G Simpson
Short Sale Contract Changes
I submitted an offer on a short sale (great deal) in Phoenix a month ago. The sellers accepted the offer and it has been fowarded to Countrywide. Earlier this week I was contacted by my agent and she said the seller...
Adrian M
Tax Returns for Real Estate Investing (Schedule C vs. Schedule E)
I have been investing for several years. Initially, I met with a Tax Consultant to ask how to categorize Misc Expenses. Expenses that cannot be tied to a particular property. He advised that I either not report the...
David D.
Hard Money Loan Amount Formula
As a hard money lender wannabe I'm trying to figure out what formula to use in determining loan amount.
I'm thinking: the lessor of 65% ARV or 80% of purchase price. Is this too restrictive? Should it be 65% ARV on...
Sean Mobb
Providence realtors / this old house
Hi all,
I'm a newbie looking to invest in a multi-family in the Providence area. Any recommendations for real estate agents with good neighborhood knowledge?
Also, I'm a little scared of all the 1800s houses, has an...
Scott W.
Homepath rehab loan question
has anyone ever done one of these or know what's involved? I believe the contractor has to front all the $ in labor/materials and is paid at the closing, upon appraiser inspection.
Any truth to this? I would think th...
Account Closed
Are these closing costs fair?
Hi Everyone,
I found this forum after deciding to get into the rental house business part-time. What a great place to learn about all aspects of the business. Thank you in advance for your feedback, comments and ide...
Jen Breysler
Landlord's Insurance - most important things to look for
Hello fellow investors, I am new to investing and landlording, I just got two quotes for my landlord's insurance. My rental is in Southern California.
What are the main things I should look for in the policy? What a...
Brittani W.
Best property insurance companies for Landlords/Investors
Hello, I need a good landlord policy coverage with reasonable pricing and great service. Any suggestions would be helpful. Thanks!
Scott Gordon
Overcoming doubt - property on market
How do you overcome your doubt when dealing with a property that’s been on the market for a substantial amount of time? i.e. a property has been on the market for 120+ days - I keep wondering, if it was a good deal wh...
Sumit Sehgal
Rental insurance fine print
Good morning, shopping for insurance for a rental property (in this case, long term buy and hold strategy on 3 bed 2 bath), what sort of things I should be expecting from a good insurance company?What are some pitfall...