Ron King
65-70% of ARV
Hello, Why 65% or 70% of ARV? What is factored in that %, because repairs are factored in after you take 70% from the ARV?So if i offer a seller 70% of ARV and they ask why 70% what do I tell them? "Because its rule o...
Daniel Amsalem
Please help keep northern VA STR-friendly
If you have an Airbnb in DC, Maryland, or Northern Virginia (NOVA) or want to, I'd ask you provide feedback to the City of Alexandria regarding their proposed regulations.Regulations: https://www.alexandriava.gov/site...
Sean Pearce
Approved Mortgage Loan Not As Much As I'd Hoped For
So I've applied for my first mortgage ever on an investment property. I have good credit fluctuating between 760 and 790, net monthly earnings just shy $10,000.00, over 2 years in my current profession, no current hou...
Derrick Williams
OBX Rental Purchase
Hello,
I am considering purchasing a short term rental in the OBX area. Can someone provide me with some insight as to how profitable this would be? Also, I'd like to know good lenders in that area.
Thanks!
Sam Shirazi
do you guys use home warranty on Rental property along with PM?
Hi guys, wanted to know if real estate OOS investors in Austin use home warranty and have their PM work with HW in case of repairs ? My PM is against working with home warranty companies due to their slow response tim...
Matthew Thomas
Getting started with $30k and no credit history
Hello, I'm new here but I guess the title says it all. I am 19 years old and I have about $30,000 to invest in real estate. I have no credit history and I'm wondering where to begin. Real estate in my area is fairly r...
Nicholas Hubbard
Are Properties with Liens Still Good for a Wholesale Deal??
My cousin & his father are trying to sell there Multi-Family Property and it has a sewer/water liens on it and i wanted to put it under contract. But was wondering if this is something i should go after? Who would...
Alik Levin
Distribution to parent LLC is income but not child LLC expense
Dear all!I have a company structure where a parent LLC owns children LLC's that own properties. When I look at the books that I manage via QuickBooks Online the distributions from children LLC considered as an income ...
Matthew Malczewski
How to have a talk about private money
Hey All! I want to have a conversation with my father in law about being my private lender. He’s more of a stock market than real estate guy. He has plenty of money and I want to help him help me so it’s a win for bot...
Lakyra Muenzhuber
Advice for someone wanting to get into real estate development
Hello,
I am new to investing and real estate as a whole. I'm currently in college with the goal to be a real estate developer, so how should I go about finding the capital, raising funds, working with experienced inv...