Kimberly Paul
Misrepresentation by Real Estate Agent Seeking Advice
13 May 2024 | 2 replies
They are there to facilitate the purchase - now some are better than others and will spot certain things for you to review furtherBut two years after the fact not sure what recourse you haveRegarding giving them money, not sure what that is about so tough to respond to that except again what was in the agreement you signed Long story short, move on.
Theresa Hansen
Rent to Retirement
13 May 2024 | 6 replies
I have lost money overall in two years of having the property with maintenance and vacancy.
Brittany Farrell
Problem with contractor... and now he's threatening a lien on my building
15 May 2024 | 11 replies
check with a local attorney there are rules for filing liens of course anyone can file them but that does not mean they were filed legally.. in most states you have to give a PRE lien notice in writing and by certified mail.. you have time limits to file it.. so if they try to cloud your title they are taking a risk of slander of title. not that they have any money to pay if they lose but you can fire back with that if you need to.
Carlos Handler
Need help!! Blanket loan on 10 properties.
14 May 2024 | 18 replies
I have a great broker in California who does hard money and regular loans and DSCR.
Kevin Rock
Ready to start the investing journey
14 May 2024 | 9 replies
You will then have a few options with that rent money....you can put it into principal or you can start saving it to purchase yet another property.
Demiss Shippley
House Hacking in NYC
14 May 2024 | 7 replies
Conceptually think of house hacking in the NYC metro as a reduction in rent.It all boils down to the numbers, but if the direct property costs (mortgage + insurance + tax + capex/repairs + vacancy) - the income (rental income) is less than your rent, you are effectively saving yourself money, aka "rent saving"I did this in 2014 in Westchester county (different location, different time, different market), but effectively cut my rent in half.Regarding Basit's suggestion, I would follow this ONLY if your cashflow from the other market is greater than the "rent saving" in NYC on a per dollar invested basis.Joe
Joe Merullo
Incorporation Advice Needed
13 May 2024 | 2 replies
Hey all, first post here and excited to be a part of the community.I would like advice from experienced investors on their recommended incorporation structure for a business that will raise money from external investors to use in funding equity requirements of lenders in in fix/flips and BRRRR rentals.
Tyquan Fleming
Hard Money Lenders
9 May 2024 | 11 replies
Where do I locate hard money lenders in the state of Arkansas or near by and would experience be a huge problem when it comes to creating the partnership?
AJ P.
To Paint Trim & Doors or Not
14 May 2024 | 15 replies
Primer ensures no bleed through and paint can bond properly since you could br going oil/ stain to latex paint We find that getting bonding primer helps when painting wood trim and even paneling over the standard primer . . a little more money but it holds the paint and prevents pulling it off with tape.
Collin Hays
Games VRBO plays
13 May 2024 | 11 replies
Absolute power corrupts, particularly if there is money involved.