Alana Nevares
Repairs on 1940s and1950s midwest properties are eating returns
We have few single families in University heights, Euclid and Garfield Heights. We should be making about 200 per door each month, however, repairs are compromising the returns. One of the properties was acquired 7 mo...
Robert Hubbard
First deal analysis, after home inspection. Should I walk away?
Hey all,
Got an offer accepted on first deal and after having the inspection I'm second guessing the purchase so I will break it down.
2 unit 4bd/2bth upper and lower
PP-130 with 25% down
Originally seller ...
Kumar Gaurav
Lender offering better refinance rate with a buy down
Hello,I am in the process of Refinancing my loan and lender is offering me a better if I buydown the mortgage by $50,000.Although it's feasible to pay down principal by additional $50,000 at closing. I will end up com...
Albert Hasson
Private Lending Question
General question here. What kind of gross returns can one expect from private lending? Let’s assume a focus on single family and very conservative lending assumptions. How difficult is it to deploy capital? If hyp...
Andrew Greenberg
Newbie from Boca Raton
Hello, I’m Andrew a 32 year old yacht captain and fisherman from Miami now living in Boca Raton, Fl. I’m excited to start this journey in the REI world and have spent the last couple months absorbing as much info as p...
Victor Boyd
Rehabbing Flooded Houses in Houston (Construction Question)
I am looking at some flooded properties in Houston. They are in various states of remediation, from nothing to having virtually been ripped down to the studs.My question refers to outside frame plywood and vapor barr...
Knoell Palmer
House Hacking With High Personal Expenses
Hey Everybody! I'm stuck in a situation and I wanted to get you guys' advice.My girlfriend and I would love to get started house hacking with a duplex. The issue is that when we run our numbers as if the other unit i...
Manuel Sarabia
Permits. What happens if you don't do a final inspection?
Your permit is approved, you do the work. What happens if you don't follow up to do a final inspection?
Account Closed
Different tenant criteria for different apartments
I know that I need to have written criteria for when going through applications, but am I allowed to have different criteria for different properties?For example if I have a high end rental, and a low end rental - can...
Joel Owens
Interesting article on Chinese Drywall
Here is the latest Dec. monthly newsletter from my Georgia Real Estate Commission.
It has an article about Chinese drywall and how that impacted a valuation by an appraiser and the property is set for forec...