Hello, to all concerned my name is RW Carney III. While I do want to remain within the guidelines of the forum and not solicit business, I do not know how to make myself of value to a potential mentor without some sol...
Hi Everyone,I am looking to do my first out of state short term investment property and I'm currently trying to decide between Houston, Texas vs Atlanta, Georgia. So far I compiled a list of pros and cons for each ar...
Hi All, I need another opinion/clarity about my closing costs. Home is a multifamily for $380k, conventional loan, bought 1 point and interest is 6.125. Initial closing cost estimate was $13.5k. Just received disclosu...
1)How do you get accurate financial numbers on a potential property?2)Who do you get the accurate financial numbers from?3)What is the point of a pro-forma if the numbers are altered and made to look good? Why not jus...
Hi everyone,I am closing on my first rental property and this is the closing cost details that my lender sent me last night. The property is $115,000 and I am putting a 25% down payment on it. The total closing cost i...
I’m pretty new to being a landlord. We bought our house a little over a year ago and at first everything was fine. Winter came and since then the rental unit has flooded every time it’s rained. We’ve checked our gutte...
Good Morning Fellow Investors, I am writing this post in hopes of getting some advice, recommendations, or prudent remarks from investors who have a lot more experience with real estate than I do. Since my time is lim...
I was looking at a property that had extremely high taxes in relation to Gross Rents:
2 apts $500 ea, $1,000 Gross
Taxes: $4,250/yr $355/month
...
Hey all, I did a cost seg study on my short term rental for the 2022 tax year. I'm a financial planner by profession & really wanted to understand the nuances behind this topic more. I love comparing the hype vs r...
I am in Washington State. I am going to start wholesaling homes. This is my strategy. Please let me know if you have tried anything and if you have any suggestions. To find cash buyers:Ask title company for a list of ...