Chris Seveney
Home Payments as % of Median Income
2 February 2025 | 14 replies
Personally I am thinking 1c.
Ilina Shrestha
First time investor- lost & confused
28 January 2025 | 6 replies
My recommendation would be to engage an investment property focused realtor (not a general residential realtor) and let that person guide you through the process from pre-qualification to market/property valuation and selection.
Angel Mora
Evernest Property Management
29 January 2025 | 25 replies
Things they did bad which I wish I had asked more information about:Never involved in the screening of tenantsThey recommended keys for cash by waiving the rent amount buy only collecting fees which they would get not meThe cost to evict is 750-950 yet other companies told me they will include eviction in the priceThe tenant didnt pay in full last month and I was the one calling out to them and asking questions then a few days later I get an email saying something happened with the tenant and they are investigating.You get passed from person to person every week or so.No one told me when the construction was complete and so the house was ready for a week and the post to zillow and other sites was not done.It took them another week to take pictures and then another week to upload it.I was paying 200 dollar a month electric bills while the house was vacant because they left the AC running in the empty property.
Perry Lierman
Should I form an LLC?
24 January 2025 | 6 replies
It separates your personal assets from your business, providing a safeguard if any legal issues arise related to tenants or the property.
Cathy Ries
Is it worth tax planning before acquiring rentals?
2 February 2025 | 7 replies
One thing to note when getting conventional mortgages and spouses.There is a 10 limit per person for conventional financing.You can either do 10 conventional in each person's name which would be 20 mortgages for 2 people or if you do the mortgages jointly, will only allow 10 in total.My thoughts are not to own joint assets until you are both married.
Enrique Toledo
Seller financing financial questions
27 January 2025 | 7 replies
@Enrique Toledo If the seller is firm at 10% down, you can always get a personal loan for that 10%.
Warren Peasley
Selling primary residence / new home into LLC?
29 January 2025 | 7 replies
So I wonder if I can sell my home in Idaho, purchase the new one under my personal name, then how many months or years must pass before I can setup an LLC as the owner of my primary residence, or if you think that will be a good idea?
Jorge Abreu
Creating A Blueprint: Your Real Estate Investment
29 January 2025 | 0 replies
Real estate investment is my future.This amazing voyage begins with setting personal goals and vision.
James Zobrisky
What to do with Cash Flow
31 January 2025 | 17 replies
(Either with the roofing company, a heloc, or a personal loan.)Either way you will probably be way ahead on interest saved unless you have a sub 6% interest rate.
Cosmo DePinto
BRRRR advice in Phoenix
29 January 2025 | 3 replies
Cosmo - I personally don't know Phoenix well, but if I had to do this in another city I would look at income levels, crime levels, and population growth (if you can) by zip code and/or area within a DMA as a starting point.