David Zheng
Accidental $291k cashout refinance... Biggest BRRRR Deal yet!
23 March 2017 | 237 replies
The true headline is that you were willing and able to purchase the property and took massive action with limited due diligence and little rehab experience.
Michael Wade
Tenants' side of duplex won't stay warm in MN wint
12 June 2023 | 31 replies
On the left the crawl space is small, leading to another access point to further crawl space beneath another room; the access is constricted by stone foundation and I am unable to enter that portion.The following pictures show the crawl space on the right side of the hallway; the section is split by a massive (4x8?)
Jay Hinrichs
3X income for for C D class rentals is it out of date?
25 May 2022 | 11 replies
Financial obligations (bank payments + rent) as a percentage of disposable income is at a 40-year low.The average household wealth of the bottom 50% of households is at a historic high...there is no comparable period whatsoever.If you back out real estate gains, net worth is over 100% higher than pre-pandemic levels for the bottom 50% of households.Bank deposit balances of the the bottom 50% are $10,000+ and $3,000 above pre-pandemic levels, and kept increasing in 4Q21 after 3 quarters of increasing inflation and lower fiscal support payments.Nominal wage growth for the lowest income quartile is growing at the same pace as inflation (most important stat on the page).2020 had large gains in real wage growth; so, even though real wage growth is severely negative for the past year, the 2-year trend is break even.If real wage growth is -1%, it would take ~6 years to burn off the excess savings of the average bottom 50% of households.
Lucas Gonzalez
Thoughts on turnkey investments
6 January 2023 | 36 replies
Low property taxes, excellent unemployment rates, massive medical influence, and relatively low prices.
Greta Andrews
What is your experience witha 203K loan?
2 August 2023 | 7 replies
HUD/FHA Lender List (enter your search radius criteria and put a checkmark next to 203k) & the 203k Endorsement Summary Report (click on Sept 2021 for the fiscal year data).
Jared Robbins
Multi-Family Property Development
30 July 2023 | 8 replies
Flipping a duplex for a first timer is a massive endeavor.
Dana Hagans
House Hacking to start out in the investment game
31 July 2023 | 10 replies
The good part about investing where you are is the massive upswings of appreciation.
Trevor Candice
New San Antonio Investor/owner occupant
11 April 2023 | 8 replies
I was looking at the ADUs but the fact that they stop being adus once the owner moves out seems like a massive headache.
Pramod Yash
Market Selection Criteria
1 February 2019 | 15 replies
No more fiscal stimulus and corporate debt overhang that cannot be rolled.
David Siegel
CPA referral for Airbnb
9 July 2022 | 2 replies
Hey David,Finding the right real estate specialized CPA is a massive game changer.