Taylor McClure
I’ve heard of buying pre-foreclosures, anyone have experience?
15 January 2025 | 8 replies
Summary; 95% of all pre forclosure owners refuse to even talk about selling inspite of the empending auction.
Marquez Cadet
Repair Costs Using Home Warranties
30 December 2024 | 3 replies
Home warranties can sometimes cover rental properties, but it really depends on the specific terms of the warranty and the provider.
Bob Willis
DSCR for acquisition of existing PadSplit
16 January 2025 | 21 replies
And the plan is to convert an existing Airbnb I own (and have run as an Airbnb since 2019) to PadSplit.
Ricardo Lemus
The rent does not cover all
19 January 2025 | 10 replies
If that covers the $400 I think you’r ahead.
Ken M.
NAR Says - Existing home sales fall to lowest level in nearly 30 years
24 January 2025 | 1 reply
NAR Says - Existing home sales fall to lowest level in nearly 30 years and Median housing prices rose to a record high"The National Association of Realtors released data that showed existing home sales declined to the lowest level since 1995 last year, with 4.06 million homes sold on an annual basis.Meanwhile, the median home price median home price rose to a record high of $407,500 in 2024."
Mike Levene
Most efficient source to pull funds from for a down payment?
23 January 2025 | 7 replies
I don't think enough people consider this aspect.Selling Stock: Selling part of your portfolio could work, but the 15% capital gains tax might make this an expensive choice unless the stock has underperformed or you’re diversifying away from riskier investments.HELOC: Using a HELOC on an existing property is a flexible and relatively low-cost option.
Thu Pham
Purchasing an existing Airbnb with future bookings
14 January 2025 | 25 replies
I purchased existing STRs that cash flow!
Logan Rhea
Thoughts if this property flip Scope of work is too low
23 January 2025 | 5 replies
Not sure what ($139.11) Wall plate covers $1.62 Garage door balance $1,185.01 Cheap paint brushes $3.89 Drywall anchors $8.21 Door finishing $1,400.00 Wall plate covers $5.48 Shelve brackets and air filters $60.58 Stair refinish $560.00 Door handles-dummy $41.30 Door handles-dummy, angle finder, Paint for countertops $123.40 Front door handle $152.55 Door finishing $350.00 Window balance $10,993.20 Landscape lighting $246.15 Fixing exterior lights and plugs in office $150.00 Door stops and towel hanger $20.83 Ring doorbell $65.84 Light bulbs for chandelier $43.88 Hanging chandelier $49.00 Hanging chandelier $462.50 Vent cover $19.68 Gutter extender $6.16 Mailbox $447.21 Landscaping-Wanderwolfs $119.63 Landscaping $932.88 Gutter extender, 2x emerald green $110.43 Pebbles/mulch $86.54 Paver $125.12 Landscaping $521.31 Landscaping, gutter pop up $403.93 Landscaping-adjustment for 20% discount ($89.78) Beach pebbles, garden staples, Insect killer $135.59 Emerald Greens $72.94 Pebbles/mulch $100.06 Returned Festuca grass ($16.64) Mulch $11.49 Paver $41.71 Mulch $10.38 Front tree $900.15 Fence $5,690.00 Fence stain $667.05 encapsulation $3,165.63
Sabian Ripplinger
should i use hard money to grow quicker
23 January 2025 | 7 replies
Typically this means they will take longer to close, may not have all the information for the companies they work with, and most hard money brokers get their money by taking an existing product and adding extra points to pay their fee.What is your investor success rate?
Lauren Merendino
Pre retirement Strategy
27 January 2025 | 29 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.