Hello everyone, I'm excited to have found this site and begin learning. My name is Ernesto Prado and I live in Norwalk CA with my wife and 3 young children. We currently have an existing 15year mortgage with equity an...
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Currently under contract for an investment property with a rate lock in place and agreed 15% down payment due to great credit scores. During the due diligence I negotiated the price down $15k. Now the lender says they...
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I have a rental house in Orting, ..a small 2 bedroom that's always rented. Rent is $1145 and could be easily raised. Think of selling but trying to decide if I should leave tenant's in place or empty the place out?
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Investment Info:
Single-family residence fix & flip investment in Greenwood.
Purchase price: $80,000
Cash invested: $175,000
Sale price: $240,000
Punched property with the intentions of using...
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Hi - this is a forum I just discovered. We're about to buy our first flip and expect gains this year, over and above our two W-2's. Can anyone speak of the losses doing a flip can use to minimize the tax consequences?...
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Hey there fellow investors!My husband and I have decided to make the leap into buy and hold real estate investing. We have quite a bit of equity built up in our home, and would like to take the equity to finance the ...
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This may be a simple question for most of you, but for some reason I can’t seem to find the answer on google.Suppose, I invest $1000 a year into a fund, say, VOO. I’ve invested 10 years so far and put in the $1000 for...
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Hello everyone!Seeking some advice from the PRO's! How do you submit multiple offers at the same time and have a legitimate option to step back if need be?What kind of contingencies will not be too intimidating for a ...
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Podcast 109 co-hosted by a real estate attorney stated an umbrella policy is not enough personal asset protection and that an LLC is needed. However, I have read that on BP a popular theory is that one should form an...
Hello. NYS. Inherited Tenant is required to pay for garbage in thier lease.Their lease is up and has been terminated for the end of this month.What can I do about garbage that they are piling outside in bags behind my...