John Carbone
What’s the new gross rental multiplier in smokies?
When rates were low, I know properties were trading up to a 10x multiple for gross rental income around here.Does anyone know what is actually selling and at what multiple and are there still cash buyers with over a m...
Stephen Grindle
Using a Self-Directed IRA to invest
Hey friends, I'm considering using a Self-Directed IRA to invest in a short-term vacation rental. So two questions: 1. Should I transition my current Traditional IRA to a Self-Directed ROTH IRA or keep it as a Self-Di...
Samantha M.
Pink and Green Bathrooms
Out of curiosity, does anyone know why pink and green bathrooms were so common in older homes? Was it a matter of popular style back then, was there some sort of money saving component? I would like to know if anyone ...
Johann Jells
Can anyone explain this cap rate calculation methodology?
This was part of our new assessment on a >4U multi. I can't figure out why they have anything about mortgages in their cap rate calc, I thought cap rate was on a cash deal, where you got it was your business. They ...
Tom Krol
How to Hustle Your Way to Success
In order to succeed in the business of Wholesaling houses, there is one thing that you need to possess above all else. I’m sure you’ve heard the term “Hustle” but have you ever really given it much thought? Is the ide...
Adam Goldberg
Solo 401k for Unemployeed/Stay at Home Mom?
Hi All,
My wife and I are about to have our first child and she may not be going back to work. Simultaneously, we are about to start the search for our first home and either flip or rent after 2 years. We were going ...
Justin D Schwartz
Insurance company harassing me
Hey guys,I'm looking at buying a 4plex but I have a few concerns.My last duplex I purchased back in January had an older roof, older water heater, and older AC system (air handler). The insurance company started givin...
Jenny Moore
Need Help with Note-Servicing Mortgage
Our company is the lender for a property and I handle the accounting of the note. I am one of those people who needs to get things right and understand it from top to bottom. Although I have been in accounting for 25 ...
Lincoln Slonaker
Off the market deal I found. Do you think this has potential?
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Dane Hovey
Newb from Asheville, NC and moving to Durango, CO
Been a while since I posted on a forum! Anyways, I just finished "Set for Life" and was inspired to get more involved in my financial future. Long story short, I purchased my first "starter home" with my now ex-fiance...