Thomas Sedita
What I think travel will look like now that Covid had occured
18 August 2020 | 10 replies
Outdoor destinations and national parks will be more appealing than a trip to a vast city with tickets to a sporting or concert event.
Ryan Fenton
If you had $200k+ in capital, where would you invest right now?
19 August 2020 | 53 replies
The older crowd wants to get away from their cold northern states in the winter.
Vincent Cheng
Looking for a (real estate) CPA accountant
12 August 2020 | 2 replies
I am willing to bet that any of the CPAs you talk to working in the real estate / business area (ie not just a 1040 mill) will be available year round to discuss questions as they arise.
Gordon Ray
Fannie & Freddie Refi Rates
13 August 2020 | 3 replies
Rounded to the nearest 5 bps, b/c who cares about 0.01% of your loan balance in closing fees holding constant the rate (100 bps = 1% to fees, holding constant the rate).#1) Lost 25 bps.
Mike Gee
Best way to utilize FHA loan in Los Angeles?
13 August 2020 | 1 reply
With your great credit score, you can get away with a 50% debt-to-income ratio -- which means all of your debts, including the house payments, can't be more than 50% of your income.$50k/year is $4167/month, and half of that is $2083/month.
Sarah Caldwell
Salt Lake City Air BnB vs Long Term Rental
16 August 2020 | 6 replies
There are still plenty around so you could get away with it, but it could be a liability hanging over your head if you choose to go that route.Generally, you can get more revenue from a short-term rental if you keep it filled but it also requires more active management and even some higher costs associated with turnover and utilities.
Anass M.
Turning Primary residence into an LLC
25 August 2020 | 11 replies
Just to round out a few comments, you can have more than one FHA product but there are very strict requirements you must meet like 25% equity in your first FHA product and certain distance between the two products.
Jeff Pollock
Request for Repairs Strategy in a Seller's Market?
14 August 2020 | 2 replies
Being under contract I am doing due diligence and have an opportunity to submit the Request for Repairs asking for the seller to give on some of the larger health and safety things I'm finding need to be done before I move into the house after I conducted an inspection and uncovered lots of baggage associated with an insurance claim for a fire at the property.My questions: - Does anyone have experience negotiating at this point in a seller's market when bigger ticket health and safety items have come back on the inspection report?
Shafi Noss
Advice on syndication LLC Operating Agreement
15 August 2020 | 5 replies
You'll need an attorney to set up this round, and you should probably expect to pay five figures.
Marissa Bialek
STR in Southern Vermont
17 February 2021 | 7 replies
We’re hoping for year round bookings and thinking they’ll be peaks in parts of the summer, fall, and winter.