Zachary Bellinghausen
401k Swap to Self-Directed 401k
6 March 2024 | 7 replies
@Zachary Bellinghausen someone close to central FL who is an expert on Solo401k and real estate is Adam Bergman, IRA Financial Group, tax attorney and owner of company.
George A. Tomlin
Confused in Alliance Ohio
6 March 2024 | 2 replies
You would most likely need to just refinance with the VA loan and have a transfer deed changing ownership at closing.
Curtis Baker
North Shore VS Merrimack Valley VS Southern NH
6 March 2024 | 4 replies
I am on my second house hack in Beverly Ma (North Shore) and both cost about 75k all said in done (closing, dp, reno costs, etc.).
Cj Yu
Best neighborhood around Pittsburgh to investor who wants to buy and hold?
6 March 2024 | 5 replies
Wonder who can give some advice about which neighborhood close to downtown Pittsburgh is the best to invest in.We wants to buy our first rental property (eyeing for residential/ multifamily).
David C.
Multifamily prices drop by 20% when interest rates go up by 1%
6 March 2024 | 1 reply
Prices soften a little....but no where close enough to offset increased borrowing costs.There are basically two logical flaws that lead people to the conclusion that rising rates equates to equally low prices.1) They assume that other investors have the same borrowing costs that they do.
Brian Dvorak
My Tenant Wants to Buy the Property through Seller Financing
6 March 2024 | 8 replies
Using an attorney to prep docs and close is always smart.
Oli Cimet
House Hacking in the Bay Area - Advice for a Newbie
6 March 2024 | 16 replies
When deciding between investing out of state vs home hacking in Oakland, keep the following in mind.Oakland House Hacking:Proximity: Living in Oakland while house hacking enables you to maintain a close proximity to San Francisco, which might prove advantageous for property management and maintaining connections with the local market.Possibility of Appreciation: Property values in the Bay Area have increased historically, which is good for accumulating equity over time.Local market dynamics, tenant preferences, and potential obstacles might be simpler to comprehend when one is in a familiar location.Demand for Rentals: Oakland has a robust rental market, and you can discover good demand for rental units if you pick the appropriate property and location.Creating Local Connections: If you live in the Bay Area, house hacking can assist you in making local contacts with property managers, real estate agents, and other investors.Investing Out of State:Investing outside of your state may be more affordable and enable you to use the same funds to buy more than one property.A few out-of-state markets can have more favorable cash flow prospects in contrast to the pricey Bay Area market.Geographic diversity, which can help reduce risks related to market-specific variations, is made possible by investing in a variety of markets.Hiring a local property management business, which offers a more hands-off approach to property management, is often necessary for out-of-state investments.Remember, both options have their advantages and challenges.
Kevin Miller
Pa section 8 anyone an expert?
7 March 2024 | 14 replies
After all is accepted by the Housing Authority with the booklet, they will schedule an inspection where they come out and check a list of items including looking for peeling paint, windows open/close/lock, smoke detectors /co detectors / fire extinguishers all in the right locations, GFI receptacles in the correct locations, grounded receptacles if 3 prong (ground not needed if 2 prong), and the list goes on.
Eric Hipolito
DSCR Loans / Lender Recommendations
6 March 2024 | 13 replies
DSCR is also popular among investors because you are able to close in an LLC and you don't hit a max amount of loans like you do with conventional financing.
Gerald J Flattmann III
Looking for real estate agents in Arizona
6 March 2024 | 3 replies
I really go the extra mile to help out of state investors to understand our large metro market, and then close on a property successfully no matter where they are.