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Results (418)
RW Carney III Looking for Mentorship in the Washington DC Metropolitan Area (DC/MD/VA)
9 September 2014 | 3 replies

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...

Mike Dang Short Term Investment Property with ADU Project
13 September 2023 | 6 replies

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...

Alexie Franck Closing costs from 13k to 17k for $380k NJ home
23 January 2024 | 11 replies

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...

Ken Morris A few newbie questions
18 August 2014 | 3 replies

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...

Tony Dinh $6850 in closing cost
19 June 2019 | 10 replies

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...

Clayton Carr Rental Unit has a leak
14 May 2024 | 7 replies

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...

Nancy E. Newbie trying TurnKey Investment
28 October 2015 | 29 replies

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...

Kirk B The Reserve Expense Prinicple of Property Analysis
12 August 2009 | 6 replies

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
...

Daniel Murphy Cost seg & STR loophole from a financial planners perspective
15 October 2023 | 8 replies

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...

Johnathan B. New to wholesaling. Let me know how I can improve
23 December 2018 | 3 replies

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 ...