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Results (10,000+)
Roy Gottesdiener House hacking math doesn't add up
26 April 2024 | 21 replies
Presumably, equity will increase, and if all the experts are right, rates will go down leaving you with an exit option of selling or refinancing. 
Ben M. Closing costs in a wholesale transaction
28 April 2024 | 13 replies
In a wholesale transaction the seller is in some kind of financial trouble which the wholesaler is helping to resolve.You have two options an assignment or a double closing:I haven't done an assignment myself so not sure completely of the process, but in a double closing there is already a contract with the seller and the wholesaler who is fixing the liens on the title, when that is resolved there is a closing date where the wholesaler execute the contract with the seller and you execute the contract with the wholesaler.In general the closing cost in these type of transactions are covered by the buyer which it could be around 3.5% and it does not include sales agent fees.There is one thing that I didn't understand, it seems that the hard money lender is in charge of the transaction.
Thomas Talbert Need some BIGGG Tax Breaks
26 April 2024 | 12 replies
Hey Thomas - I'd highly recommend speaking with your CPA and an Investment Sales broker about your options when it comes buying an STNL deal to utilize depreciation.
Sridhar D. Tenant keeping apartment untidy and unsanitary
27 April 2024 | 7 replies
IF you lease the unit now, you are likely to get a lower quality tenant & quality of tenant is everything4.
Chris C. modular home repair questions
28 April 2024 | 19 replies
Although there are companies who use lower standards (paneled walls, presswood floors, etc), the companies I have worked with in Florida use higher end materials like tongue and groove plywood floors, 100% drywall construction with 2x6 walls, spray foam wall insulation, granite counter tops, etc...and then we delivered them in 2 pieces via semi truck (or as many as 8 pieces depending on size and number of floors).
Sophia Boro Why do some investors allow unpermitted work?
26 April 2024 | 52 replies
I believe the case now heads back to lower courts again!
Yinan Q. Two LLCs own one property?
27 April 2024 | 19 replies
I find that these agreements spell out duties and responsibilities without relinquishing any security for the investor and they can spell out any number of options when things go wrong.
Lacey A. Lower Insurance Premium with Safeguards Written into Lease
23 April 2024 | 1 reply
Has anyone had any luck in lowering their insurance premiums by providing the leases, that include a long list of safeguards, to their insurance company?
Brett M. What happens with "last months rent" if tenant resigns?
27 April 2024 | 6 replies
I guess the upside for option B is they they could get a little short term cash but then they resign they will be hit with a larger bill.
Dustin Owens Advice/ guidance needed starting out with $100k
25 April 2024 | 25 replies
Command a lower price when you can.