Eric Calabrese
To refinance or not to refinance
hey fellow pocketers! It's been a while. So after closing on my first property in September and everything going great numbers wise I'm ready for property two! Problem is I need atleast 10k more to purchase it comfort...
Donald Eggers
Live in Fix and Hold
Investment Info:
Single-family residence fix & flip investment in Redmond.
Purchase price: $340,000
Cash invested: $68,000
PP: $340,000 with $10k in sellers closing costs
What made you i...
Jacob Kenneally
BRRRR with initial financing? (FRRRR)
My Fiancé and I are about to close on our first “Live-In BRRRR” but we are acquiring the property through financing. I know paying cash upfront allows you to extract that cash on the refi but has anyone done a Finance...
Bruce D. Kowal
Being clever when dealing with IRS and State at the same time
IRS CP2000 Notice: Why Real Estate Investors Need to Think State & Federal
Quick story that could save you thousands in tax exposure...
Had an investor client who received a CP2000 notice for unreported rental i...
Dillon Vansickle
New Investor here, how would you do it, if you could start again?
Hi all,
I've been learning alot about investment properties over the past year or two. I'm currently waiting for a seller to sign my offer on a duplex. I'll be purchasing in cash and then refinancing out ASAP. I pla...
Vicky Blacknall
Small Mobile Home Park
Hey All,
I love this site. The generosity of pros is astounding. Plus, I like the different opinions that provide different things to think about.
Hubby and I have been looking and working on purchasing a small ...
Account Closed
Assessed Value
Does your county assessor assess value at purchase price or ARV?
In my state the assessed value at purchase determines the property taxes. I'm trying to refine a spreadsheet I use and want to make it as accurate as ...
James Honeycutt
Must move by July 2023. Buy now or wait?
Wife and I are moving to North Carolina summer next year of 2023. With the uncertainty of the market, I am unsure if I should buy a home NOW and rent it out until we move there, or roll the dice and wait to buy until...
David Martin
How to Structure a Partnership with Parents
I'm looking for advice on how to structure partnerships in general. I'd like to bring my parents into a STR deal where my wife and I would present the majority of the up-front capital and handle all of the management,...
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Real Estate Option
I'm new to the real estate game. I have read numerous books and have almost no money to risk, so have decided that I have to start with straight options. I haven't been able to find an explanation of how to close on a...