Geoffrey Chen
Water Submeter in Columbus Ohio
10 June 2024 | 20 replies
You get a separate (small) bill from Guardian for their service, but the cost is incorporated into the billing rate that Guardian charges the tenants.
Juli Ford
Should we sell our STR property to pay kids' college loans?
9 June 2024 | 8 replies
Hi all- My husband and I are considering selling our short-term rental property in Vermont to pay our kids' college loans, and we're looking for input to see if we are missing anything in the big picture.Here are the details: We purchased a log cabin in Vermont in November 2020 for $440,000 with a 2.75% interest rate.
Michael Hearn
Sell vs. Rent -- Please help!!!
8 June 2024 | 11 replies
at least not right away. 7.1% is not at all a terrible rate and presumably it's a 30-year fixed rate.
Engelo Rumora
Says WHO there aren't any good deals?
7 June 2024 | 9 replies
G'Day guys,Lately, I've been super duper pissed off with our investors that I decided to keep all of the deals for myself 🤷♂️I've always preached that there is not a single deal that we sell that I wouldn't be willing to keep for myself.So there's that lolJust picked up a 6 unit which us humble Ohio folk would consider an A class area (Sorry East and West Coasts as our A class is your Z Class lol)$160,000 purchase price$50,000 rehabCurrent rents are $3,000 per monthOptimized rents will be $4,000 per month.BPO before purchase $220,000 - $250,000ARV $350,000ARV with interest rates at 6% potentially $400,000+Cashflow = S#%$ load $$$Granted, it took 4 months to get the contract signed and we had to go to McDonalds 4 times to meet with the seller so sign each page individually single time lolYep, it was one of those.All in all, great deal and they are definitely out there.Working on another one now that will be converted into a duplex and is located in a top notch school district.Somehow picked this one up for $20,000 and needs $45,000 in rehab.ARV is $110,000 conservatively Combined rents will be $1,300pm.Ohhh yeah, almost forgot.Also, picked up a SFH from a wholesaler believe it or not for $20,000 that after inspection needs around $15,000 in rehab.ARV all day long is $80,000.Says WHO there aren't any good deals???
Robert Sorrels
Won Foreclosure Auction! Now what?
10 June 2024 | 39 replies
This home having a pool is huge for summer rentals and rates, also on a privacy fenced 1/2 acre.
Kyler J Sloan
How to Claim Passive Losses without getting Audited
9 June 2024 | 50 replies
He was thinking I needed to meet the rep status but no way was I because I had a w2 that year.So, track your hours for material participation and work your w2 without fear.
Tim Goddard
How are investors making numbers work in todays interest rate environment?
6 June 2024 | 11 replies
Only make offers with seller credits that can buy down the rate to a place that makes financial sense. 3.
Mario Cuartas
Tapping Into House Hacking Benefits By Helping My Sister
9 June 2024 | 6 replies
Hello Everyone, My Sister Just got married and with high interest rates, and high cost of homes in Utah, it’s going to be really hard for her and her family to afford buying a home.
Christian Signorino
My lead generation sucks, I need help
9 June 2024 | 36 replies
That is a 0.1% success rate.
Michael Storch
Looking to meet Cleveland area investors!
5 June 2024 | 7 replies
Looking to meet Cleveland area investors!