Jered Sturm
Tricky Tax question on sale of primary residence.
So I will begin by saying I have already spoke with my CPA regarding this. I am here for second opinions from other wise investors and CPAs. I purchased a home 9 months ago to live in with my wife. Shortly after I bou...
Serena Sun
Urgent: Water Leak for brand new house, Please help!!!
Hi Everyone, First, thanks to those who advise me to refinance our old primary to buy a new home. We just finished refinance and use it as the down payment for a brand new house, and it will be closed in couple days. ...
Boone Tyson
House caught on fire and insurance didn't pay!
Investment Info:
Single-family residence fix & flip investment in Mcallen.
Purchase price: $80,000
Cash invested: $40,000
Sale price: $104,000
Had it under contract to sale at 165K and it cau...
Michael Johnson
What value does a Realtor need? / What would help them the most?
So, basically, I am about to meet all of the Realtors in my area in the coming weeks. Im going to put my feet in every one of the properties that meet my criteria and are in my area. This is something simple that I ca...
Account Closed
Why are rental repair/maintenance reserves a percentage of rents?
I'm confused how using setting aside a percentage of rents for repairs makes sense. And where does that number come from? A $600/mo rental and a $2500/mo rental may have the same reroofing or repipe or mainline or H...
Bob Malecki
Disappointed with Granite Strategic Investments
Just a heads up, we had a NPL purchase deal with Granite this month with an accepted offer. We waited over 2 weeks for Chaz to get us a missing assignment to complete our due diligence. Just yesterday I was told that ...
Sean Bramble
Anyone done a "Morby Method" deal? Zero down creative strategy
Heard about this on Pace Morby's Youtube channel - it's a zero down creative strategy that works when 1) the seller is open to seller finance, but 2) needs a sizeable DP for various reasons (i.e., pay off their existi...
Hank Wu
Investing is Stressful!
Just got started with investing and it is a huge stress! Constantly worrying what my tenants might do, worrying about the market, worrying about the value of my unit, worrying if I have enough seed capital to make thi...
Alexander Ransom
Help. Tenant Abandoned Property
I have a tenant in the upper unit if my duplex that was served a 28 day notice to vacate back near the end of August.
October 1st rolled around and the tenant was unable to fond a place to live, so we granted her ano...
Nathan Dobbins
Motivated Seller Websites
Hello all! I have found a few websites like HappyInvestor.com and Hubzu.com that claim to have good leads on deals in the area. Has anyone ever used them and how accurate is the information? Is there a website that...