Raymond Hill
Multi Family Property
20 July 2018 | 6 replies
It's not too much of a stretch to think this will increase the demand for housing just south of the border.
James Cloud
What questions should I ask when contacted by seller?
4 September 2018 | 2 replies
When you go have a folder with lowest comps surrounding the home, your highest cash offer price as a note to yourself, repair checklist for calculation, business cards and confidence :) *Go in with the heart to solve problems and really listen
Michael Woods
VA and Refinance idea
3 October 2018 | 5 replies
Buy the house then wait for it to appreciate 20%The downside is it's highly speculative, it forces you to buy a retail home, provides no income in the meantime, and has high transactional costs.If you get the timing wrong and the market comes down, or the appreciation increase is slow, OR if you get that all to work and then cash out the house THEN the market comes down: you're stuck.
Jonathan Harms
Deductible changed w/o notification; then a storm hit
20 July 2018 | 4 replies
As a result, my agent told me he “made a business decision to protect his client” and he followed the company policy to increase the deductible as opposed to keeping it at $1k which he told me would make my policy defunct, therefore...no policy.I responded that I made the decision to go with this insurance based on the quotes he gave me, and that the increased deductible felt to me, like a bait and switch.He responded with empathy and said that he has done his best and that we should get some quotes on fixing the hail damage.
Matt Jones
Pictures and Numbers from my most recent Brrrrr
22 September 2018 | 28 replies
I'm sure I will have to increase that over time but rent increases will help cover that as well.
JD Martin
I need some strategy on bidding on an estate auction for property
30 July 2018 | 58 replies
In other words if two people are going back and fourth at $500 increments, drop a $5000 increase on it.
Derrick Claywell
First Investment ever! In Dayton, Ohio area
29 August 2018 | 14 replies
My mother is being my boots on the ground for this one, and she’s pretty confident in selling for 165-180k with this square footage and area.
Christopher Krogmeier
Home prices outpacing inflation
14 August 2018 | 1 reply
How long can the real estate market sustain increasing home prices?
AJ Brown
Calculating cashflow - yearly instead of monthly
16 July 2018 | 1 reply
You need to calculate it as investment income - expenses (including annual taxes and income taxes on your gains) - increased equity (loan paydown - that is part of your profit, but it isn't part of your cashflow)If you are looking at this on only a monthly basis, you'll miss annual or semi-annual costs or seasonal variations.
Account Closed
is there a free site or app to analyze a rental 5 years & not 1yr
22 July 2018 | 2 replies
im planning to buy a 3 unit property in NJ here is the details purchase price $369000seller concession $10,000closing cost $15000downpayment $18500rate 4.651%1st floor 3 bd 15002nd floor 3bd 1418 (section 8) hoping to get $100 or more 3rd floor 2 bd 1250property taxes 11500 ( with town stating 2% increase upcoming year) so add 300 to that insurance is 200 a month estimate water is 200 a month estrepairs 200 est ( was recently rehab 5 years ago)vacancy 200 estmisc 100 esttotal cash down is 23k for everything reserves taxes etc since 10k concession is going towards closing imliving in one of the unit's bedroom with cousins so i expect to net $600 a month and live rent-free. the basement is unfinished but would like to find an investment app or site that will show me 5 to 10 years from now how this investment will be seeing how i would live in the property for 1 year.