm 18
27 January 2025 | 4 replies
This will cost you $3-$4K, depending on your state, and will allow you access to the MLS.
Fed Finjap
Reflecting on my first year house hacking a 3-flat in Chicago
2 January 2025 | 11 replies
The challenges in real estate teach you invaluable lessons that you might not gain otherwise.I also invest in Chicago, so I have a few thoughts in response to the questions you raised.
Karl Kauper
1031 Exchange Deadlines
24 January 2025 | 10 replies
If they need access to the property immediately, you can offer to leave to them until you are ready to close.
Sam Dal
Passive capital gains
16 December 2024 | 6 replies
Guys - I am a limited partner & invest in a multi-family building passively that was sold resulting in passive gains for 2024.
Deepak Malhotra
Fourplex in Georgetown, Texas, one of my worst deals
15 January 2025 | 8 replies
It sounds like you navigated the challenges well and gained valuable lessons for your next venture.
Brad Roche
FHA 203(k) vs. Fannie Mae Homestyle Renovation Loan
13 January 2025 | 5 replies
., solar panels)-Accessibility Modifications (e.g., ramps, widened doorways)-Luxury Items (e.g., pool)-LandscapingNot Acceptable Renovations:-Commercial Use (e.g., turning a residential property into a commercial property)-Temporary Structures-Non-Residential Buildings (e.g., barns, stables)FHA 203(k)Minimum Down Payment: 3.5%Minimum Credit Score: 620Minimum Loan Amount: $50,000Maximum Loan Amount: $524,225Occupancy Types: Primary Residence ONLYUnit Maximum: 4 UnitsAcceptable Renovations:-Structural Improvements/Reconstruction (e.g., adding rooms, bathrooms)-Cosmetic Enhancements-Eliminate Health and Safety Hazards-Energy Efficiency Improvements-Major Landscaping (e.g., grading, tree removal, adding walkways)Non-Acceptable Renovations:-Luxury Items-Commercial Use-Temporary Structures-Non-Residential BuildingsBoth of these renovation loans are similar in many ways, but the key differences are:1.
Beau Alesi
Looking to buy
25 January 2025 | 7 replies
As you get to this point your gaining more confidence in the options because you know option A and B had a certain outcome that wasn't option C, and this would give you more confidence you're doing the right thing for you.From there, I would be identifying properties to acquire if you don't already have some in mind and then my next sheet is creating the plan.
Kolby Knickerbocker
what questions do you ask/data do you analyze to select investment markets?
15 January 2025 | 5 replies
Accessibility and local knowledge above everything else.
Brandon Cusma
1031 Exchange HELP!
9 January 2025 | 3 replies
@Jason Wray Thank you very much for this response ..I’ve never sold one of my rentals before feels like I’m cutting off a leg and paying close to 100k for cap gains is really starting to eat at me 😵💫Any chance you would be so kind as to send me a link to something in the ballpark of what you’re suggesting this way I can get an idea of area and what this type of property could look like!