Paul H.
Questions when working with a new/unfamiliar wholesaler
30 December 2024 | 7 replies
Check for cracks in the foundation, condition of the mechanicals, any water coming into the basement, etc.
Alan Asriants
Why BRRRR is not an effective strategy today...
29 January 2025 | 43 replies
I'm not how you are defining a BRRR that works, but if I have a unit with brand new roof, mechanicals, kitchens, bathrooms, etc... and leave 10,15 or 20% in the deal I still feel like I'm winning.
Nathan Frost
Update - Detroit Deal
18 December 2024 | 45 replies
How will you collect rent when the building's mechanicals are stolen again?
Julio Gonzalez
Cost Segregation FAQ
31 December 2024 | 3 replies
However, these properties generally have a lot of land improvements that qualify as well as certain portions of electrical, mechanical and plumbing that can qualify.
Joseph Kirk
Advice on entering the fix & flip industry
5 January 2025 | 17 replies
So the major issues in a house are a foundation issue or a structural issue, the next tier down would be a mechanical issue like Electrical, Plumbing, HVAC, then roof - which isn;t an issue a new roof is very common in a fix n flip, and then the outside facade: Brick repair, driveway repair, brick pointing.
Mindy Jensen
Contractors: If I Buy Materials, Do You Still Need a Downpayment?
31 December 2024 | 66 replies
A mechanics lein stops my sale if they actually do the work.
Dennis Bragg
Emerging Real Estate Investment options in 2025
30 December 2024 | 6 replies
The right idea is going to be the bread and butter.1) Ideal location2) Quality properties over quantity of properties3) 1.25x DSCR4) Intention to hold no less than 8, but ideally 12+ years.5) Sufficient cap reserves6) Mechanisms to enhance cash flow(via alt investing or house strategies).7) Liability protection through no PG loans(if possible), LLC formation, property management and being a diligent landlord.8) Invest deeper, before wider.Now if you're talking where to invest, different information.
Izraul Hidashi
If a Borrowers Promissory Note Funds a Loan Who Is The Creditor?
15 January 2025 | 34 replies
So on page 6, Modern Money Mechanics: Federal Reserve Bank of Chicago, it explains that banks don't "pay out" the funds for loans from money in other depositor's accounts.
Albert Johnson
Can I charge tenant for clog drain
16 December 2024 | 9 replies
We have a clause in our lease that plumbing clogs not caused by mechanical/material defects in the plumbing will be charged to the tenant, and if your lease doesn't have similar I would recommend such a clause.
Kyle Fitch
Why Real Estate Over Stock Market?
6 January 2025 | 57 replies
The stock market is a mechanism of transferring wealth from the ignorant too the informed, and that is it.