Isadore Nelson
Thoughts On Buying A Rental For 60 K In Philadelphia?
27 July 2024 | 26 replies
"you're leaving out lots of expenses. that is not how cash flow works""the lowest prices are going to be in the most challenging neighborhoods... which will come with additional challenges"Would you mind to break that down for me with more specifics?
Michael Kaminski
Getting a loan for a primary mortgage but not moving in for 120 days
26 July 2024 | 1 reply
So we are looking at purchasing a home (new primary residence) but we will be leasing back to the current owner for 120-150 days as the current build they are working on is being finished.I was told if I apply for a mortgage and disclose that it will not be my primary residence outside of 60 days from the point of contract that it will require a larger down payment and a higher interest rate.
Cory Miller
Sub-To Purchase to Airbnb
26 July 2024 | 0 replies
Always present alternative options Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Nancy Durso
Why Use OPM (Other People's Money)?
26 July 2024 | 2 replies
He was over-leveraged, the rules changed, and he went from a multi-millionaire to bankrupt in a matter of months.Wise investors work hard, save up, and put skin in the game.
Ryan Daulton
Are Utilities included in MTRs
26 July 2024 | 10 replies
I wonder if this tactic could still work if you set rent at $2300 utilities included or $2000 with utilities billed separately through RentRedi/Tenant Cloud/Whatever You Use?
Jesse Burns
Division of Assets During a Divorce
27 July 2024 | 2 replies
This can be less adversarial and often less costly than going to court.Given the complexities involved, especially with real estate investments and an LLC, it's advisable to work with professionals who can guide you through the financial, legal, and tax aspects of the division.
Youssef Labib
Texas REIAs Big Dog Program (Phill and Shenoah) Feedback?
27 July 2024 | 8 replies
Having worked in and around real estate including loan side for both residential and smaller specialized commercial (medical), renovation and new construction/new build with a broker & brokerage founder (who has since retired) I know from him that in addition to reputable property managers, contractors and architects we had accountants including a forensic accountant on the loan side and a handful of real estate attorneys with one on retainer.
Ernie Be
Would you do this on your property?
26 July 2024 | 2 replies
How do you work the verbiage to tell the story of what the experience can be like for your guest.
Orane Jacobs
House Hacking in El Centro
26 July 2024 | 5 replies
I would try and connect with someone who can hep you ID a home type and strategy that would work in your area!
Lauren Hogan
Why Do You Invest in Mississippi & Jackson?
27 July 2024 | 50 replies
I'm working on building a landing page for Mississippi and the city of Jackson.