Dave Poeppelmeier
Buying Insurance vs Self Insured
For Investors with a significant number of SFH, do you still buy Home Insurance or do you set aside money to self-insure? Most of my properties have loans on them, so I need to keep insurance but as I pay them off, it...
Clay Tolbert
South Philadelphia Reno Costs/Time
Hi All,
Wanted to see if anyone has recently completed a studs out renovation who can speak to associated costs in South Philly (19148)? This will include all-new systems, shooting for just-above-standard finishes a...
Nick Cooper
Conventional loan says I must occupy the home for 1 year.
I just closed today on my first property. We done a conventional 30 year loan and at closing there was a paper I had to sign that said I must have the home as my primary residence for 1 year. My wife and I are thinkin...
Luke Stone
Potential Flip: Engineer's report not able to level foundation
Hey all,
This is my 1st post, but I have been following the site for almost year. The information is great, but I've got a question about a potential flip that I can't find any info on.
I am in the Dallas area and t...
Will Barnard
Mitigating Risk, a point of view discussion
In a recent thread, one member asked the other member the following:"I'm curious as to how you mitigate your risks? I totally understand using your own money has far less headaches than dealing with the banks or priv...
April VanCleve
How much is enough?
My question... how do you all know how much reserves is enough?? What is "safe" or responsible to start? I've read 6 months reserves on all fronts, but I've also read people "making it" with zilch to their name. Do yo...
Matthew Orton
Possible Failed 1031 & Alternative? Deferred Sales Trusts?
I'm in the middle of a 1031 exchange with three multi-family properties identified and at the end of my 45 day window. I originally had two student housing projects in escrow and on day 43 of 45, the lenders backed ou...
Eric V Harding
BRRRR in the time of a RE correction and 6.5% interest rate
Hey all,What is everybody doing to prepare for the new interest hikes and correction this year and next?Any veterans of past bubbles have advice on how to buy and hold in a bear market?This could be a valuable thread.
Mindy Jensen
Structural Engineers: Can an aluminum I-Beam span 25 feet?
Can a 25 foot long 6"x4"x.210" 6061 aluminum association I-beam can span a distance of 24 feet? It is for the top of a pergola and both beams would be supporting about 200 pounds of rafters and lattice on top.
Mike L.
How much of a down payment should I put on my primary residence?
Hi everyone,
I'm a new investor and I am looking to buy a primary residence as well as a (separate) investment property. I have the money to put down a large down payment on my primary residence, or possibly buy it ...