Sebastian Nadal
Looking to House Hack in Chicago for the first time
8 January 2025 | 6 replies
Definitely screen properly and don’t cut corners!
Kathy Creighton-Smith
LoanBidz lending reviews
23 January 2025 | 15 replies
Instead, we provide expansive access to all of the top lenders in the marketplace, ensuring that you get the best options tailored to your unique situation.
Jorge Abreu
Maximizing Unit Potential & Implementing Effective Fee Structures
28 December 2024 | 1 reply
Properly collecting these fees is a key part of financial success in real estate investment.And hey, why stop there?
David Woodside
500 hour rule - material participation
15 January 2025 | 12 replies
Proper time tracking and logs are critical for demonstrating compliance with this rule.I've only seen one person with a W-2 qualify for reps, and that was from a tax court case where people had to come in in person and attest to his hard work.
Ben Callahan
Californian new to REI - looking for out-of-state rental property
6 February 2025 | 34 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Marina Wong
711 Rescue - does it help LP in case of imminent foreclosure
21 January 2025 | 19 replies
It ensures the community is full of active LP investors, not just anyone.
Donald DiBuono
Creative Finance Deal Need Advice!
9 January 2025 | 4 replies
During the partnership, you can jointly manage the property, increase its value, negotiate a flexible repayment plan with the seller that allows for larger payments after the property appreciates, ensure a written agreement that clearly specifies repayment terms and timeframes and refinance, and the sellers are able to 1031 at their leisure?
Jacklyn Robins
Trouble renting units in Cincinnati
21 January 2025 | 27 replies
The best way to solve this situation now would be by ensuring you've presented the units in the most attractive way possible.
Becca Pariser
Who is responsible for back mortgage after paperwork is signed?
10 January 2025 | 3 replies
You did things outside of the normal without proper knowledge.
Drew Sygit
Why are Newbies Using Invalid Investment Assumptions from 5+ Years Ago?
2 February 2025 | 20 replies
(if this makes no sense to you, research the 80's)Yes, fundamentals apply like compounding returns, proper use of leverage, appreciating assets etc etc, but the specific's of the how-to's, the "plays" one runs, how you play the game, it's a different game than '19'.