Howard Gorman
Keep or Sell NYC Condo?
I am 68 years old and retired. I own 2 Condos in NYC. Both offer a positive cash flow. Due to current conditions, the rental market now is extremely competitive. One of my tenants is leaving. I have a few choices. I c...
Paul W.
Are these prices for real on Cleveland
I just looked at a property at 14308 Lakeshore Dr in Cleveland. It's a 17 unit brick building for 255k, with a cap rate of 24%. It looks nice from the few pictures.
In the Phoenix area that would cost over a million...
Darryl S.
Property Basis Calculations
Calculating Tax Cost Basis Question: I would like to use the amount that my property deed was recorded for at the courthouse recorders office as my tax cost basis instead of my closing HUD statement amount. Can I use ...
Jaime Brame
Thoughts on Condos as Rentals
Hello, everyone! I wanted to get your thoughts on buying condo(s) as rentals. I know there are various HOAs that go along with the package, but that's just about all I know. Any thoughts or information/experience woul...
Nathan DeJonge
Notary Loan Signing Agent
After just completing my first refinancing deal (32% forced appreciation on a one-year live in flip), I have become aware of the loan signing agent profession. During my signing appointment my agent was shocked with m...
Theresa P.
Airbnb bookings nosedived
I purchased a home in a prominent vacation area in Colorado a few years ago. I live in it part time and rent it out part time. For the past 3 years, STR bookings have been great. They’ve provided a steady source of in...
Joe W.
Expectations of a Realtor
I'm looking to get started in real estate by purchasing a 2-4 unit (ideally 4) through FHA financing. I looked online and found a few properties that peaked my interest and I reached out to a Realtor who had a few mul...
Terri Lewis
Marketing my first property
I have our first property under contract. After 12 days trying to move it, nothing significant has transpired. I am wondering if it is the marketing I lack, or the area. I feel it is a great deal but I have only h...
Mike Kalob
"Real" Contractor Accepted Payment Terms
It seems every contractor wants at minimum 1/3rd, 1/3rd, 1/3rd (or more upfront), despite advice on here to not put more than 10% down.I've scoured the General Contractor Payments in the forums and it seems the ones w...
Reagen Natho
Handling of Guest's Inability to Reach STR Due to Road Conditions
How would you handle a guest that was unable to reach your STR due to road conditions or their vehicle's ability?My STR is located up a steep road on a mountain outside of PForge. My last reservation was my first one ...