Gabriel Altshule
Home Equity Financing
Hello Everyone. I am a newbie and my wife and I recently refied our home and we have done very well in just 4 short years. Can we use the equity in our home to finance our first few deals? We are interested in flips a...
Francisco Ruiz
STR Partnership Structure - Feedback
We own 2 STRs (TN and VA) and are in partnerships in 2 others (VA and OK). We have learned with each deal and each property about the analysis, design, setup and managment of STR's. Our last partnership was with sem...
Ann Bellamy
Is reliance on Section 8 an increased risk?
A recently trending thread started by @Brandon Turner discussed accepting section 8 from an existing tenant but having to accept a reduced rate as a consequence. One of the comments made by Jonathan Cope recommended ...
Ryan Dodge
If no commission is taken, does agent still owe broker?
Suppose this scenario:Agent takes 75% broker takes 25% splitAgent is part of a deal where commission is 3% but foregoes it so it's factored into the asking price instead (like instead of offering $100k and taking a 3%...
William Manzie
I want to buy a short sale for myself
I am looking to buy a short sale as my and my family's home. When talking to the realtor, there are so many things crossed off the contract. I have never done this before and I am very nervous and unsure about putting...
Frank McGovern
Chicago offers free legal eviction rep to low-income renters
The Chicago Department of Housing on Monday chose two nonprofits to provide free legal help to low-income tenants “at risk of or subject to eviction or lock-out” in Chicago.https://chicago.suntimes.com/c...
Michael Mason
What are most important terms to include in your lease?
Hi All,New rental property owner here. I'm curious what you all think are the most important terms to include in your lease? What non-standard terms have reduced your risk, hassle, and property maintenance issues th...
Jeff Lundeen
Effects of interested rate on returns from BRRRR
When interest rates rise, your refinance rate could be worse than your original. How do you work this into running the numbers? Does it leave you with a lower cash flow than originally projected? Can you maintai...
Jakub Bednarz
Inurance rates
When figuring out expanses, one thing that eats away most of my profits is insurance, but I assume pretty much same number for any size/year property: $1000/yr for homeowners insurance and $1000/yr for flood insurance...
Dale Miller
BRRRR vs. Buy and Hold for Cash Flow
Seems like there are so many variables and risks with budgets with BRRRR's.Has anyone rehabbed a property and found that it was assessed not that much higher compared to where it should have been ?