Erik Pfundstein
South coast real estate market ranked among worst?
21 September 2018 | 11 replies
Which most true investors agree is nothing more than speculative investing.If you look at the lowest ranking cities on this chart you will find that just like Fall River and New Bedford, these cities are providing the highest and most stable “Return on Investment” in regards to monthly cashflow.In Real Estate Cashflow is king and as an investor, Fall River and New Bedford currently have the most stable Cash on Cash potential. in the situation of another market crash, these properties are less likely to be as effected as the more appreciation focused markets like Boston.I hope this helps and if you are serious about investing here on the southcoast feel free to reach out and we can discuss your goals and the strategies that are working in this current market.Cheers to our success!
Moe Soliman
Should I have an Escrow account or not ?
10 September 2018 | 4 replies
I'm a physcian and very busy at work, but if there is any advantage other than having a stable monthly payment instead of a mortgage payment that changes each year then I'll try it out for this coming investment.
Jonathan White
Alaska REI Tax Specialist sought?
6 July 2019 | 6 replies
Personally, I don't see the benefit of contracting this work out unless you're dealing with 5+ Schedule E's and need someone to plug and chug.
Catherine Morel
Legal contracts on rehab properties
29 September 2018 | 3 replies
You will need to contact your A and E at the clerk office and most services you contract like a plumber or electrician can also help you out as well and also an inspector.i would start with A and E and then inspector.
Chris London
Rolling commission back into closing and prepaids
23 October 2018 | 1 reply
This question is for those that are able to earn commission (R.E. agents) and buy their own properties.In NC the commission is funded at closing it appears (unlike some states) and I am trying to use it to pay my closing and prepaids.My lender seems to be fine with it and I just e-mailed the attorney to confirm.Who does this and is there anything I should be aware of?
David Klein
House/Agent being difficult
23 October 2018 | 8 replies
As far as the failed CO, that should be an easy reply to you and a quick e-mail of the copy of the CO.
Larry Wilson
A new 18 yr old investor, looking for rental property help
9 January 2019 | 4 replies
Things such as taxes, insurance, property management & landscaping are relatively stable but will vary per property.
Nita Martin
Should We Purchase This 100 Year Old SFH Turned Into a 4-Plex?
28 January 2019 | 18 replies
@Lynnette E.
Steve Weinstein
HELOC on Investment property
3 February 2019 | 14 replies
In that example, the interest on the HELOC would be deductible (on Schedule E) against the newly acquired rental property because it’s a business expense for that new rental.