Brandon Cao
Philadelphia Rental License -- Still Rent Without?
18 April 2024 | 33 replies
Also, I would highly suggest that you go in person with your application to the Municipal Building in Center City, it will take over 5 weeks if you mail it through snail mail.
Nolan Gottlieb
Lending Money as 1st Position tax question...
20 April 2024 | 7 replies
I lend as a 2nd lien holder (in Florida mainly) because the returns are huge but I am comfortable with high risk as well.
Sahil Rajput
Cannot find cash flowing deals in CA
18 April 2024 | 83 replies
The interest rates are high now.
Nathan Stone
Is Homeroom property management any good?
21 April 2024 | 22 replies
Their neighborhood selection process is key in affording investors a home in an area that instantly produces positive cash flow and high probability to earn above average market appreciation over the long term.
Hannah Potter
When to hire a CPA?
19 April 2024 | 15 replies
Note not tax advice, this is more for the high income earner...Simple Scenarios: Using TurboTaxPrimary Use: TurboTax and similar tax preparation software are best suited for relatively straightforward tax situations.
Chad Price
Home Insurance on Vacation/Rental Home
18 April 2024 | 2 replies
Any suggestions on insurance companies that specialize in Homeowner Insurance for investors that have a part-time vacation home that also serves as a rental property?
Alazar Wubet
How do you source your deals? Long post
20 April 2024 | 9 replies
Generate a list from propstream of the kinds of properties you're looking for (high equity, certain size, location, age, etc).
Sharon Supera
To keep or to sell
19 April 2024 | 3 replies
If the cost is high and you're not getting sufficient ROI, it might not be worth the additional debt or investment.Tenant Considerations: Frequent repairs and maintenance requests from your tenant indicate that the property might be challenging to maintain.
Hoa Nguyen
HELOC vs Hard Money for a flip
19 April 2024 | 11 replies
Hi Hoa,- Hard money is fast efficient, expensive, it has high rates and points and shorter term 6-12 months or less typically with extensions available- HELOC typically has no points but prime + 2-3% margin right now is almost the same rate as hard money and closing costs are a lot less than hard money and you can rinse and repeat and reuse it after paying it off so yeah overall its better than HML (hard money lending)Thats just the beginning of your research, the reality is in real life you might need both sources, make sure to have both ready and start with the best execution or option first and always be ready to use the others if the need arises.rehabbing is messy AF especially on older housing Illinois housing stock from 1895-1940's.
Abena Edusei
Seeking advice from like minded people like myself!
17 April 2024 | 9 replies
Born and raise in Middlesex county and all we have here is single family, townhomes or apartments which are heavily on the rise right now.