Jonathan Warner
No finacing contingencies allowed?
13 December 2024 | 12 replies
The seller wants what he wants OR the property won't qualify for financing because of repairs.
Katie Miller
If you use a CPA or Tax Professional, how did you find him or her?
19 January 2025 | 118 replies
I'm a travel nurse that bought a cash property in 2022, spent most of '23 doing Reno and repairs.
Tyler Kesling
Funding Your First Deal
7 January 2025 | 16 replies
But what you will find is that most repairs are pretty easy - and if we don't want to mess with it we will call someone ourselves... but someone we know is going to shoot us a fair deal.
Benoy Varghese
Taking over property with Tenants
6 December 2024 | 2 replies
(My contractor often just answers these calls and makes the necessary repairs without me ever knowing).
Desiree Doubrox
Coworking/coliving property, beachside in San Jose Del Cabo, Mexico.
11 December 2024 | 1 reply
$1,200,000 purchase price and the balance for closing costs, repairs and reserves.There are ways to obtain financing in Mexico, but most sellers are expecting cash deals.
Isadore Nelson
Looking for Advice on Buying an Occupied Foreclosure in Brooklyn, NY
9 December 2024 | 15 replies
Aside from the risk of taking on the property with tenants, you may also have to purchase site unseen which makes it tough to calculate repair costs.
Blake R.
Thinking of Starting in Multi Family instead of Land. Need Recommendations
18 December 2024 | 13 replies
I know what the rents should be for each of the units (2 vacant and 1 significantly under market), the taxes are listed on the MLS, I’m familiar with the water/sewer costs in close proximity to this building, and I know what percentage to use for my Vacancy, CapEx, and repairs and maintenance based on my knowledge of the local market.
Amit B.
Leak from bathroom upstairs, tenant denies overflowing tub
10 December 2024 | 2 replies
The plumber’s report indicates that the leak may have been caused by an overflowing tub or sink upstairs, but the tenant in that bedroom denies any such incident.As a result, I now have substantial expenses for the plumber and restoration company, including drywall repairs, painting, texturing, and reinstalling electricals.
Alec Jacobs
What systems/processes do you use for managing your rental yourself?
8 December 2024 | 4 replies
Focus on building a network of contractors for repairs, set clear boundaries for house hacking, and take advantage of tax benefits.
Vicky H.
Silicon valley struggle is real 😂 Buy primary or continue to rent?
12 December 2024 | 9 replies
@Hsin-I Hsu Owning a $2.5M house can be an expensive commitment, not just because of the upfront down payment but also due to the ongoing expenses for repairs, maintenance, and upgrades that inevitably come with homeownership.Renting at $5K a month, especially for a 4-bedroom house in the Bay Area, seems like a solid deal.