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30 May 2019 | 4 replies
I'm purchasing my first personal home and I wanted to know what are yall's thoughts on buying a vinyl siding home versus a traditional brick home?
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3 June 2019 | 6 replies
Add this as an item to check during our regular inspection routine2.
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3 June 2019 | 12 replies
I'm talking about people you know or meet who have retirement money and other funds they want to invest in non-traditional ways, such as in your RE deal.If you've ever heard investors say, "none of my own money or credit" in a deal, THAT'S what I'm talking about.Hope this helps ...
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4 June 2019 | 31 replies
I use non-traditional national lenders (private equity, Wall St money, insurance companies etc) that I've developed relationships with.
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6 June 2019 | 14 replies
In my world of monthly furnished corporate housing rentals these are some things to think about:Top 4 things to consider when deciding if your rental is best as a corporate housing rental or traditional unfurnished rental.While corporate housing can be quite lucrative and make your property stand out in a sea of available rentals, it’s not the right strategy for everyone.
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31 May 2019 | 13 replies
About a month later he refinanced traditionally with a bank and got himself a conventional loan.
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12 June 2019 | 53 replies
Thanks to everyone for the comments and for bringing up some items I had not considered like @Scott Mac with the amp draw for the new larger fridge.A few items to clarify:This is a SFR rental that was gutted and rehabbed soup to nuts so power for a larger fridge is fine.This is in TX and renter supplied washer dryers is common but not much else in the way of appliances.The supplied fridge is only +2 years old.I don't really have a place to put my fridge if the new fridge is moved in being an out of state REI.Tenant is unwilling to leave their fridge even if I give them mine in exchange.Tenant already has blown their deposit on repairs so there is no bargaining there.One idea I had was they could move their fridge in from their storage unit and move my fridge back to their storage unit on their own dime.When they move they either have to move mine back in or leave their bigger fridge.
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6 June 2019 | 18 replies
Thinking best bet is to either wait on close of 2/1 and negotiate a few less for ground floor or wait on appraisal to come back for my refi.Aside from the purchase price, I am trying to make a check list of items we need to address financially so neither of us are getting an unfair deal.
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30 May 2019 | 6 replies
I would recommend finding the remaining life for the big items (roof, hvac, etc) and breaking out the cost needed to replace/repair.
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30 May 2019 | 6 replies
@Pradeepan VenukanthanBuilding is depreciatedLand is not depreciated.Regarding closing costs, some items are capitalized and depreciated.