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Curious to hear everyone's thoughts on the proposed tax plan from Biden and its impact on multifamily, or real estate in general. A couple highlights from the proposal:#1 Elimination of bonus depreciation
#2 Eliminat...
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I was recently on a phone conversation with a fix and flip investor who was giving me advise on rehab costs. I explained that a particular house I was thinking of walking away from was not a good deal because it was t...
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Hi everyone,
I am looking to purchase a piece of property in Philadelphia using a conventional mortgage in my name and later transfer it to a newly formed LLC. A previous post from 2008 states banks won't let you do ...
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Hello All,I am trying to start investing with the BRRRR Strategy. I am looking into private lenders but my Lender/Agent says he's never heard of a lender giving you 100% purchase and rehab. I bought the BRRRR book and...
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Hey guys! Me and my husband are pretty new at the whole real estate investing shindig. It took a us years of research and planning to finally pull the trigger. We bought a few 4 unit properties and decided to move out...
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A lady called me today, said she meets our Minimum Qualification Standards and we scheduled a tour tomorrow morning at a rental. She then goes on to tell me that she needs a place in immediately because a 90 year old ...
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I need some advice ASAP. I made contact with the owner of a house that is going into foreclosure over a $10,000 Mortgage. The lady is disabled, does not have any money besides what the state gives her, and cannot af...
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I am an investor who listed a house on sale with a realtor. We received several offers and I selected a loan offer. The contract had a special stipulation indicating that buyer is willing to pay $5k over appraisal if ...
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Its awkward, but it needs to be said....
The FACTS about our economy (GDP, unemployment, workforce participation, etc...) have no bearing on asset prices!
I'm not an economist, I'm just a curious young man. There w...
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Hello and thank you for checking out my discussion. Well, I am having my first taste of the Landlord Blues. I bought a 2-1 condo around Christmas time and bought it with owner financing. But since I have bought the...