Marcia B.
Rent vs Sell in this hot market
28 April 2021 | 2 replies
In current market home would be worth approximately 375 K to 400K depending on improvements I make. 2) My current condo style townhome is in a hot market in MD.
Marcia B.
Feedback Requested: Sell or Rent (MD)
28 April 2021 | 3 replies
It is a small 3 bedroom condo style townhome in Crofton, MD.
Ryan Turner
HOA Repairs Delaying Rental Income
28 April 2021 | 0 replies
Upon ripping up the existing flooring, we discover water damage coming in from beneath the 2nd level "Juliet" style doors.
John Fernald
New Real Estate Agent
7 May 2021 | 13 replies
If you're focusing on the tech sector and wind up working with folks who are contractors like you were, there are some idiosyncrasies to aligning that style of employment with lending rules -- I can share some of the guidelines if you'd like.
Ben Riechmann
How sustainable is the current real estate market?
29 April 2021 | 1 reply
He does seem to expect some price correction when foreclosures do eventually start to happen, but a GFC-style complete crash seems very unlikely.
Lindsey Ceane
Government Take Over - Rentals
10 May 2021 | 71 replies
Consider how diverse they are, environmental impacts etc, and other fashionable categories, then the financial engineers can print the money and give it to the companies they like.
Andre Jones
Atlanta Property Management/Interior Designer for ABNB
2 May 2021 | 9 replies
I’m assuming he’s referring to the Playboy Mansion and its Gothic-Tudor architecture which was primarily decorated in the early 1970’s...love to see how Paul translates the Neo-Gothic style to the spaces he’s renting.
Nathaniel J Mott
Insurance providers for demolition contractor
1 May 2021 | 6 replies
Nathaniel,Because of the need for Pollution coverage by a Demo contractor, we are often using Specialty Markets that do a lot with the Environmental Firms.
Jennifer Hoover
Two-fer-one purchase, two single family homes on one lot
1 May 2021 | 1 reply
I believe the social and economic factors that pulled the neighborhood down can be reversed slowly over the next decade, and that the location, layout, and style of the neighborhood are truly worthy of a restoration and reinvention.
Zack Voiro
Buying your First Rental Property
1 May 2021 | 5 replies
Whether you are doing a Fix and Flip or Buy and Hold you have three basic costs:- Closing costs of buying- Holding costs- Closing costs of selling (if flipping)Real estate transfer taxes charged by the county and/or cityTitle insurance feeProcessing and filing fees for forms being submitted to the County RecorderAppraisal fee Home inspection feeInsurance Escrow feesNow some of these are more ‘cafeteria style’ than others (picking and choosing what you want- like an inspection, 4 point, 5 point, doing it yourself, etc.)I wanted to be sure to include insurance as well - you want your bottom line covered, even in a rehab - proof in deals that have had unfortunate happenings after rehab (like fires) but before moved to the end user (sold)Now typically we aren’t dealing with a few items like HOA transfer fees in investment deals- but keep in mind you MAY come across those miscellaneous items in some cases.With your 4 or 5 point inspection (what many investors choose) your costs are going to be cheaper than an end user (applying for a loan) inspection- and we’ve got people here in Indy to help with this as well.Survey fees- well it’s a good idea to have an exact location of the lot lines/land but this is going to be less than $800Now I’m not getting into realtor commissions here- and that’s going to be a situational thing (working with a wholesaler for example changes things)In Indiana for example, you don’t need an attorney to facilitate the sale of real property so unless you choose to work with one, this is one fee you can skip out on as wellYou’re going to have transfer tax, title insurance (you’ll want to make sure the title is indeed clear), title search fees, recording fees, and escrow fees.It probably goes without saying, but closing dates will affect some things (like prorated rent on an active rental for a buyer credit), taxes etc.