Torre Samonek
Vallejo, CA - SFR with added Income Suite (ADU)
16 February 2022 | 16 replies
We finished the remodel, got great tenants, increased our equity by $110k in one year(unexpected), refinanced out of the PMI & then pulled a HELOC for 68k and used that money to buy a vacation rental in the Smokies with Avery Carls team, The Short Term Shop.
Anupam Banerji
Finding Lenders for Loans under 500k for out of state investors
28 September 2023 | 12 replies
If the 500,000 was not an accident, you should be able to find a lot of competitive.
Corbett Brasington
Min profit to flip vs wholesale
31 October 2023 | 6 replies
Flipping typically involves more risks, including unexpected repair costs, project delays, and market fluctuations.
Delicia M.
Need Advise on Money Pit - Should I Sell As Is?
3 April 2020 | 33 replies
You could still sell for a profit, Rent it out for a few years then sell, or offer seller financing and recoup some of the costs.Don't forget you will have to pay taxes on a flip.Always expect the unexpected.
Juan J.
Estimating rehab in Los Angeles sight unseen.
8 January 2016 | 23 replies
lolPerhaps, more seasoned investors might feel more comfortable doing this, but seriously, even the most experience investor should always expect (and prepare for) the unexpected when it comes to rehabbing a property!!
Karina Cao
First time MF investor and out of state: is under-construction properties a bad idea?
30 October 2023 | 6 replies
An under-construction property can be a terrific deal if you're willing to be patient and financially prepared for unexpected delays.
Roshan K.
How many of you are financially free?
27 July 2018 | 131 replies
By accident, ended up in the Air National guard part time which turned into a full time gig.In 1998, sold the mutual funds and started investing in individual stocks.
Carlos Martinez
Ups and downs with a join venture on your first rental property.
9 November 2023 | 2 replies
I have seen partnerships dissolve quickly and unexpectedly because clear expectations were not laid out from the beginning.
Tyler Wetherbee
Creative Loan for Rental Property
18 July 2018 | 9 replies
When things go well you could be ok but things can go bad very quickly for you when you have unexpected vacancies and repairs at the same time.
Cheryl C.
Rental property insurance - who do you use?
19 February 2012 | 40 replies
The accident just made me think about the dollar value of a possible claim/suit.