Celli Mowery
Who has interest in Kentucky?
10 January 2025 | 26 replies
Most out-of-state syndications or hedge funds wouldn’t typically consider the cities you mentioned.
Nicholas Dillon
Am I Correct About the Way I'm looking at the BRRRR as We Begin 2025
30 December 2024 | 2 replies
typically (as you probably know) you buy something distressed, with either cash or hard money, you fix it up, and then you refinance into long term debt.
Robert Ok
Best Real Estate Coaching Programs
14 January 2025 | 11 replies
You'll be hard pressed to find a coach that teaches Lacrosse, rugby, cricket, and shot put.Also, a coach is typically used to accelerate growth, not get you started.
Brett Jurgens
Best way to use built up equity?
22 December 2024 | 23 replies
@Brett Jurgens,With strong equity and a good tenant, you have a few options:Cash-Out Refinance: Offers lower, fixed rates for stable monthly payments and lets you keep the property while using equity to invest in another rental.HELOC: Provides flexible access to cash, though with typically higher, variable rates that can fluctuate over time.1031 Exchange: If you're open to selling, a 1031 exchange could defer taxes and allow you to trade up to a higher-value property or diversify into a different market.Each option has pros, so it really depends on whether you want to hold onto the current property or leverage its value for something new.
Alyssa Dinson
What has been your experience with out of state investing?
16 January 2025 | 78 replies
Companies typically last only ten years on average.
Dean Hendricks
First-Time FHA Buyer in Detroit Facing $25K Shortfall—Need Urgent Help & Ideas
19 January 2025 | 4 replies
- You max loss is $3,880, which is much less than many real estate gurus charge for their programs:)- You should be able to get your EMD back, as qualifying for, and getting, a mortgage is typically a contigency to get it back.- Why'd you have to pay for a survey?
Brett Riemensnider
Claiming Expenses on SMF During Tax Season
11 December 2024 | 6 replies
Deductible expenses include a proportional share of mortgage interest, property taxes, insurance, utilities, and repairs.
Deepak Malhotra
Fourplex in Kennewick Found With Letter Writing Campaign
23 December 2024 | 5 replies
Shared laundry meant a fifth utility meter and high water costs that I paid.
Melody R.
Thoughts about the virtual CPA firm The Real Estate CPA?
16 January 2025 | 18 replies
Typically they will have referrals to local accountants you can interview.
Craig Sparling
Who's got metrics for me? GRMs, CAPRates, YOY Growth, Median Income vs median rent
23 December 2024 | 5 replies
GRM and cap rate both looked great, but when we pulled utility records, we found heating costs in winter were brutal because of old, inefficient systems.