Troy Hebert
Would You Do This Deal? NC Vacation Rental (Outer Banks)
4 July 2023 | 23 replies
Agents will tell you that prices haven’t reflected the crazy demand yet, but I don’t know.Im this close to walking from my deal.
Majid Kamil
Investing in Turkey?
12 January 2022 | 2 replies
The other side of the coin is that the fall of the Turkish lira is the reflection of deep economic and political or not, which could have an influence of the value of your investment.I invest in countries where it's profitable but I also want to make sure that 1) I'm treated equally as the citizens of the country, 2) the risk of my property being confiscated or nationalized is limited and 3) I can repatriate home my rental income and the proceeds of the sale should I decide to sell.I would consider investing there if I'm satisfied that I can get all of that but I believe there are better places to invest right now.
Chip Brewster
Lots of pain, lots of knowledge gain - my first, inadvertent, REI
18 June 2022 | 0 replies
another lesson learned) and after several months of an empty property I finally sold it at a loss (which, as I learned, ended up being a tax write-off).I would not call this a financial REI success story, but despite the many, many pains, I do reflect on this home with positivity.
Arun Iyengar
What Cap Rates would make the property attractive?
30 May 2017 | 8 replies
., and the pricing of the Multi-family apartment reflects this.
Anita Ahuja
Bay Area investing. Anything for under market value?
8 August 2017 | 28 replies
@Ryder Meehan has a fun meetup in SF - but mainly focused out of state (except this next meetup's cannabis RE theme ;) And make it down to Milpitas for @Johnson H.'
Lee Fahy
BRRRR Seasoning Question
12 July 2017 | 24 replies
Here's a quote from an article in yesterday's Tampa Bay Times that'll give you a sense of what's happening: "The numbers over the past few years reflect a more healthy and sustainable real estate market," says Hillsborough Property Appraiser Bob Henriquez.
Niko Crowley
Forming an LLC for beginnners
5 December 2017 | 2 replies
Niko:Here is how I have done it before: - Buy the property in your name - Form and LLC - Quit claim the property into the LLC - Record the deed - Change your insurance policies to reflect the LLC as the owner.Doing this you do run the risk that the lender will call the note because of the due on sale clause.
Corey Laboon
Wood flooring for rental property
2 February 2018 | 6 replies
Easy to install and very durable and shows really well so your rents will reflect a little higher.
John Public
Turnkey rehabbing
21 November 2007 | 7 replies
My contractor painted the old ones and made them look good, bought partials and painted them so they looked (almost) the same, but I paid for ALL new cabinets.When I went back to the contractor after i paid him and told him I expected new cabinets... well lets just say it would have taken more time and energy (and that is a finite commodity) than I was willing to engage, so I licked the wounds and made sure I didn't make the same mistake next time.The other thing with the "Flip that House" shows, their numbers only reflect: Expected sales price - Purchase price - rehab cost =profitWhat about carrying costs, realtor fees, taxes, insurance, etc., and the possibility that your buyer doesn't pay full price?
Andre' Arceneaux
Home Inspection (Roof)
11 June 2019 | 13 replies
Then the price of the property should be adjusted to reflect that there is no roof life remaining.