Jim Brown
Selling apartment - stuck in bad situation - good read for beg's
I closed on the unit for $1,075 / sq ft in Q1 2014. Was in a hurry to buy. Thought I was buying a 900 sq ft ($940 / sq ft) unit but appraisal came back at 785 sq ft. Would not have bought at amt had I known (1) the tr...
Camille Joos-Visconti
Looking for CPA near Burbank, CA
I am looking for a CPA for tax advice in Burbank or the surrounding areas of Los Angeles County. Hoping to find a professional who is an investor him/herself. I have questions about whether or not we should form an LL...
Caleb Scott
Would this work for BRRRR
So say I find a rundown multi family. Is it reasonable enough to do a 203k loan, so that I can tie in my rehab costs with the mortgage, and if so how is the amount allocated for the rehab assessed and approved? Do I c...
Matt W.
How is depreciable value caluculated after BRRRR?
So I am in the beginning phase of my first BRRRR. Purchased for $60k aiming for $180 ARV and trying to keep my rehab to under 60k.My question is how is the building value determined once all is said and done?As I unde...
Jerry L.
Question on Mold in your lease agreements
I was given a lease template that one of my real estate friend uses. His dad is the biggest RE player in the county they live in so I assume it was ran by a lawyer, but I haven't asked. On the lease there's a section ...
Todd Willhoite
Drainage issue
I am looking at making an offer on a house with a crawl space. It is on a very flat lot and has a problem with water standing around the foundation, and under the house. It was built in the 1960's and apparently the...
Teri M.
WHY,WHY,WHY!!!!!!!!!
Why is it that no one wants to talk when it comes to REI?!?! There are too many properties in this world to be afraid of competition! There's enough pie for everyone to eat as they say. If they would realize that not...
Louis Louisius
LLC or purchase as individual with spouse for first property
Hi, I'm looking to purchase my first property with my spouse. I'm not sure which option would be best. Do we start an LLC to get the loan or do we just apply for it as individuals like a regular mortgage loan. this wi...
Maleshia Gilcrease
fha 203K or homestyle reno loan
Good afternoon,I am considering doing a house hack using the FHA 203K or Fannie Mae Homestyle loan. I would like to either create an adu or house hack a multifamily that may need some work. Does anyone have any referr...
Austin Stuart
gift of equity rules? 1st purchase very green
As the title says quite new to the world of real estate. I’ll try to keep it short and too the point. I would like to purchase a home from a family member in the next 6 - 8 weeks. Home hasn’t been appra...