Ludovic Ott
Refinance loan to pull out downpayment
16 October 2019 | 6 replies
@Ludovic Ott You would be able to essentially take out your down payment through a cash out refinance, but your property will need to have increased in value enough to do so.
Juan Avalos
BUY NOW or WAIT? COVID-19
23 March 2020 | 5 replies
In California the Governor just issued an order that all non essential workers must stay home.
Leigh Harris
How does a newbie put in offers without looking at property?
24 April 2020 | 31 replies
Cash will be necessary whether it's to float a long term rental experiencing abnormal vacancy, or to provide a contingency fund to cover cost overruns on a remodeling project.It takes time, but knowing rehab costs is essential if value-add is your goal niche.
Melanie Johnston
Includes Real Estate in Essential Services - Phoenix
24 March 2020 | 2 replies
Doug Ducey listed "essential services" that would be prohibited from closing...in other words, allowed to continue to operate.Real estate was included in "Professional services, including legal, real estate and accounting services."
Erica Redcross
COVID-19 is killing my progress on my flip
5 April 2020 | 6 replies
However, last week inspectors were deemed essential in California so just keep calling.
Tanner Johnson
How to deal with the dictatorship
26 June 2020 | 6 replies
These are going to be my tenants in my house and the only one I trust with their safety is me.
Daniel Walton
The Ol Knob and Tube
23 October 2020 | 5 replies
I understand the additional safety concerns it can possibly bring as well as possible inefficiencies in a property.
Soniel Estime
If you could house hack anywere, where would yo do it?
19 November 2020 | 24 replies
To me, that means you're going to have a large pool of residents who can't afford to rent a whole place and who aren't against living with others -- essentially, you've got a large pool of potential house-hacking/rent-by-the-room tenants.
Alyxandria Welch
Rent payment question
2 November 2020 | 16 replies
(Or, they sell you a wire transfer for $30, but run it as an ACH for $0.40, and keep the $29.60...)One thing I've experienced with a couple of different online money-transfer things is that usually the service deposits a few small amounts into your account, asks you what the amounts were, and then withdraws them again, in order to verify that they're connected to the right bank account; it's essentially a PIN done with pennies.
Kia Afshar
Options to release suspended passive losses
15 November 2020 | 1 reply
They essentially work exactly the same as properties that you invest indirectly: if you depreciate they throw off losses in early years (especially if you accelerate depreciation in which case they can throw off more passive losses than they produce in income).