Angelo Proto
Investing in STRs
4 June 2024 | 23 replies
First and foremost offsetting w-2 income will only or mostly come from cost seg and bonus depreciation which currently is at 60%.
Thomas Jacobson
New to Renting Investment Advise
1 June 2024 | 4 replies
Financially we could cover the cost of the homes sitting vacant after we move if we do not find renters right away.
Franklin Graves
Refinancing options on flip we want to keep
2 June 2024 | 10 replies
$50k is not enough to make alternative financing work because even at an embarrassing interest rate the investor will only make a few thousand - not enough to justify the time, document prep, risk assessment etc.I'd suggest that you get a realtor to put up the money, take a mortgage plus a few points of the selling price.
Yasmin Lopez
Tree at risk of falling. Homeowner pays?
2 June 2024 | 23 replies
How much was the cost to remove it?
Tyson Scheutze
Insights From IMN: SFR East PT. 2
31 May 2024 | 0 replies
One owner is looking to exit to middle to high sevens on yield on cost.Cap exits are high 5’s, low 6’s for some Class A product.Turnover cost projections should escalate: $500 first year, $850 second year, $1000 third year.Consolidation and density of BFR assets can be an issue for insurance companies.
Taylor Holden
Carpet of vinyl for appraisal purposes!
2 June 2024 | 5 replies
It will cost about 2.5 times more on material as well as install, but something that will look nice & last you many years to come.
Kliment Krylovskiy
Converting a 2-fam in Jersey City into 2 condos - advice?
2 June 2024 | 6 replies
The process costs between $3000 and $5000 for an attorney to handle the "condo-ing" which requires a master deed and by laws to be drafted and all the filings for the association.
Corazon B.
Red Flag - House in MLS
31 May 2024 | 11 replies
Why is the Seller selling the property before fixing the roof?
Julie L.
Adequate protection as landlord
3 June 2024 | 7 replies
The owner’s $500k liability coverage wouldn’t have been adequate to address all the damages.An umbrella policy, often costing just a few hundred dollars, can provide an extra layer of protection and peace of mind by covering liabilities beyond your primary policy limits.
Josh Sturniolo
Rent or Sell?
28 May 2024 | 8 replies
You don't have a lot of equity in it after you factor in closing costs and realtor's fees.