Juan Carlos Castillo
Negotiating my first deal! Help!
29 April 2019 | 19 replies
I have no idea what these repairs are gonna cost, but I'm estimating central a/c will probably be within 5-10k and the electrical fixes will probably be around 2-3k.Thanks in advanced, here are some links to pictures of the property.
Micah Dison
[Calc Review] Help me analyze this deal
30 April 2019 | 2 replies
View report*This link comes directly from our calculators, based on information input by the member who posted.
Huimin Zhang
Hold or sell? Bay Area townhome
2 May 2019 | 69 replies
However if this is purely investment (is no plans to move in after some time), you need to objectively do the math on your expected return given what you think price appreciation will be over the life of your ownership ( @Leo Kotschenreuther makes an excellent point) , weighting the risk of a downturn and your ability to continue to fund this investment, and compare that to using your 500k +2k/month to fund any other investment (Amazon stock, bonds, passive investment in a syndicated deal elsewhere.... ) We are holding our San Jose MF, but I've stopped looking for my next deal in silicon valley... property here is all priced for perfection (ultra low cap rates, neg cash flow, smells like 06-07!)
BOB CRANEY
Best practices in qualifying unrelated/Unmarried prospects
28 April 2019 | 7 replies
@BOB CRANEY Here's a link to MD Fair Housing: https://mccr.maryland.gov/Pages/Housing-Discrimina...Familial status is a protected class, so even asking if the applicants are married could land you in a world of trouble.I think @Marc Winter's idea of "jointly and severally" language makes sense, but I'd check with a local attorney to be sure.
Mike Celli
[Calc Review] Help me analyze this deal
29 April 2019 | 3 replies
View report*This link comes directly from our calculators, based on information input by the member who posted.
Sivan Kuvent
What is the best way or service to find VACANT HOUSES & BUILDINGS
28 April 2019 | 2 replies
Click on the link and explore the docket.
Leif Oldert
Newby perplexed on ‘accurately‘ calculating ARV?
28 April 2019 | 2 replies
@matt @Matt J. thank you for the thread link.
Jim Peckey
Update: closing on our first duplex
28 April 2019 | 2 replies
We were originally looking at a triplex in our local area (linked post), although the seller wasn't willing to budge on the price - even after making 2 offers with the second being a bit higher, so we walked.
Christine Krizenesky
Pay off a rental or not?
29 April 2019 | 9 replies
Inflation of 3% your paid off house grows $7500.
Account Closed
Giving appraiser 500$ for a higher a higher value?
29 April 2019 | 30 replies
@Jack Edward Johnson I wouldn’t personally pay an appraiser to inflate the value if that’s what you’re asking