Christina Potosnak
Adding HVAC to New Mobile Homes
We are working to add air conditioner or heat pump to 15 new 14'x56' homes in SC. Looking at the manufacturer's equipment sizing, it suggests a 1.5 ton (Energystar) or a 2 ton (HUD). We are leaning toward 1.5 ton s...
Larry Sarner
Getting that first deal done
So I have a potential deal: Bank owned condo 2/2. Recent comps $280-290k. Bank is asking $199. rehab estimates come in at $57-$60k. I'm offering $120k. I'll probably get laughed at but factoring in the carrying ...
Parker Kenneth
New construction NINA and “projected-income” financing help
Hi everyone. Posted once before and have since visited an investment meetup and have structured my plan a bit better but need further help still. I own my own business as an architectural designer and have designed an...
Eric La Pratt
What closing costs, fees, etc. are deductible from 203k project?
I closed on a multi-family 203k project in Chicago that I am house hacking. Since I will be occupying, I understand I can only write off a portion of the expenses (presumably 75% since there are 4 floors and I will li...
Carissa Holmes
buying a 2-4 unit under LLC in texas
Newbie here! and ready to “Professionalize” a bit - I’ve purchased a few properties over the past few years in my personal name. I want to make the next purchase - a 2 - 4 door property in Texas - in my LLC’s name (al...
Brian Olson
Dwelling Coverage Amount
I Have been going out to bid on my homeowner's insurance policies and I have found a lot of variation in what companies recommend for the Dwelling portion of coverage. Ranges have been 170 dollars sq. ft. to around 3...
Ananth Subramanian
Advise on investment
Hello, I have chosen a house in Mesquite, TX. This is a 1796 sqft, 4 bed, 2 baths and 1986 built. The house looks good from an inspection perspective and it satisfies what I wanted from a house. The house had previou...
Bobby Balow
Why Our Taxes are So High After Investing in 3 Homes?
Good morning everyone! I want to start by saying thank you to this amazing community! I really hope we can get some advice on our tax situation.In 2020, we only had 1 rental at the time, but an investor in the area wa...
Ryan P.
If you had 250k in cash to invest in real estate....
...and you wanted a true passive investment that would at least have some cashflow, for a long term (10 year plus) investment, what would you do? What type of investment, and where? And what would be the best way for ...
Robert Hamilton
Trying to pick best financing rout for 3rd rental
In this crazy time, I plan to pick up a 3rd SFH (under $180k probably) to make a long term rental here in St. Petersburg, FL.
I have $50k cash on hand that I can use for purchase, other $ for a small upgrade to make ...