Ignatius Okeke
What is the top niche in REI?
9 September 2024 | 12 replies
Nothing is the top niche because it's highly dependent on what you are interested in, who you know in that class, what your goals are, and how much money you have to invest in your education and/or assets.In general, no one new to investing should start with mobile home parks just from an operations and capital standpoint.
Kathy Creighton-Smith
How to make the decision to take appreciation versus cash flow?
10 September 2024 | 10 replies
@Kathy Creighton-SmithYou need to calculate your Return on Equity and then figure out if you can get a better return investing the money in something else.
Jordan Dzubak
SW Virginia Claytor Lake Rentals
12 September 2024 | 5 replies
I don't think I'll be able to make too much money off of it, but want to get an idea of what I'd be getting myself into, I'm in the research phase.
Liam D.
Buyer going behind my back! HELP
9 September 2024 | 18 replies
You need to know buyer has their own money they just want to use someone else's money to buy.Big difference between someone with 500k in their bank account wanting to use an HML and a buyer with 5k to their name and putting up 1k non-refundable on a wing and a prayer.If you had multiple investors you likely should have screened your investors much harder to see who looked the strongest and could perform.
Yoshi Uem
Tax treatment for duplex selling
14 September 2024 | 6 replies
You'd need to enlist one anyway if you go through with the 1031, so asking someone who really knows the ins and outs of a complicated transaction like this would be a good first step.Best of luck!
Dillan Gomez
Assumable Mortgages: Any ways to do creative financing?
11 September 2024 | 1 reply
The appeal is pretty much just the low monthly payment.Are there any ways to bring low money down on assumable mortgage deals to avoid paying a lump sum of $100k+?
Joseph Nguyen
Lowering DTI via SFH
12 September 2024 | 9 replies
I looked into DSCR and spoke to a few lenders, but it seems I need to have 2 years of rental property ownership before I can utilize; I'm only approaching my 1st year of renting by the room, so I assume I'd need to wait another year before I can look into DSCR.
Stephen Keighery
August 2024 Real Estate Trends in Greater New Orleans: What Buyers, Sellers, and Inve
4 September 2024 | 1 reply
As a result, buyers are no longer willing to settle for properties that don't meet their needs.
Matthew Ford
building new triplexes looking for pros and cons or pitfalls to look forward to
13 September 2024 | 2 replies
Check with town permitting or GC if need additional parking, landscaping and rain drainage.
Rafael Ordonez jr
Legality of putting branches in front of a rental for pickup
11 September 2024 | 4 replies
Quote from @Rafael Ordonez jr: I'm trying to avoid paying at the dump.How much could it be?