Christian Carson
Creating a third unit in the attic -- a debate
I recently bought a second duplex on the same street as a triplex I own. They are functionally the same construction--1920s-built, up-down 2br apartments of about 1000 square feet each with front porches, and a fin...
Jared Hottle
Seller financing vs conventional
Anyone have any good rules of thumb or calculator for the break even point between seller financing vs conventional mortgage?So if someone offered seller financing at a higher rate, higher purchase price but 10% down ...
Jonathan Shnoravorian
Higher Down Payment or Buy more Real Estate?
Would you rather use extra capital to put a higher down payment (30%-40%) to produce more cash flow each month on one or two properties, or put less (15%-20%) and buy four to six properties?
Tommy Clark
Active appreciation and financing
How much of the potential active appreciation should you finance for rehab. I understand every deal is different but if anybody has a general rule of thumb they use that would be great. Just don’t want to take off to...
Mike Hanson
Is 2bd/2ba worth price difference above 2bd/1ba for rent income?
I'm buying Eight 2bd condos in Seattle area to rent out and generate monthly income.My 2 questions are:
1. Are 2bd/2ba & 2bd/1.5ba worth price difference of around $50K above 2bd/1ba for rent income in long term?...
Bryce Andersen
Surprise charges from a contractor
Recently I had a contractor install LVP in a home I'm remodeling. We got an estimate from him for the project for $2,753. nothing was ever signed. The contractor was terrible to work with and hard to get ahold of. we ...
Corey Kenney
How does having solar change the value of the home
How is solar considered in terms of property value? I have 2 examples, if I have a potential listing where the owner just purchased a new system and is paying it off over the term of the loan, how would I weigh that a...
Edward Rogan
Buying Property with Vacant Parcels-Considering Options
We recently opened escrow on 2 properties in Brazoria County, TX. They are less than 2mi apart and they each have a vacant, adjacent parcel, which was included in the deal price. The parcels are large enough to build ...
Henry Clark
Self Storage- Deal 2
Start Small and make your big mistakes Early.
Deal breakers- market, finance, zoning, footings, road type, water/sewer availability, Storm sewers, Storm retention ponds. Everything else you can mess up and not get t...
Daniel Kramer
Well Water & Septic
I am considering a potential rental property that is on well water & septic. I have never lived on well water & septic, so I don't know if my fears are justified or not. I have visions of sewage seeping up thr...