Edwin Ramirez
heloc and Hud Lien
12 April 2024 | 2 replies
Hi everyone,I'm relatively new to real estate investing and would appreciate some advice on my current situation.
Ruby Ruiz
Buying second property
11 April 2024 | 3 replies
There are some things that can cause issues with your upfront approval or end up causing a denial in or during underwriting that an unexperienced loan officer will not know or catch.One big thing to keep in mind is when you are buying more REI the guide lines require more assets and PITI reserves and a HELOC can "Never" act as an asset or PITI reserves.
Llewellyn Clarke
Bank foreclosed on rental property 10 years now 1099 for this tax year
13 April 2024 | 4 replies
Which means, three years after foreclosure, the form 1099C should have been issued at that time.
Cédric Le May
New to real estate investment
13 April 2024 | 26 replies
Hey Cédric, totally can relate with you being from an expensive real estate market - I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.
Samantha Zebitsch
Are condos a bad investment?
13 April 2024 | 13 replies
in summary all condo/HOA are bad investment except :- if they are located in prestigious location and/or neighborhood- they are relatively new so maintenance cost is low and predictable- they located in the market where DOM for condo is less than 10- they are located in the best school district- or they're located for resort zone/holiday zone.
Mike Mitchell
abandoned house
13 April 2024 | 16 replies
The language issue is significant, this is why (you'll love this) I engaged a prospective seller to help me with the translation.
Jay Lam
Bank accounts for rent and security deposit
12 April 2024 | 4 replies
Your wife as joint tenant (even though she isn't an active manager she can still sign a check if need be), a child or trusted relative as a designated beneficiary (so the bank knows what to do with the money).
Marcus Auerbach
How do you get top rents for DSCR financed BRRRR properties?
13 April 2024 | 12 replies
This is a property I bought 7 years ago and back then we did not do the same level rehabs as we do today.Do you run into the same issue?
Ricardo James
Basement rental conversion in Washington DC (dig-out)
14 April 2024 | 22 replies
If no then they need interior access to each other and having a second kitchen may be an issue. 3.
Joe Christoff
Investing in landscaping for single family LTR
12 April 2024 | 5 replies
For this specific property, my current assessment is that while there is definitely improvements that can be made to the landscaping, for the neighborhood it doesn't make much sense to invest in it.Curious what others have experienced when it comes to attracting tenants in relation to investing in landscaping for LT rental properties.