Greg P.
HOA assessments not benefitting all homeowners; state of NC
Hello all - I thought I would come to this community for advice on a matter that has been a problem in a neighborhood I own two properties in for over 5 years. This is in the state of NC.Situation: I own two propertie...
James Carlson
Denver rents dropped for the first time since 2010
Anyone else read the Denver Post article last week about average rent prices in Denver dropping for the first time since 2010? Looks like the average price to rent an apartment in the Denver metro area was $1506 from ...
J. Mitchell Bernier
Lumber Prices Down almost 50% YTD
Lumber prices on the Chicago Mercantile Exchange(CME) is down almost 50% YTD and down over 9% Year over year. This is another indication that housing/demand is slowing and could slow even further. Not to mention that ...
Scott K.
Do SFR = more equity where MFR = more cash flow?
In the BRRRR podcast, episode 327, David Greene made a comment (1:08:30ish) suggesting his single-family homes tend to add equity for him and his multi-family homes contribute more cashflow. He suggested the two asset...
Steven Cramer
First Flip... to LLC, or not to LLC?
Hey all! I'm looking at purchasing a single family unit in West Philadelphia (E. Parkside) for a fix and flip with my father. We're 50/50 partners in the business; I'm a licensed Realtor in PA, he is not. This is our ...
Bennett Schwartz
Figuring out the ARV of a Quad
Hey All,I'm working on a project in which i'm converting a single family home into a Quadplex and looking to Refinance out of it afterwards and was wondering how to figure out the ARV. I was told two different things,...
Ken Wang
Capex for MD, DC, VA
Dear All, If we are looking at specific property type such as townhouse at range of 150k to 400k, and SFH at range 250k to 500k in MD, DC, or VA. What is the CapEx number you would put in? is $200/month a reasonable...
Jessica Wygal
Self Employed Applicant - Full Year Up Front???
Help me with this scenario. Two adults have submitted an application. Both have no evictions, no criminal records, credit scores above 750 and less than $1000 in credit card balances. HOWEVER, they are ‘self employed’...
Gabriel A.
What does a tax lien really mean?
Can tax liens be placed on properties due to income tax or other taxes not paid? Or does it always mean that property taxes haven't been paid?
Are property taxes always included in the mortgage payment? I would assu...
Ryan Heywood
1031 out of a shared investment.
A family member owns a 1.5% in a hotel that just sold for 9 M, cashing out at roughly 110k. I'm wondering if a 1031 exchange would be applicable in this situation. It is my understanding that in a 1031 exchange the pr...