Luke Saseen
Intention Journal - BRRRR
2 August 2022 | 5 replies
After 7 months of eliminating the bad/headache tenants using the “cash for keys” along with rehabbing 4 apartments we are almost back to 100% occupied.
Varinder Kumar
$30K to invest, any suggestions?
20 January 2020 | 5 replies
You want to be sure you deploy that money in the most effective way possible.
Mark S.
Syndication Check Payable to Trust: Depositing to Personal Acct
21 January 2020 | 6 replies
My personal accounts have a POD/TOD beneficiary, so for purposes of easy transition upon my death (and to keep things simple - at least that was my goal) they effectively function the same way as a trust account would (only they're not technically trust accounts).Most of my periodic cash flow from these syndications comes back into my personal checking account via ACH.
Jaron Walling
I'm 33 and don't want to go to work
17 January 2020 | 99 replies
I'll work extra hours if it means eliminating, or at least drastically reducing, childcare costs.
Kevin Romero
Im looking for advice on getting started..
14 May 2020 | 21 replies
If you decide to keep the property you can refinance into a conventional loan and hopefully you have enough equity to eliminate the PMI/MIP.
Andrew Politte
Introducing myself. Wilmington, NC Designer to Invest and learn
17 January 2020 | 9 replies
I considered taking the FHA route.Since I have the project managing experience my sights were set on a two bedroom one bath that I could make a three bedroom two bath down the road.Now taking this to a business level vs personal level- that's the basic backbone of the business.I can do the drawings, have experience with the individuals that handle permitting, and the process, and then can directly reach out to subcontractors as the owner of the property to facilitate the rehab and/or addition.My own research has led me to believe that rental rates (I also have personal experience with these) and low vacancy due to over demand should prop up this model effectively.
Rebecca Cohen
Tenant got a puppy w/o approval, gives me BS service animal reg.
19 April 2021 | 21 replies
It attempts to eliminate bogus service animals.
Arturo Rodriguez
First time investor having trouble finding leads
6 June 2021 | 23 replies
Would you care to elaborate on which metrics you find to be the most effective to target value-add properties with sellers who would be motivated to sell their homes for 65-80% under market value?
Francesca Tindal
Sell or Borrow from Equity
16 January 2020 | 2 replies
One thing you'll need to look into is how would having a mortgage on the rental in SC effect your DTI and your ability to qualify for a mortgage?
Micheal Patterson
Capital Gain taxes on military VA loan?
4 July 2020 | 16 replies
Read these links (hope they work) and of course, consult your tax professional.Two blogs that talk about this situation.https://blog.militarybyowner.com/important-tax-matters-for-military-families-when-selling-or-renting-a-homehttps://blog.militarybyowner.com/the-effect-of-capital-gain-tax-exclusions-on-military-home-sellersIRS Topic 701 - The Sale of Your Homehttps://www.irs.gov/taxtopics/tc701IRS - Publication 523 (2018), Selling Your Home - which outlines the exclusions.https://www.irs.gov/publications/p523#en_US_2018_publink100073089