Michael W Moore
Nice to meet you!
2 April 2024 | 8 replies
I am reading the books, watching the YouTube videos, listening to podcasts, only thing left to do is physically meet like minded people.
Joseph Fenner
How does the financial side work when house hacking out of state with an FHA loan?
3 April 2024 | 16 replies
Quote from @Joseph Fenner:I’m looking to buy it as an owner occupied primary residence while living in another state but I am open to moving if it is required.It's required...how else would you owner occupy a property without physically being in that State and moving into the property you buy?
Jeff Anderson
Fourplex - Receiving mail for the building
1 April 2024 | 17 replies
A) not the physical building, 123 Main St., and is thus undeliverable.
Eric Andrekopoulos
Investor Off loading portfolio but doesn't want to seller finance.
2 April 2024 | 32 replies
A lot of times people don't want to leave physical property though, if their heirs don't want to deal with it, or have to split it up, etc. so maybe spreading the cap gains out by using seller financing will be attractive.
Penny Peng
Newbie to syndication
1 April 2024 | 8 replies
Here's how I do my due diligence:1) Portfolio matching: (takes 30 seconds per deal)a) Have an educated opinion on where I think we are in the real estate cycles (financial and physical market cycles)b) Then and only then do I pick the strategies, capital stack, and specialized asset subclasses that make sense for that opinion.
Juan De La Garza
LOI before you can see financials?
1 April 2024 | 14 replies
I.e. if they told you the roof was brand new, and upon physical inspection, you discover that the roof on a shed is brand new, but the main building needs a full replacement to the tune of $50k, that is not retracing a deal.
Roger D Jones
Question regarding land owner/developer partnerships
31 March 2024 | 5 replies
If it's a golden piece of real estate like you said it is and you guys are all motivated, mentally and physically capable, I would keep this golden goose egg all to yourself.
J Scott
Controlling Your Appraisals
3 April 2024 | 83 replies
You claim you need this info BEFORE you arrive for appraisal, yet you can not possible work up a figure of value until AFTER you have physically visited the property, as such, how on Earth does having this info we provide set you back and cause you to redo all your work?
Hayden Kerns
Help Needed: Single Family Rental Properties v.s. Stock Market Returns
1 April 2024 | 60 replies
What newbies don't understand is that the $500k appreciates 5% NOT the $100k down payment. 5% of $500k = $25k annually on your $100k invested dollars.We haven't even talked about the tax benefits, debt pay down, monthly cash flow, and it being a physical asset that will always be in demand.
Bryce Jamison
How to confirm Service Animal vs "Therapy / Emotional Support" Animal?
1 April 2024 | 22 replies
This means that not only does the animal need to typically be restrained (usually with a leash), but it also means the animal must physically be present at all (or virtually all) times.