Dan Mahoney
How to buy a tax deed at the Fulton County Tax Sale, Atlanta, GA
29 April 2024 | 168 replies
You could build it by hand by cross-referencing the ads in Fulton County Daily Report (minimum bid) with the tax deeds recorded in the Fulton County land records (price paid).
Earl W.
Flat Fee MLS Companies. Are they all the same?
26 April 2024 | 10 replies
(Any company that charges anything other than a flat fee is automatically crossed off the list).
Kai Sato-Franks
Dave Ramsey recommends buying everything with cash!
30 April 2024 | 140 replies
Trying to be an investor when you don't have personal finance discipline is like going to a cross fit gym when you drink beer and eat fried garbage every night.
Yvonne Wang
Financing options for a BRRRR + STR?
25 April 2024 | 9 replies
@Yvonne Wang Use this website to cross check for zoning and whether the permitting is in place. http://atlas.phila.gov It's a good website with accurate reporting.
William Kyle Norton
New to Real Estate Investing, Active Duty Military!
24 April 2024 | 1 reply
I plan to convert my Surf City house into a long term rental soon (long term since my HOA currently does not allow STRs).I am an active duty Marine and have been in for almost 10 years.
Alison Cromwell
Advice for Good Lenders in MD
25 April 2024 | 4 replies
Most work this way Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.
Daniel Wilson
Bay Area Newbie!
25 April 2024 | 16 replies
STRs are something I would definitely be interested in as well, although looking up north, especially in Marin and Sonoma, they seem to be cracking down on STRs.
Account Closed
Form 1098 for private lenders. Reporting MUSTS
25 April 2024 | 0 replies
The IRS cross-references your 1098s with claimed deductions, raising concerns if discrepancies arise.Private Lenders and Forms 1098: Private lenders are required to send Forms 1098, but only if they meet specific criteria:The private lender operates as a “trade or business,” distinguishing professional lenders from casual lenders like friends or family members.The loan is issued to an individual or a disregarded single-member LLC.The loan is a mortgage secured by real property.The annual interest paid on the mortgage was $600 or more for the previous year.The conditions leave some room for interpretation, particularly regarding the “trade or business” clause.
Steven Westlake
Rehab tip of the day
26 April 2024 | 145 replies
I used 3/4” marine plywood running from stud to stud.
Billy Miller
Ready to Start a New Journey!
23 April 2024 | 6 replies
🌟Let's dive into the Billy saga: I've rocked it with the US Marine Corps, spearheaded projects with NextEra Integrated (a top commercial solar company) as a site manager, and even had a stint as a warehouse manager for a top material storehouse in NJ.