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Good afternoon,I am in the process of purchasing a home which requires a rehab/repair budget. The lender will be doing a holdback of the budgeted amount, and I am curious as to how this process will work in terms of ...
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thought I'd post some pics along the way showing our new home construction.
We bought the lot a bit over a year ago. Had the plans made from an example we found on the internet. Great exp...
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Who does or does not stage their flips when listing them for sale? I have not been staging them but am wondering if I should be? Please give your opinion-And for you who do stage, any tips on where to get the furnit...
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What does everyone use for underwriting deals on small multifamily properties (2-4 units). Right now, I've been using the below as standard %s, but I often see realtors provide financials with much lower %s. I'm curio...
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I think I am getting the hang of this, but it is still wishy washy in my mind. The on site people at a complex are going to do the day to day work, and the "property management" line on the expense line are the ones ...
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We purchased a rental property and had to invest major amounts into repairs. The cost of the work is expected to exceed the projected rent income for this and may be couple more years, and we were hoping to recover th...
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I recently read an article on how Real Estate is a great tool to invest in against inflation. The used example was a 20% downpayment. After inflation caused the house to double in price, the downpayment was apparen...
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I have in front of me my first term sheet for a short term buy and fix construction loan. What are the critical items to look for? Which line item can be a potential bag of snakes? Very interested in hearing from i...
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Hello! I'm about to close on a 4 unit and I'm trying to furnish two of them as MTR's but I'm out of state. I wanted to ask if anyone's furnished a property remotely before - who helped you set up the furniture? I've c...
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I've been exploring the discussions addressing IRC 199A and the IRC 162 requirement that must be met in order to obtain the new tax benefit under 199A. During that process, I came across the item below which appears t...