Brennan Vaughn
managing properties with Doorloop software
15 November 2024 | 10 replies
It's user friendly, with a modern design.
Gloria C.
Investment property burned down.....
15 November 2024 | 7 replies
Any amount over your adjusted basis in the property (initial cost minus depreciation) could be subject to capital gains tax unless you reinvest it strategically.2. 1033 Exchange (Involuntary Conversion): A 1033 exchange (involuntary conversion) is specifically designed for situations like fire, natural disasters, or eminent domain.
Philip Anderson
New Member Looking to invest in a Multi-family
14 November 2024 | 21 replies
When considering other locations/markets, check demographic trends - things like population changes, household income, job growth, etc.
Joel Fischer
Padsplit hosting experience
13 November 2024 | 9 replies
After all PITI, utility, and services (lawncare and cleaning) costs I have $7,225.I set aside 25% of this for my maintenance fund.The remainder funds my lifestyle, wife has a Tesla, and quarterly vacations as well as business growth.In 2023 I am tracking to build 4 duplex units designed as room rentals funded in part from a recent land sale.
Sasi Kumar
Genie garage door opener (screw type) - Rail moves
14 November 2024 | 2 replies
A small amount of movement in the rail of a screw-drive garage door opener can be normal, as it’s designed with some flexibility to handle the door's movement.
Ray Gregory
New to Real Estate
14 November 2024 | 12 replies
Delve into market trends, neighborhoods, and property types that align with your goals.
Greg Hoffmann
Advice Regarding All in One Loan?
14 November 2024 | 5 replies
My goals would be to increase monthly cash flow and have more access to the property's equity for things like Cap Ex, etc....Here's a blurb from a lender's website:"By combining banking functionality with home financing into one dynamic instrument, borrowers are able to save tens of thousands of dollars and years off their loan""Designed after popular programs around the world, the All In One First Lien HELOC is the nation’s first transactional offset type-mortgage program.Home financing and banking combined:Deposits lower your loan’s principalFunds remain available for expensesInterest is calculated on the average daily balanceThis lowers the monthly interest paymentsTens of thousands of dollars can be saved over the life of the loanMortgage freedom can be achieved in half the time or less
Steve Holt
Is BongoStays legit?
12 November 2024 | 47 replies
My company has been offering furnishing and design services since 2018 in this field and I've never heard of them before.
Katie Camargo
Under contract on a Home in Flood Zone A - should I bail on the contract?
13 November 2024 | 1 reply
I am under contract on a lake front house but still in the due diligence period - I just learned that it's designated flood zone A.
Rob Bergeron
DSCR loans are cheaper than a traditional 30 year fixed right now.
14 November 2024 | 11 replies
The last cycle where rates were on a downward trend started in 1984 and ended in 2021.