Cameron McNulty
Pay off my car loan or invest..
28 February 2020 | 7 replies
Do you have money in reserves, borrowing capacity, other sources of income?
Briana Bean
Who pays for negligence in the house?
28 February 2020 | 5 replies
If its the same dated filter I installed at move out I'll charge the tenant for a service of the unit due to the added strain on the system they caused by not following our lease agreement.With your plumbing situation I would include a lease provision that states tenants are responsible for maintaining all plumbing, excluding root intrusion and the like.
Samuel Nigbur
Financing our first property
28 February 2020 | 2 replies
We plan on doing this through a series of flipping and rentals.Type of Property: The property we are looking at is a 4 bed 2 bath single family home @ 1865SF.Location of Property: WIPurpose of Financing: Purchase-Renovate-Cashout RefinanceType of Financing Sought: Note sureCurrent or Prior Ownership of Realestate: NoneOccupancy: Living with parents after graduating school to save moneyValue of Property at Present/Offer Price: $100,000ARV: $200,000Anticipate or Actual Appraisal issues: Yes, currently vacant and winterized (wont know if water is working until purchase)Current Rents per month: $0Fair market rents per month: $1,750Down Payment: available right now $5000Source of Down Payment: own funds Income Source: SalariedGMI: take home around $3600Monthly Debt Obligations: student loans $1000FICO: GoodCredit Issues: none really never late but student loans do suck
Account Closed
Should I pursue this property or wait?
27 February 2020 | 6 replies
Your primary source of income is your new job.
Sabrina Sanchez
Investors Considering RE License
28 February 2020 | 7 replies
Another source of income if you put in the work.
Murlie Keller
Standing water in HOA sewer Main
2 March 2020 | 5 replies
Properly functioning sewer lines don't need "maintenance"...My guess is, it's either an old clay pipe with tree root problems (in which case they should replace it, or remove the tree), or it's improperly installed / runs uphill (in which case, it needs replaced).
Ramsin Jacob
What type of software do architects generally use?
12 March 2020 | 3 replies
It is an open source and free option.
Curtis Woods
Should I use my 401k to purchase my 1st rental property?
28 February 2020 | 14 replies
Roth is a great source and tax negligible so that would be the go to.
David Rocca
Money to invest in South Florida. Multi Family. Need Advise!
5 March 2020 | 1 reply
I would start speaking to some Florida Commercial Brokers and possibly start sourcing and reviewing deals from other parts of Florida that are not as expensive.
Nelson Del Castillo
Motivated Seller Negotiations
29 February 2020 | 4 replies
If you make them think they got a great deal, they will be much happier and probably be a source for a great testimonial.And... you may be able to increase your profit.