Matthew Samson
Borderline (expensive) foundation problem
9 December 2024 | 8 replies
That ours is 3/4 inch out suggested settling since the warranty passed and/or a serious enough issue to remedy. - Drainage patterns and erosion around the foundation were consistent with the settling we saw, suggesting the slab foundation had been continuously undermined throughout the 23-year life of the house. - We plan on holding the property as a long-term rental, and the amortized cost of the repairs is marginal.
Gregory Schwartz
Could Redfin be correct predicting 7% interest rates in 2025?
22 December 2024 | 24 replies
I am noticing for the others I am trying to acquire I am the only bidder.
Suganya Vinayakam
How much new ADU build increase value of the home in california
25 December 2024 | 60 replies
I was also able to acquire $750k of real estate using leverage (now worth $1M).Another great point is that this happened in 2020/2021.
Jordan Alexander
Subject To or to not Subject To?
8 December 2024 | 8 replies
Quote from @Jamie Banks: @Jordan Alexander I'm taking a creative financing course now and I'm learning that a lot of investors pay the mortgage that they acquired after the sub2 deal closed from a servicing account.
Michael Perry
Freddie Mac Homes Questions
11 December 2024 | 4 replies
The good news is that these properties can indeed be purchased for various investment strategies, including rentals, BRRRR (Buy, Rehab, Rent, Refinance Repeat), or fix-and-flip projects.Purchasing as a Rental or for BRRRR:You can acquire a Freddie Mac home to hold as a rental property or implement the BRRRR strategy.
Melanie Baldridge
A quick mini guide on Bonus Depreciation
10 December 2024 | 1 reply
Acquire enough RE that it takes you or your spouse more than 750 hours a year and 1/2 of your time to manage.When you are a material participating RE pro all of your and your spouses’ RE activity becomes active, allowing you to offset RE losses against other active income.One pitfall of a RE Pro spouse if you are full-time W-2.
Desiree Doubrox
Coworking/coliving property, beachside in San Jose Del Cabo, Mexico.
11 December 2024 | 1 reply
Anywhere in the world.Purchasing a property in Mexico was a long, yet valuable experience because of what you learn in the process.Now we are acquiring more in Mexico because of the value you can purchase for and the income that can be generated.
Chas Lumley
Umbrella Insurance policy.
9 December 2024 | 5 replies
Quote from @Chas Lumley: Hey all,I'm looking to make an offer on my first rental this week and was wanting to get different inputs on LLC vs Umbrella policies.I will be using a conventional loan and I was told by my loan officer that I can not buy the property under an LLC, but I could transfer to an LLC after acquiring.
Reeves Bennett
How to Scale Multiple BRRRR Deals in a Year
17 December 2024 | 14 replies
First - a 12 month hard money loan to acquire & rehab.
Bruce Lynn
BIG MISTAKE....in Tiburon-Marin County. Investor bought the HOA pool.
17 December 2024 | 13 replies
It was a big alternative church property you know mind benders. one parcel in the middle of their campus 20 acres. they acquired from an owner sub too the back taxs and they never paid 1/2 of one years tax's prior to coming into title..