Michael Effiong
In a bit of dilemma
25 May 2024 | 5 replies
I could just sell it and do a 1031 to avoid capital gainsBut it is not so simple to just "sell it" I have a solid tenant and they are paying $3.6k/month, haven't missed a single payment and they are so sweet.
Richard Hoyte
How much is enough
25 May 2024 | 2 replies
Quote from @Richard Hoyte: What is a good and or acceptable amount of money to have saved up before buying your first rental property I'm aware this can vary depending on the state/area but is there a rule of thumbThank you ahead of time Hello Richard, Your down payment amount will have a lot to do with this.If you are going with the minimum downpayment of 3 - 3.5% , you'll want to have at least a total of 10% of the purchase price (to also account for closing costs) + 6 months in reserves.
Jeremy Fleming
How to Find Motivated Sellers without Using a Realtor
25 May 2024 | 4 replies
Now I get offers on my properties almost every month.
Murray Heidenreich
Buying back a house.
25 May 2024 | 2 replies
I had recently sold my house off a few months ago and regret selling.
Account Closed
Questions about getting paid referrals from investors + my background
25 May 2024 | 4 replies
I am a recent graduate from Texas A&M university and a few months prior, I was considering getting into Wholesaling.I learned that with Wholesaling, there were so many pitfalls concerning wholesaling, legalities that one needs to deal with when wholesaling properties, so I decided to look at another alternative route instead.One of the areas that caught my attention was being a refferal partner for Real Estate and Private Equity investors.Do you guys know what states such activities are going to be legal or illegal?
Bill Liu
NYC legally convert 6 family to 5 family rent stabilize decontrol
25 May 2024 | 2 replies
There is major money involved in the right answer that impacts not only monthly cash flow but the overall value of the building.
Donnie Maguire
Quitclaim Deed - Conventional Mortgage Question
25 May 2024 | 13 replies
However, lenders typically need to see that debt payments have been made by the other party for a certain period of time to remove it from the DTI (12 months usually).
Damon Aniton
International Investing: Properties out of the country.
26 May 2024 | 10 replies
We finished our first STR outside of the USA a couple months.
Tom Server
COOP HOA sold property to me, that they offically didnt own
26 May 2024 | 8 replies
It's been 3 months. everyone is in the dark.
Cole Oliver
How To Communicate With Tenants You Are About To Inherit.
26 May 2024 | 3 replies
For example, I am wanting to send them a welcome letter introducing myself and letting them know some of the changes that will be happening in the coming months.