Kevin Harrison
Should YOU sell YOUR home or make it a rental. Asked and anwsered
I see this question every day at least once on the forums so I thought I would answer it for the majority of people. I was going to make this a blog post but couldn't figure out how to do it. What I am going to outlin...
Charlotte Farrell
GA LLC owns property in FL
We live in GA and have a GA llc for a LTR we own there. We recently purchased a STR in FL and deeded in name of GA Llc.Should we have a separate FL based llc for the FL home? Slowly discovering FL has some convoluted ...
Atampreet Singh
Appraisal came in at 235k, Under contract for 277k. Buyer here! HELP!
Hello all,I am under contract on a 4 bed 2 bath home in one of the nicer suburbs of Detroit, Auburn Hills. I am under contract with seller right now for 277k with 8k in seller credits negotiated upon inspection. Now,...
Nuo Shi
Buy property in Bay Area with negative cash flow for first 2 year
I'm a first time investor.
Currently, looking into a fourplex in Bay Area, the rent is 2100, due to the landlord didn't increase rent for past 6 years. If the rent increase to 2400, I can break even, while the pre-c...
Neel Iyer
ARM versus 30 year fixed
My goal is to get a conventional loan to buy and hold a single family rental to generate a positive cash flow. I am looking for a rule-of-thumb or general advice, not specific to my situation because there are so many...
M Marchand
Nightmare experience with Brian Gibbons whom I hired as a coach
I am posting this to save anyone else from the hellish experience I had with Brian Gibbons. I am re-disputing it because while American Express was in my favor they said that 'stripe' the payment processor was not and...
Michael S.
Partnering with a contractor
I am looking at a 4family. 4900 sq feet. It is a full, rehab. I have a contractor who would like to partner with me, it would be a buy and hold for me after it is finished. Purchase price $25,500. Arv $150,000. Rehab...
Account Closed
How does the price of a home increase after being flipped?
So I'm interested in how house flippers make their profit. From my perspective, they put a down payment on a house, get a hard money loan to pay the rest, use the remaining for the repairs, when it's finished the pric...
Sreeni Guntupalli
NC Rental - lease breakage
Hello All,
Any guidance is appreciated on this below matter:
I had a tenant (in Charlotte, NC) who signed a three-year lease in 04/2019 and broke the lease earlier this month as they wanted to move to a different ...
Isi Nau
How much have SFHs appreciated
I am wanting to learn more about appreciation in Indiana.In your city, what is the lowest priced 3 bedroom SFH you've seen sell recently (move-in condition)? How much would that house have sold for at the bottom of t...