John Faulk Jr
Complete Market Analysis
5 April 2024 | 3 replies
If they are a high producing broker, they should be able to provide you with an abundance of insights related to that market.
Stanley Zeng
Rehabbing & House Flipping in Staten Island in 2024
4 April 2024 | 5 replies
Hey Stanley I’m a Real Estate Broker in Staten Island and host bi-monthly investor meetups.
Rakesh Battula
New BP member
5 April 2024 | 4 replies
Make sure to connect with local lenders and brokers, as it's beneficial for achieving your real estate goals.
Cory Lader
Title Agency In Murrieta, Ca
6 April 2024 | 2 replies
Does anyone have a title company that they'd recommend out that way?
Jacqueline Ho
LLC loan interest rates over the last 5 years and refinancing
4 April 2024 | 19 replies
We were asking our mortgage broker if interest rates ever decrease for these loans.
Chao Yi Shih
Closing soon on investment and having regret
8 April 2024 | 21 replies
Front unit i think market price is around 1600-1700, but i am planning for 1500-1550 to gain advantage on rentingit's a popular rental area in trending neighborhood, so it has a lot rental on the market and a lot investorfirst regret is i think my offer was too high, i offered asking price at 224k which with my 10k deposit and no inspection (i did had a long term contractor go take a look with me) i can likely get the house for cheaper, it went from 300k to now 224k from last year, so 8 month on market, i could get it for maybe 200k or 210k insteadOriginally i planned to have some minor interior update include few windows, which i am estimating around 3k, but noticing the 3rd floor shingle siding was aging and looks like just matter of time, so i had to replace 2 more exterior siding that need scaffolding, long story short, my repair cost went from 3k to around 8-9kmy dscr loan is 7.625% 30 years, my monthly would be $1577 PITI + water (say $230), compare to my expected rent of $2430, so $623 remaining each monthsome concerns are1. it's flat roof and it's just matter of time for me to replace2. i know this market is always trending, a lot tenants and a lot rentals, so it's competitive but popular, i dont know what to feel about it, i have other rental in the city, just not this specific neighborhood3. since there's so many investor in the area, why no one bought it for the price, it was once lowered to 256k before it go down to 224k. when the market was hot, i think 324k would easily sold, but obviously it didnt as that's what they listed in 2023 summer4. unit was managed by management company, last lease on front unit was from June 2022-June2023 rented for $1700, then they later put for sale for 324kon one hand i think the number works, but on the other hand, i keep have this feeling i wanted to back out of the offer, i think also due to my saving would be down to 20k after closing and all the repairs made, which i normally wanted to have at least 30k in bank, also the extra siding job got me scared a bit, and roof that need to be replaced in futureif i back out now, i am going to be losing 10k + inspection 800, so that's close to 11k lostWhat's your take on this, i would hate to lose 11k without any valid reason and just scared myself out of this deal, but honestly i am having some hard time looking forward to this purchase.
Erik R Aho
Looking to get into REI, starting with $140,000.
9 April 2024 | 67 replies
If you are looking for a turnkey property (meaning one that has already been rehabbed, rented and managed by the same company that sold you the property) then I can help you with your quest for providers in specific markets.
Tyler Henkel
What are the best insurance companies for my rental
2 April 2024 | 3 replies
Does anyone have any advice for the best insurance companies to use for my policy?
Colin Sexton
Couple LLC/Corp tax questions
6 April 2024 | 1 reply
Insurance companies have many exclusions and they may not cover everything, but they can help to pay for some of the costs of a lawsuit.Good:Using one LLC for all of your rental properties.
Bennet Sebastian
Flex Space Development - Still Viable?
4 April 2024 | 5 replies
That will determine parking, access into doors, outside storage, etc.Get the Building manufacturer or construction company to do the building prints and not an independent engineer.