Graham Lemly
Financing Strategies for house I want - Hard Money, Rehab or Conventional?
4 January 2025 | 1 reply
If you offer more $ for the property than the all cash offers AND you appear to the seller to be highly qualified in the method you are using for sourcing the payment, at some point your offer will be more appealing than the all cash offers.I don't understand why you would consider a 1031 for another property in two years.
Matthew Posteraro
Conservative Scaling for House Hacking
9 January 2025 | 3 replies
There are quite a number of things that can make utilizing an FHA loan more difficult such as more barriers during appraisal, appearance of low qualification/little cash, typically longer closing period, likely higher interest rate, and PMI cannot be dropped without a refinance if 3.5% down.That said, just chain 5% down conventional loans, and make sure your duplexes pay for themselves.
Jason Khoury
Purchasing Vacant Home from Non-Profit
12 January 2025 | 6 replies
This can extend timelines and add layers of bureaucracy.Mission alignment: Many non-profits are cautious about selling assets if the sale could appear misaligned with their mission.
Nicholas Foy
Any experience with landlord insurance after property is burglarized and vandalized
27 December 2024 | 3 replies
They reported a window sill being taken off and it would appear someone broke in over the Christmas week.
Gustavo Delgado
why should we still invest in real estate?
4 January 2025 | 25 replies
Just for context, I posted this question, which it appears it provoked and rubbed the wrong way to quite a few of you, just to hear others perspective and thoughts.
Mak K.
Tenant lied and has a dog on first month of lease -Texas
11 January 2025 | 7 replies
You can ask (if it's not obvious) what the nature of the disability is and what task(s) the dog has been trained to perform.
Bryan Hartlen
Anyone have good experiences with their property management company?
11 January 2025 | 7 replies
It’s probably not that you’re “small potatoes” to your PM, but more a reflection of the nature of the market itself—low rents, properties with higher maintenance needs, and tenant issues.These factors make properties in these neighborhoods more difficult to manage and generally less profitable for property managers.
Matt Weddon
Legally Rejecting Applications
2 January 2025 | 18 replies
.,) relative to all other applicants, but after showing them the property you have the distinct sense they'll be a difficult, high maintenance/game-the-system/treat-your-property-poorly tenant.Essentially: how do you stay on the right side of the law rejecting a tenant that appears to be the best applicant on paper, but to whom you don't want to rent based on unpleasant personal interactions or impressions that they would likely take poor care of your property?
Griffin Malcolm
Options for Using Two Vacant Plots of Land
10 January 2025 | 8 replies
Plot 1: 2024 market value of $6,900. 45x120Plot 2: 2024 market value of $3,800. 100x94I'm still pretty new to the game, so I have no experience with land deals, ground up construction, zoning, things of that nature, and am wondering what the best play is.Sell one to help with acquisition costs and build an ADU on the other?
Tiffani Hollis
Appliances - New or Used?
9 January 2025 | 4 replies
People care more about the appearance of kitchen appliances because they are in a public portion of the house as opposed to washer/dryers which visitors rarely see. 4.