Robert Ok
How Many Adjustments Do You See During Comps
15 December 2024 | 0 replies
E.g. you could have adjustments for extra garage, carport, bedroom, etc.So when doing Comps for a typical wholesale or Flip deal how many of these adjustments do you typically run into?
Shiloh Lundahl
New Partnership Model
4 February 2025 | 86 replies
Jason, or WHOEVER you really are (your BP page gives absolutely NO information about you - typical for those “keyboard warriors” who spend their time trying to “get even” for the bullying they endured during childhood)Your tactics are reprehensible, reminiscent of Wisconsin Senator JOE MCCARTHY.
Kenzer Hodgson
New to STR
19 December 2024 | 6 replies
I typically log in once a week to check pricing, make changes as needed.
Chris Burke
Calculating Square Footage - Office Above Detached Garage
20 December 2024 | 3 replies
Hey Chris, a few thoughts here.Considering that office is not attached to the house, I wouldn’t add any footage to the total home square footage; however, you could advertise that office space and amount of footage and amenities in your remarks.If you’re a Realtor or are using one for the sale, your local MLS may have fields dedicated to additional footage for other buildings on the property, such as ADU’s.The other point is that typically, perhaps depending upon location, a space needs to have heating to count in the square footage, which this office doesn’t have if I understand correctly.Consider contacting an appraiser to inquire about how they would handle this space on an appraisal, or a Realtor.
Jacob Kurian
Newbie FHA Loan
16 December 2024 | 5 replies
However, we typically use the FHA-203k loan because it involves a renovation, which I highly recommend if you are looking to really boost your equity and have the cost of the renovation wrapped into your loan with a VERY LOW AMOUNT OUT OF POCKET.I like the FHA loan, but honestly, the Fannie May Home Style is an even better product at this point because you just have to bring a bit more cash to the table 5% vs. 3.5% (w/ FHA), but you have a bit more flexibility.
Keith Richardson
Should I open an LLC for each property?
24 December 2024 | 9 replies
My two single family houses typically get rented out as mid term rentals under airbnb which offers good coverage and we have been happy with.
Blake Dailey
I Bought A 130 Unit Hotel and Resort!!
1 January 2025 | 36 replies
I know not typical on here to have such a little amount in loans but we enjoy great cash flow that we live on, have lots of flexibility in what we can do and have no concern about making payments if the economy were to take a dump.
Alan Asriants
Rent by the room? Is it a good idea?
26 December 2024 | 9 replies
W what typically went wrong in your case?
Rae Chris
Advise on first flip, loans, contractors
18 December 2024 | 7 replies
. $300k loan needs to show $15k liquid assets, and draws typically require you to pay contractors and obtain a lien release before you can be reimbursed for the money you paid contractor.While I know there are a lot of people who use low money down loans to get started, it is risky.
Liz Lynn
Mobile Home Rentals
18 December 2024 | 2 replies
Buying a mobile home to place on your land can be a great way to generate rental income, but like any investment, it comes with pros, cons, and key considerations.On the pro side, mobile homes are typically more affordable than traditional single-family homes, meaning lower upfront costs.