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Results (10,000+)
Bora O. Bad #s in The Book on Rental Property Investing by Brandon Turner
22 July 2024 | 6 replies
When you break down the numbers by individual properties using the first purchased property as a templated for the additional properties purchased however, you will notice that the numbers being used in the example are not scaling correctly.It took me some time to figure out why the numbers were not scaling and adding up correctly but I finally believe I at least partially figured out why the numbers didn’t add up.By the end of year 3 the 3 properties are owned for the following lengths of time and reflect the correct numbers associated with that length of ownership (loan balance, equity, property value, etc).Property A - owned 3 yearsProperty B - owned 1 yearProperty C - owned 0 years, it will be purchased at the start of year 4But by the end of year 4 the properties should reflect the following years of ownership with their respective numbers associated with the years of ownership (loan balance, equity, property value, etc).Property A - owned 4 yearsProperty B - owned 2 yearsProperty C - owned 1 yearHowever the summary total numbers that were provided in the book for all 3 properties at the end of year 4 did not add up correctly.
Joshua Jones Getting started w/ Tax deeds Alabama
23 July 2024 | 1 reply
I am looking to purchase a tax deed for under 40k and need a loan or 10k in funding. 
Frank Oliver Newbie looking to collaborate
20 July 2024 | 7 replies
My preference is to rent it to a trusty family member or close friend so I can ease into being a landlord and continue making improvements without it being a big issue.
Carlos Garcia Hard Money lender INFLATED APPRAISAL
23 July 2024 | 5 replies
@Carlos GarciaAlso to add - a hard money lender most likely will never inflate an appraisal if anything they will deflate it because it adds a significant amount of risk to them and their loan
Tony Zhang What's the penalty for using VA or FHA loan for non primary residence?
20 July 2024 | 8 replies
I'm wondering what will the possible penalty to be if the property we purchased not as our primary residence by using VA or FHA loan after lender found out?
Adam Pervez Mortgage rate at 6.5-6.7% for a 5% down
22 July 2024 | 9 replies
Hi,I have worked with a few lenders and have been seeing rates for a 5% owner occupant conventional loan floating around 7.1 - 7.3%.
AJ Wong Can you close your STR investment property in an LLC? Hint: The short answer is yes.
22 July 2024 | 9 replies
Hi AJ, Yes, Non-QM loans can close in LLC for title purposes.  
Erik Aybar Seeking to understand why high crime markets are recommended for multi-family
21 July 2024 | 7 replies
I've seen a lot of conflicting advice that cautions to avoid areas with high crime rates due to complications and extra costs from the tenant base and property crime.I understand that both cities have shown crime rate improvements, but their overall rates are still way above average.What makes these cities attractive for investment despite this?
Ryan Thoma Own land, seeking financing to build STR
22 July 2024 | 9 replies
I'm also having fits with traditional banks because the loan would be considered commercial.