Paul Wolfson
Estimating expenses in CoC Return calculation
Hi all. I'm trying to analyze deals and am not sure what values to use for estimating expenses. @Scott Trench recently posted a great piece on his Instagram account, basically saying the "50% Rule" is misleading. Many...
Patrick Crehan
28k HELOC for investing... What's your strategy?
I have been able to find a credit union that will do a 28k HELOC on my investment property.. As far as investing, I have a couple of strategies in mind that involve either buy and flip (which I don't think I have enou...
Matt OToole
Old multifamily buildings
I am considering buying a multifamily property in the city of Chicago in the $750k-$1.5 million range. Likely a 2-4 flat. This would be to live in for a couple years then maybe move out, but hold forever.Most of the...
Scott Johnson
Would you buy a property receiving under market rents?
I'm looking at a duplex that has tenants in place. Each unit is rented for around $800, but market rents are $1500. The leases end in October and August, so if I were to buy it with a loan I would eat a part of the mo...
Mark Hughes
Anyone have updates on ways+means changes to SD IRA REI??
Anyone have any updates on the ways and means political stuff? Last I heard in September there might be changes that negatively affect people investing in 506 reg D type of syndications via their self directed IRAs. W...
Trina N. Chacko
Airbnb in Long Beach/San Pedro/Lakewood/Redondo
I plan on house-hacking a duplex in Long Beach/Lakewood/Redondo/San Pedro.I read that in Long Beach, Airbnb is allowed only if the property is owner occupied. Is this true?I am also considering finding a duplex in Lak...
Hend Harb
Title commitment gap issue (Texas)
We're a couple of days from closing. According to the title company the title commitment effective date can't be updated. They stick with the last date the country clerk database was updated. In our case, the last dat...
Account Closed
Pros/cons of a conventional loan to buy a flip?
After buying a few properties with my own money and no financing I have only been able to go after the little fish 30-50K range homes. Looking into getting an investor loan through my bank and take the money that I ha...
Mohammad Jayousi
Texas Tax Sales. Where to start?
Hello!I have been researching and learning more and more about tax sales as I am interested in acquiring a relatively cheap land as my first real estate invesment. Before I jump on this adventure, I want to make sure ...
Marissa Duran
Cash offer Palm Coast FL 230k
I have a 3/2.5 block house with new roof 2024 On paper 2000 sq does not include 400 sq closed in Florida room with central air. Does need some updating but great bones 230k cash offer 0 day inspection period