Ming Huang
OKC long term investments experience and recommendations
27 January 2025 | 7 replies
Verifying last 2 years of rental history very important!
Leah Miller
Bank Won't Close Due to FEMA Disaster Designation
29 January 2025 | 24 replies
Once the disaster is over, someone from the lender will verify the structure wasnt damaged and then proceed with the funding.
Nate Marroquin
House Hacking, with other rental debt and low income
30 January 2025 | 8 replies
I have "XXXX" of debts every month, and make "XXXX" every two weeks.That will find the cost of duplex you need, though you may need to verify it is using current FHA guidelines as they have changed recently, so make sure you use that.
Melissa Sejour
How do you research the best areas to invest in?
29 January 2025 | 11 replies
Verifying last 2 years of rental history very important!
Daniel M.
Locking Up a Property Sight Unseen—Need Advice
16 January 2025 | 6 replies
My manger does this all the time.He has an inspection done to verify all the maintenance issue and has someone video the property to verify all the marketing issues.
Mark Forest
Syndication capital calls
14 January 2025 | 37 replies
I don’t know how much initial equity but if your guess is right 10 cents on the dollar is about right.
J.P. Coghill
Appfolio On Boarding
15 January 2025 | 8 replies
They’re requesting what feels like an unreasonable amount of information, and the demands keep escalating.So far, they’ve asked for:A video tour of my home officeCredit checks on me and my partnerCopies of the deeds for every property we ownA copy of my partner’s home lease and utility billsBusiness phone billsA signed letter from the bank verifying our accountsBank statementsHonestly, it feels more like qualifying for a loan than trying to become a customer.
Chris Blackburn
Tax credit 45L for a 90 unit or 112 unit project? What should it cost?
22 January 2025 | 1 reply
This could cost around $500 to $1,500 per unit, depending on the size and complexity of the project.Certifications: There may be additional costs for certifications (such as HERS ratings) or third-party testing to verify the energy efficiency of each unit.For a 90-unit project, you could be looking at costs in the range of:$45,000 to $135,000 for energy modeling and certification (depending on the cost per unit).For a 112-unit project, the costs would likely be:$56,000 to $168,000 for similar services.Tax Credit Calculation:If you meet the energy standards, you can claim up to $2,000 per unit.
David Young
Questions From a first time Investor
29 January 2025 | 12 replies
Verifying last 2 years of rental history very important!
Steven Mendoza
Contracting a Deal - HELP
25 January 2025 | 1 reply
Have every detail spelled out, use an escrow account and daily updates verifying all parties are executing their responsibilities.