Lance Johnson
Getting list of properties sold twice in 18 months
8 March 2024 | 9 replies
If so, it’s a really easy pull to see what properties closed with cash.
Noa Zell
1031 Alternatives for back to back escrow deal
8 March 2024 | 4 replies
I am looking to secure a buyer and close with both parties in escrow.
Andrew P.
cash out refinance investment property
8 March 2024 | 14 replies
Fannie Mae allows a borrower to transfer title to the property to an LLC that they are the majority members of after closing without it violating the due on sale clause.
Oli Cimet
House Hacking in the Bay Area - Advice for a Newbie
6 March 2024 | 16 replies
When deciding between investing out of state vs home hacking in Oakland, keep the following in mind.Oakland House Hacking:Proximity: Living in Oakland while house hacking enables you to maintain a close proximity to San Francisco, which might prove advantageous for property management and maintaining connections with the local market.Possibility of Appreciation: Property values in the Bay Area have increased historically, which is good for accumulating equity over time.Local market dynamics, tenant preferences, and potential obstacles might be simpler to comprehend when one is in a familiar location.Demand for Rentals: Oakland has a robust rental market, and you can discover good demand for rental units if you pick the appropriate property and location.Creating Local Connections: If you live in the Bay Area, house hacking can assist you in making local contacts with property managers, real estate agents, and other investors.Investing Out of State:Investing outside of your state may be more affordable and enable you to use the same funds to buy more than one property.A few out-of-state markets can have more favorable cash flow prospects in contrast to the pricey Bay Area market.Geographic diversity, which can help reduce risks related to market-specific variations, is made possible by investing in a variety of markets.Hiring a local property management business, which offers a more hands-off approach to property management, is often necessary for out-of-state investments.Remember, both options have their advantages and challenges.
Mo Nueman
Seeking Recommendations for Remote Property Assistance
7 March 2024 | 11 replies
Choose your top ~3 inspection companies, contact info, etc. and then when you're ready to start due diligence on a property, start with your top choice and then utilize your backups if needed for availability, coverage area, or whatever other reason.
Darron Allen
Just closed on my 1st investment property
5 March 2024 | 3 replies
Just closed on my 1st multifamily property.
Samuel Shostek
Seeking Feedback for New Networking Software
7 March 2024 | 18 replies
It's about putting in the hours, making smart choices, and, yes, leveraging that network you've built.You're right about the "hamster wheel" scenario many find themselves on.
Shawn Ta
NJ Long term rental
6 March 2024 | 1 reply
Particular neighborhoods of choice: So what are the particular areas I should focus on that is in a decent neighborhood and gives me good returns?
Connor McGinnis
Help Needed - bank won’t turn power on during inspection period
8 March 2024 | 11 replies
However, it doesn’t sit right to close on this property without having power on in one of the units.
Mark Koontz
Loans from Deferred Compensation Plan (Retirement)
8 March 2024 | 6 replies
Even if you assume a 30% tax rate on a 15% return you should generate close to 10.5% after-tax return, which is greater than the 9.5% borrowing cost and 8.3% opportunity cost of keeping the funds in the retirement account.