Muju Hussain
Need DC Rowhouse Redevelopment Cost Info
Any DC developers here who have flipped DC rowhouses in NE DC or Petworth DC, who'd be willing to share how much they've spent on a decent flip. Most of the rowhouses in Petworth are in the high $500k range with the A...
Tony Wilcox
Landlord Insurance and preparing for winter
Hello! My name is Tony Wilcox, and I am an insurance broker located in Indianapolis (licensed in all 50 states). Today I wanted to share a few pointers for things to look out for on future, and past investment propert...
O'brian R.
Should I Look for a New Tax Professional?
Recently, I received a rather rude email from my tax professional in response to an email I sent that simply asked clarification regarding a 1099. In short, he said he did not want to continue emailing me if he was go...
Ryan Moore
Lenders and Appraisals
I have started discussions with lenders to refinance a MF in Phoenix and I was curious about appraisals and the cost incurred by them.Quick background: There are currently 10 CLOSED listings from the past couple of m...
Namal Burman
How to reduce Real Estate Income from rentals for Tax Purpose?
I have two rentals along with primary residence. Now the rental income is increasing my tax burden as an income. Any strategies i can use to reduce this rental income? Should buying another property would help? Any po...
Tyler H.
How much profit would you expect on a deal with an ARV of $850K ?
So to keep this thread specific, my question is related to ROI expectations on a higher priced property. Should profit expectation rise with the price of the property?Analyzing a deal with a client friend, here is the...
Jack B.
What are the monthly costs associated with being a realtor?
I’m planning on taking the 90 hour training course so I can sit for the exam and no longer have to rely on realtors for open houses, MLS listings, etc. But before I do, what can I expect as far as monthly fees? From w...
Steven Weiss
Obtaining the Realtor License: Is it Worth it?
Hey all,So I've been pondering on whether to obtain my Real Estate Sales Agent License. I'm currently a Registered Nurse and have a stable foundation in rent and some notes. My question is the following:1. What are yo...
Natalie Brown
Hard money lender wants a $2k DD fee & $5k appraisal
My client is looking for hard money. I am not very familiar with their processes. They want him to pay a $2k due diligence fee up front and pay for an appraisal of $5 up front with no guarantee of funding. Keep in min...
John Underwood
STR replacement cost insurance with increased building costs
I just received my Foremost insurance policy for our STR Lake house.We have replacement cost insurance, but the amount seems low in today's costs to rebuild. Our Lake lot is a good chunk of the value but still I wonde...