David T.
Looking for a CPA...
Hi,
I’m currently living in Orange County, CA and would like to work with a real estate CPA to do my taxes and optimize/evaluate my tax returns from previous year.
I’ve always done taxes by myself using TurboTax in...
Samuel Coronado
Looking at another park
I have another one I'd like to discuss. This is 5 mobile homes and one building being remodeled as a storage unit. 4 park owned homes and 1 tenant owned home. The POHs are $800 a month and the TOH is $300/month. Gross...
Ryan Beasley
39-unit Apartment Complex for sale in Statesboro , GA.
The Reserve, a 39-unit Apartment complex, is up on the market here in Statesboro, GA. This is very rare to see an entire complex listed on the market here! It has a gross income of approximately $400,000/year and is 1...
Jovan Hsu
Bank appraisal for small multifamily - what method?
My wife and I are considering buying a small multifamily that is currently used as a duplex but has the potential to be turned into a 4-plex. For financing, the plan is to buy all cash using short term private lending...
David Luu
Property insurance coverage amount while holding mortgage
If the property has a mortgage/lender, and the loan amount is greater than replacement/rebuild cost for property, is it better to have insurance coverage for the loan amount or the replacement cost?
I understand goin...
Brandon Duensing
Need second set of eyes with a rehab deal
Wholesaler passed along a potential deal:
Purchase price: $135K, estimated rehab $35K, will be using HML to fund 70% of the deal, two comps sold in May '20 the street behind the property, they were not rehabbed. The ...
Paul Vang
FHA on a second home. Is it possible?
I have a question that I need some advice on. How hard or easy is it these days to get a second property as your primary residence but the second property is a 4plex? Is that possible? If I refi my current home to ...
Ken Fitz
Buying directly from realtor selling his/her own home
A listing agent is selling his/her own home in a neighborhood that I am very familiar with. I've delved deeply into the comps of this neighborhood, and I know pretty much exactly what I want to pay for the house. I kn...
Tricia O'Brien
Indiana time frame for return of tenant's security deposit?
Hello ! Can someone tell me how many days after move out do I have to return the security deposit to a tenant in Indiana? Some states allow 30 days but someone told me it might be 45 days in Indiana. Also, I am req...
Mia Thorn
Landlord Cleaning Fee
So I had an ant problem in my unit while livening there and the landlord sprayed a chemical on the countertops to combat them after the store bought stuff I was using wasn’t cutting it. He told me to let it dry and wi...