Matt Millard
Is a self directed IRA even worth it?
21 September 2018 | 36 replies
So Mark do you do a lot with life insurance & infinite banking?
Achi Adamit
$85k water bill for a 120k property?!
13 July 2018 | 3 replies
Both insurance and water company has made the mistake.... even to the point where something came up about how parking garage is not allowed in residential neighborhood.
Vu Huynh
New investor from Boston, MA
10 August 2018 | 9 replies
I personally like the stable market around Boston.But you have an advantage as you're already familiar with the area, so I think it's a sound move to make!
Timothy Jung
HELOC rejected due to high DTI. Any suggestions?
19 January 2021 | 5 replies
So my mortgage payment is $1400, HOA $575, insurance $60, property tax $ 479 and auto loan $276.
Chris Svendsen
First BRRRR Finalized!!!!
18 July 2018 | 9 replies
We were able to secure this house for 78k, mortgage with taxes and insurance is going to be $432 and will be bringing in $1125 a month.
Joel O.
Interested in BIrmingham Cash Flow Investing
20 July 2018 | 8 replies
Inner city isn't affected by fluctuations like suburbs are because they receive more assistance so they are more stable investments even though 99% of people on BP are going to disagree only because of demographics.
Account Closed
How are investors preparing for SALT cap of $10,000 now
18 July 2018 | 31 replies
I am surprised but people in SF Bay Area are still buying properties over $2M as if they don’t care about $30-$35K of property insurance plus the interest on the debt over $750K.
Account Closed
Question about how depreciation is calculated
14 July 2018 | 7 replies
Abstract fees (abstract of title fees).Charges for installing utility services.Legal fees (including title search and preparationof the sales contract and deed).Recording fees.Surveys.Transfer taxes.Owner's title insurance.Any amounts the seller owes that you agree to pay, such as back taxes or interest,recording or mortgage fees,charges for improvements or repairs,and sales commissions.Settlement costs do not include amounts placed in escrow for the future payment of items such as taxes and insurance.3) if there were other costs incurred to acquire the house such as if you spend money for tax advice, tickets to fly to look at the house( or milage) and such also gets added to the basisGood luck
Jack B.
What do you think this four plex is worth?
16 July 2018 | 10 replies
That $2400/mo has to cover PITI (Dont know taxes or insurance in your area) with 20% down, and that would give me my maximum price for that property.
John M.
Investor from Sacramento looking for future partners
22 July 2018 | 3 replies
I would love to try a multi-unit deal again looking to hold for long term.What I bring to the table is a very good risk profile (800+ fico, stable high income, no debt except for rentals).