Jason Blythe
Last legs of a vacation rental purchase
Hello All! I am looking for some advice on purchasing our first vacation rental. We are in the last bit of negotiation and have come to a crossroads with the results of the inspection. Long story short they want to re...
Juaneka Brim
Advice Please! First Multifamily purchase
I have decided to go for my first multifamily purchase. Considering 2-4 units. I had started this process back in March, but put it on pause. I have now decided to move forward. My questions have to do with funding it...
Shafi Noss
Using a HELOC to Eliminate Credit Card Debt
Hi everyone, I am studying for my license, and having trouble with one of the scenarios. It looks like this: __Julie wants to pay off her $5,000 credit card balance now, before she closes on her new home. She takes s...
Darling N.
discount points or buying points
Can someone please explain to me how buying points work? Will buying 1 point decrease my interest rate by 0.25? Because I have lenders telling me it won't, but my research contradicts that. Do different lenders apply ...
Steven Barr
How to calculate maintenance expenses for BRRRR
How are y’all calculating your projected maintenance expenses for BRRRR properties?I know the rule of thumb for a traditional rental is 40-50% all in expenses (vacancy, prop mgmt, taxes, ins, repairs, CapEx, etc)..But...
Jameson Fecteau
New to Real Estate Development
For a career in Real Estate Development, is it seen as beneficial to possess a Real Estate License? I'm currently enrolled in University on a path for a finance degree, and am interested in getting real estate licensu...
Keith Meyer
Use Cost Segregation/Bonus Depreciation Instead of 1031 for MHP
Has anyone recently taken advantage of 100% bonus depreciation through a cost seg study to avoid having to do a 1031 on a large commercial property ($1MM+)? If so can you please message me or post about your experienc...
David K.
Gas Forced Hot Water Boiler Replacement cost
Hey Guys-In all my units the heating systems are forced hot water gas baseboard. At some point the 25 or so year old boilers are going to start going. Anyone have one changed out recently? Trying to get a rough ide...
Susan Penning
Finished a flip and looking for tips to shorten time and work!
Hi! I just finished my first flip and did about 75 percent of the work myself, which took me 6 ridiculously long months. I've learned a ton about DIYing and rehabbing a 50s bungalow! But now I need some advice on how ...
Robert Burns
Flood Insurance
I just put a house under contract and found out it's in a flood zone. How will this impact my ability to wholesale this property?