Lewis Thompson
DIY Airless Paint Sprayers
22 October 2020 | 6 replies
I would recommend a sprayer with at least 3000 psi and that can support a tip size of 515 or 517. 517 is your most common/all around beginner tip size for both interior and exterior.
Jonathan Feliciano
How to qualify for a second FHA Loan?
16 October 2020 | 7 replies
Obviously you'll want to confirm any of this with your lender, but this at least gives you something to prepare with.The common items in the article are either relocation or an increase in dependents, but it also mentions if the LTV on your first FHA loan is in a good position that will be considered as well.https://www.fha.com/fha_articl...
Christopher Brown
Legal entity and business bank
22 October 2020 | 9 replies
@Christopher Brown the question of legal entity is (obviously) a legal question, and if you're going to do real estate you'll need to form a relationship with a real estate attorney anyway, so I'd recommend you find a good real estate attorney (I can recommend a few in RI if you don't know any) and ask her/him.As a "general rule", for an active business with earned income such as wholesaling, an S corporation (either an actual corporation or LLC taxed as an S-corp) is commonly recommended, and a flow-through entity such as a single member LLC, partnership LLC or trust is commonly recommended for holding rental properties (rental income).There are subtleties between the right entity for legal protection, and for tax effectiveness, and the right answer for you and your situation might not be the right answer for someone else, so it's really a good idea to consult with an attorney and tax advisor about your specific situation and plans.
Owen Dashner
Escalation Clause Craziness
17 October 2020 | 6 replies
Escalation clauses have become much more common recently due to the extreme lack of inventory.
Bryan Brooks
Any Pointers on Selling an Investment Property w/ Tenant
28 October 2020 | 11 replies
It's actually very common for an owner of an investment property to sell mid-lease.
Paul Spagnola
Flipping costs estimator
18 October 2020 | 4 replies
Same for most common structure repairs.Also, not knowing the tool, where does it get the costs?
James Conaway
Replacement valuation estimate for insurance
20 October 2020 | 6 replies
In texas for example we commonly see 115-140 per foot for insurance value.
Kevin Fritz
Determining the "Cost" of One Additional Housemate
17 October 2020 | 0 replies
We are looking for insight regarding calculating depreciation/wear/repair costs of common use items (refrigerator, freezer, W/D, gas fireplace, A/C, furnace, oven, stove, dishwasher, water heater, water softener, etc.).
Jared Hettler
Is a quiet title necessary?
28 October 2020 | 14 replies
If there is a defect during the sale process (which is common), the court will protect everyone else before the buyer.
Corey Smithfield
Finding REOs on the MLS
19 October 2020 | 8 replies
Yes the MLS does have these search tabs but I wasn’t sure if it was common for agents to code the listing wrong.