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11 July 2024 | 2 replies
Thanks, Kyser Some HOAs have transfer costs.
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11 July 2024 | 18 replies
If you have $50k to invest then you will probably be looking at properties in the mid-to-high $100s (assuming you're putting 20% down + closing costs and a little cushion).
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11 July 2024 | 0 replies
I’m gaining knowledge of costs to replace certain things in the house.
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9 July 2024 | 6 replies
Rates, closing costs, and points also play a huge role in making the right move and can save you extra.You also want to make sure you have multiple terms like ARM products, Interest Only, No Prepayment penalties, etc.If you want to talk REI feel free to reach out I enjoy helping when ever possible.
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11 July 2024 | 5 replies
All that matters is what you net after selling costs minus what you paid for it. .
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11 July 2024 | 2 replies
It would also lessen my out--of-pocket on either hard money costs or cash I spend, so I'd have more to work with to acquire more properties.
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8 July 2024 | 11 replies
I am fairly new to the BRRR method but currently rehabbing a 3bd/1ba (1189sq ft) I am going to share all my numbers and would love opinions from experienced investors on what you would do. - Purchase Price $38,450-Full Rehab $75k (roof, interior/exterior paint, new kitchen, new bath, new floor, new appliance)- Add full bath $25k (88 sq ft) is the option/decisionAs far as cash flow, here is are the two options....- 3/1 would be...
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9 July 2024 | 29 replies
Also, I am involved in rehab and management, so I am claiming my STR income under the Schedule C.Why aren't you guys claiming it under Schedule C and getting the deduction?
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11 July 2024 | 0 replies
Partner Driven financed the Finsbury Drive deal using its own capital, covering the $350,000 purchase price and $16,000 in renovation costs.
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11 July 2024 | 5 replies
Option 1-sell it back to her ie tell her you want all of the money back within 72 hours PLUS all of the costs you incurred or will incur (eg mortgage penalty) as a result of her not moving or you will sue her.