James DeRoest
12v lighting wiring and NEC
This is for my home that I'm renovating at the moment, not a rental. Just so we're clear.I want to put in a set of high ceiling lights, but going 12v led rather than full blown 110v downlighters. There will be about 6...
Rijm D.
Where to park my Heloc money till ready to invest?
Getting a Heloc, hopefully around 120K. It's a fixed loan product, need to borrow full amount by end of Feb to take advantage of 10y at 4.49%. It being long term and fixed is perfect for what I intend to do with it, j...
Nick Militello
Hard Money Contracts
I am looking to ask family for a hard money loan for a property. My self employed status and 2020 tax return are making a conventional loan difficult. Is the a template document available to use as a contract? If not,...
Stephen E.
AC Issue
I have a townhouse with a 20+ year old air conditioner and furnace. My tenant reported that if she set the thermostat at 75F the system would cycle on and off as is normal. However, when she set the thermostat at 74F ...
Juan Rodriguez
Rising property taxes lead to the next real estate recession?
There is a lot of focus on inflation, rising home prices and rising inflation. But will it be rising property taxes what will lead to a real estate sell-off and potential real estate recession? Based on latest tax ass...
Brandon Tarby
Raise lot rent or back bill utilities?
Buying a MHP where lot rents are a decent amount under market value, around $100-200 under. The owner also pays water/sewer. I don’t want to go in spike the tenants monthly payments right away but something needs to b...
Timothy Burns
section 8/HCV market rates
Hi guys, if you are aiming to do section 8/HCV with a property, and you know the fair market rent rates that the housing authority governing your property uses, how do you know what to ask for rent and how to screen f...
Angel Dejesus
Heloc or Credit line whats the Difference when you have a multifamily
Hearing people say I have a credit line to pull money out incase i need it for a deal. Speaking to a banker just left me confused as she was tap dancing around the Question when i asked her to clarify. Am i looking to...
Brian Johnson
How can I lower my monthly mortgage for my duplex?
Hi All!I have owned a duplex now for almost 4 years. It was my wife and my first home purchase in Wisconsin, and it's been awesome to have the capability to have an owner occupied place coming from living in one bedro...
Byron Kearns
I Need help analyzing and financing my first deal
I have recently talked to a property owner of a home in the Philadelphia area and her asking price is 130k. The property is a three bedroom two full bathroom corner house that is a little outdated. The property’s roof...