Peter Walther
November mortgage data
I thought I'd share this information from Black Knight Financial:December 22, 2022 Data & Analytics
Prepayment activity in November dropped 15.6% to a single month mortality (SMM) rate of 0.40% – once again marki...
Brandon Rauscher
How are investors making it work?
I have been trying to get into multi unit rental properties the last few months. I have gone over deal after deal, running numbers and every deal is loosing money on a monthly basis. Each one of these properties comes...
Chris Ayers
1031 Questions - Buy Cheaper/Smaller Homes?
I'm looking to sell a home worth 385K (that I bought for 306K) and net about 100K on the sale. I started investing in cheaper markets where homes are 100K and under. If I do a 1031 Exchange, could I use the 100K to bu...
Account Closed
Calling CPA's and Experienced REI
If you travel to go see properties and attend open houses as a real-estate investor are you able to write-off your hotel
costs, and food tab? If so, what kind of documetation do you have to supply your CPA?
Bob Lett
Time and material, pros/cons
Working on a whole house remodel that we are going to use as a second home and STR/AirBnB. With our contract purchase price + contractor quotes we have little to no wiggle room for intangibles based upon ARV. This is ...
Herm M.
Wells Fargo
Who has worked with them recently? How are they to work with? Are they still issuing the 90-day clause?
Pablo Aizpiri
Looking for a CPA to validate my tax strategy so I can take next steps.
Hello,I'm in Texas and am I wanting to discuss the possibility of kick starting my real estate investment journey with STR and also using that offset a fairly large W2 tax liability I have this year.I basically need t...
Christopher Jacob Weinstein
Depreciation on house hacking:
Hello,This is my second official post, my other was my introduction. You could call me a seasoned member. Anyway, my question relates to house hacking a duplex, well actually any type of property actually. I have been...
Mike Day
Moisture in basement=nightmare refi
My lender heard from the appraiser that there was moisture in the basement of a couple places I am trying to refi, and all hell broke loose. They are seemingly not aware that all homes of this age in the area have som...
Heidi Kenefick
Interest rates seem through the roof!!!
I have spoken to two lenders this week and interest rates are so high compared to even a couple of months ago. In October I refinanced for 3.125 on a rental, in February I got a rate of 4.125 on a rental and now I’m b...