Johnnie Fair
Screening for voucher housing
23 June 2024 | 7 replies
The last place she gave me was her grandparents home.
Aashrit Luthra
Negative Cash Flow Impact on W2 Income Taxes
26 June 2024 | 2 replies
I'm looking to buy a new construction home in CA for $750,000 as an investment property (around 8% interest rate) with 20% down.
Rehaan Khan
Which Insurance for fix and flip homes?
22 June 2024 | 5 replies
Which insurance to use to cover a home that’s being fix & flipped?
Trey Onufrii
Looking at 2 hilltop lots to build. Which location is overall better investment?
25 June 2024 | 1 reply
I'm currently looking at 2 hilltop lots in phoenix to build a dream home. 1 is located at Lookout Mountain and the other on Central & Jomax.
Dylan Cook
Greetings everyone nice to reach out!
26 June 2024 | 10 replies
I’ll talk to the wife and check our schedule when I get home.
Derek Bleam
Questions about starting an LLC
26 June 2024 | 18 replies
I’m in the process of buying my 3rd property, which will be my primary residence for my family and I, it will be our permanent home for a lil while.
Corey Reyment
Where are the war zones?
26 June 2024 | 2 replies
It's easy to see when you drive around, but you can also just filter for homes under 150k on any real estate website and you get an outline of those areas.
Aqsa Mughees
Need guidance for house flipping
26 June 2024 | 12 replies
Foreclosures, short sales, and off-market deals can provide these opportunities.Target up-and-coming neighborhoods with increasing home values rather than already hot areas.Research comparable recent sales and get an inspection to accurately estimate the after-repair value (ARV) before making an offer.Follow the 70% rule - the purchase price plus renovations should not exceed 70% of the ARV to leave room for profits after selling costs.Focus renovations on maximizing returns - kitchens, bathrooms, curb appeal rather than over-improving.Hire experienced contractors and have a project manager oversee work to keep things on schedule.Price the renovated home at or just slightly below comparable recent sales to facilitate a quick sale.
Zachary Sales
Need advice on tenant vacancies
24 June 2024 | 7 replies
However when I think logically about depreciating damages I use this as an example:If I built a house and rented it for 28 years without making any improvements, the tenant could burn the house to the ground and not get charged one penny because the entire house was fully depreciated down to $0.
Lee Vang
New Investor looking to learn!
26 June 2024 | 9 replies
Recently, I accidentally got back into it because I own a home and plan on renting it out.