Max Amillion
Best cost effective tub / shower walls for apartments?
14 May 2024 | 2 replies
Looking for something cost effective for tub wall surrounds in apartment units with as little seams as possible.
Steve Steve
New investor in Iowa & Illinois. (travel nurse). want help house hacking or AirBNB
16 May 2024 | 17 replies
I want what would make the most sense to increase my wealth, and would like to make a few goals to work towards/budgeting.
Griffin Malcolm
Help with Flip vs Rental Analysis
15 May 2024 | 4 replies
If we crush the rehab I think we can even push closer to 200Cash-Out Refi Amount: $131k (75% LTV of the conservative 175k figure) Profit if done as a flip: 60k. (175k - 115k purchase price & rehab)Cash Invested: 18k (This accounts for $7,500 for down payment to lender, $2,000 in EMD to seller, lender fees, inspection, insurance, title, projected 3 months holding costs at $1000 per month)----------------------------------------------------------------------------If I do it as a flip, from what I understand, I'll be hit with a ridiculous tax bill (24% short term capital gains + 15% self-employment tax), leaving me with roughly $36k after-tax profit. 36 - my 18 invested leaves me with 18k increase to my net worth.
Susan M.
Eviction "dismissed without prejudice"
17 May 2024 | 25 replies
Went from $895.00 to an almost 50% increase in rent plus a $50.00 utility back and no new amenities.
Lacy Williams
Questions about inherited properties
18 May 2024 | 1 reply
My guess is the S Corp hasn't been kept current...Get a copy of the Trust/will/ whatever you can.These problems can cost a fortune.
Marcus Clouse
Does hardmoney lender ask for building permit for spec home before you own the land?
15 May 2024 | 10 replies
We usually like to see the land purchased and the permits in hand before we fund the construction phase, but the amount spent on the land and other soft costs go towards the down payment.
Nate Moross
Taxes On Credit Card Debt As Investment Funds
16 May 2024 | 1 reply
Think about it like this: Anything that is an increase in wealth is usually taxable.
Aaron Gallington
80% LTV Duplex Cash out refi
15 May 2024 | 8 replies
In other words, if going up to 80% vs 75% cost 2% additional points up front and half a point in interest rate higher is that extra leverage worth it?
Duane A. Snow
Need funder - What if we split profits?
15 May 2024 | 14 replies
I know you can buy properties faster by leveraging money from others, but I think it increases the risk.
Cole Soreano
Combining households with my 67 year old neighbor
17 May 2024 | 4 replies
My understanding is if you inherit a property you get a step up in cost basis.