David Sheeran
Is my proforma faulty?
I have a rental property proforma that I have put together and would like to share it with some of you guys. The problem is it's an excel spreadsheet and dont think theres a way to share from the forums. If anyone wou...
Terry Royce
Huge Assignment Fees
I am looking at a property asking price is 225k, repairs 120-140k. ARV 750-850k.
From rough numbers 800k x .65 - 140 repairs = 380k max offer. I was thinking about just tacking on a 25k assig...
Alex Bekeza
California Passes Solar Panel Mandate
California recently signed a mandate requiring most new homes in the state to include solar panels after 2020. California is the first state to do so, but it likely won't be the last, with New Jersey and Minnesota pur...
Gordon Vaughn
The Best Kept Secret For Bidding On HUD Homes
I have bid & won more HUD homes for my investors than I can count, and I use a strategy that I have been hoarding all to myself for several years. A few of you may already have an inside track and are familiar wit...
Rachel Mecklenburg
For the CPAs out there...
I bought my first rental property in October 2020 - an owner-occupied duplex. We spent the first 3 months (Oct-Dec) rehabbing the rental unit and started the lease on December 31st, 2020. I kept a log and all of my re...
Ron Thomas
House prices will never outpace inflation over time, its impossible.
Let me start by qualifying the title of this post with a couple statements. First, I’m not talking about your neighborhood specifically, although given a long enough period the title is likely to be very close to app...
Wade G.
Overcoming the Idea That Paying Off Mortgages Is A Good Idea
Overcoming the mindset of paying down mortgages is a dilemma for me. Considering the low interest rates I am going to refinance a couple of my SFH rentals and my primary residence. It makes financial sense to me to ...
Carolyn Golden
Hanging on to house
:violin: Hi, my name is Carolyn. I've been in denial that my husband and I are a part of the mortgage crisis. We have a bad mortgage, true, but I feel like we were fortunate enough to chose bankruptcy over foreclosure...
Ryan Monty
How many BRRRR properties are too many to acquire?
As I get educated on RE investing, I've been drawn to the BRRRR approach as it most closely suits my long-term goals. I keep hearing from enthusiastic people talking about how it's the way to go, how one can lock up ...
Frank Closer
Newbie from the DMV
Hello everyone, I'm still in my 20's, I'm an experienced HVAC/R contractor whose been in the real estate game for a quite some time, however primarily aa a spectator. My mother and step mother are both licensed real e...