I'm currently in discussion with two lenders to secure a conventional mortgage for a SFH rental property. I have experience with PennyMac, and they are currently offering the better loan estimate. However, Rocket Mort...
Sold in NY, moved to Tampa, have 400k+ to invest. It's sitting in a money market account waiting for an opportunity. I've spoken to investors, mortgage and real estate brokers, etc. Almost all of them say to wait. Pri...
Yesterday my tenant texted me to tell me that she didn't want to turn on the central heat so she plugged in a space heater. When she did this tripped the lights. She flipped the breaker and the lights came back on bu...
Have you ever noticed that people can send you a picture of themselves and then when you see them in person you think they look a way different? I recently dodged a bullet. A seller that I had bought from prior to had...
After a frustrating experience today I was wondering where investors have had the best overall experience with a local planning department in or around LA/Orange County. Are there any areas you refuse to invest in bec...
I'm a somewhat recent grad making a fairly decent income. Was planning to save up over the next 6 mos to a year to purchase a home (that will eventually be a rental property). I know some people that I am very close...
Investment Info:
Single-family residence other investment.
Purchase price: $455,000
Cash invested: $650,000
My first BRRRR deal. Purchased an 800 sq ft 2bd/1ba single-family residence for $455k in 20...
I plan on buying a SFR in my personal name. After the 6 month seasoning period with the bank, I plan to cash out refinance into a traditional loan. Do you guys have any issues transferring your title to an LLC? I know...
This post was prompted by a discussion of a specific STR-related tax strategy on another thread. But the concepts apply across a wide range of topics, so I'm posting my TED talk separately.
1. The annual nature of ta...
Hello all, I was going to review Zillow on Google, but I guess they are too big to need reviews. I have 12 units and have been using Zillow for applications and screening, and everything was going OK until recently. I...