
6 March 2025 | 2 replies
I have been tracking every expense thinking that part of the reason was for some sort of tax impact.

6 March 2025 | 6 replies
He was the only reason they were really able to rent in the first place because of his job and good credit.

24 February 2025 | 2 replies
It felt reasonably if not underpriced to begin with and felt like I would lose an opportunity if I didn’t put in an offer for full asking price, they ended up being multiple offers the 1st day on the MLS, so I felt good about that decision.

25 February 2025 | 7 replies
I cook my own food, can I bill myself for that and write off all my food costs?

10 February 2025 | 7 replies
Typlcally, a lender is going to lend 75% - 90% of the Cost of the project (property price plus rehab cost (scope of work)) or 70% - 75% of the ARV (As Repaired (as completed) Value).

19 February 2025 | 32 replies
Remove those and the Net S8 Rent will be market rent.Typically, the only way to get more than market rent is by buying in Class D areas and hoping a S8 tenant will live there instead of a Class C area.Keep in Mind: TENANTS QUALIFY FOR SECTION 8 FOR A REASON!

3 March 2025 | 5 replies
First, the only reason why you would offer more than a property is worth, is if you are focused on the property, and not the deal.

5 March 2025 | 11 replies
There are some good books that are low cost as well.

27 February 2025 | 5 replies
Here’s the breakdown:Financing & Investment Details: Total Project Cost: $750,000 Purchase Price: $450,000 Rehab Cost: $300,000 Total Investment Needed: $750,000 Private Money Loan: $550,000 (1-year term at 9% interest) My Cash Investment: $200,000 Interest for Private Money Loan: $49,500 Closing Costs for Private Money Loan: $0 Closing Costs for Refinance: $27,000Total Cash in the deal:$750,000 + $49,500 + $27000 = $826,500Exit & Refinancing: ARV: $900,000 After renovation, I refinance at a new loan of ~$675,000.

17 February 2025 | 6 replies
The reasons cited for the market not following suit this time are concerns that increasing GDP, especially in Q4 of 2024, and policy changes such as tariffs could lead to a resurgence of inflation and thus a change in the Fed’s projections, with there being 150bps of variance between certain Fed members projections (Source).