Mark Mounsey
Newbie investor moving to Holland, Michigan in July 2021
25 May 2021 | 8 replies
A lot of fantastic material from both.
Sean Byrd
Buy A QuadPlex with NO seller's disclosure
13 May 2021 | 26 replies
They may bring something to light that you didn't know of, and they may jog the memory of the seller when filling the form out, but they may not.While the law in my state states:“where the seller of a home knows of facts materially affecting the value of the property which are not readily observable and are not known to the buyer, the seller is under a duty to disclose them to the buyer.”There are a ton of things that the seller forgets or "forgets" about, didn't inspect, or willfully tries to not disclose.
Cristobal Fernandez
Foreclosed homes and loans
15 May 2021 | 2 replies
Loans are tough for these as typically you need cash/check the same day....either right then and there or shortly after the auction.If you are thinking about REOs where the bank/lender took the home back at the auction...then financing might be possible.
John McAllister
Buying Materials from LOWES - Thoughts???
13 May 2021 | 2 replies
For example, I save 15-30% on electrical materials and 10-25% on plumbing materials.
Darrel Hernandez
Looking to connect with Realestate Investors in the Chicago area.
13 May 2021 | 12 replies
There are plenty of other ways to invest but if you find a good GC, and someone that can help you identify the right properties with upside, BRRRRing is tough to beat.
John McAllister
Can I use a LLC to remodel my home that I bought and use expense
22 May 2021 | 4 replies
(Well, you can deduct the sales tax paid on materials, but it's either a minor tax benefit or none at all)However, if your company is paid for work, that income is taxable for the company.
Nathan Gesner
Oregon extends rent repayment another year!
19 May 2021 | 95 replies
@David DachteraIf you want to disagree something do it no need to get personal on the internet tough guy.
Chou D.
High Density SFH Greater Sacramento
18 May 2021 | 8 replies
Finding the right tenants is key and can be the difference between an easy or tough experience.If you are looking for cashflow, looking a small multifamily maybe something to consider as well"The Book on Managing Rentals" by Heather and @Brandon Turner is a book you can start off with https://store.biggerpockets.co...
Krishna Vakk
6 Unit Investment Property
14 May 2021 | 6 replies
Hi, I came across a 6 unit property here in PA and the landlord is having tough time to sell as it comes under commercial lending.
Jamie Yan
Keep focused or explore a new market?
12 May 2021 | 5 replies
I've started to considering that criteria change, tough pill to swallow, but what can ya do in this crazy market!