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?
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.
Jonathan Small
STR, Flipping vs Boring and Profitable Investing
16 January 2025 | 21 replies
I find these to appreciate better than your typical LTR here which are usually in C/D class neighborhoods.I tend to look at each Real Estate opportunity as what its highest and best opportunity is.
Lorraine Hadden
Is online shopping causing the death of Malls - What does that say for Commercial RE?
5 January 2025 | 17 replies
They usually sell for a really attractive price because investment property financing is (obviously) difficult, somewhat limiting the buyer pool to owner-operator small business owners (who in turn are typically great clients, as well).
Kyle Fitch
Why Real Estate Over Stock Market?
6 January 2025 | 57 replies
This would typically occur only if you are over extended.
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.
Kevin Eun
Looking to Invest in Orange County as a start - House Hacking - Is it worth it?
3 January 2025 | 12 replies
I’m looking forward to hearing everyone’s thoughts and advice.Best,Kevin In Pittsburgh at least FHA isn't necessarily a problem, but you can't be super aggressive about you offer price with most sellers unless you're the only one interested/offering. 203k is tough to get accepted, but a typical FHA isn't the worst.
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.
John Brown
Renting short term on a sub leased property: Is it much harder? (rental arbitrage)
8 January 2025 | 15 replies
Use STR-specific insurance to protect both parties and automate operations with platforms like Airbnb, TurnoverBnB, and PriceLabs.Taxable income from the STR must be reported, but you can deduct related expenses like cleaning, utilities, and furnishings.
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.