Pier Di Giorgio
Real estate "professional" status with the IRS
Does anyone who had claimed status as a Real Estate Professional with the IRS also have a full time job? I own 4 rental properties and I also work from home a medical supplies sales rep. I buy and manage the propertie...
Perig Vennetier
Strategy and amount needed for $25k gross annual income
Hi all,I could move to another country in a few years selling everything I have in California including principal residence. I would need about $50k per year to be quite comfortable there. I can easily get a job for $...
Greg R.
Question about DTI, Surprising lender response
Hey guys, first off thanks for taking the time and providing feedback. I got a very surprising response from a lender for a property that I'm in contract for. Short background, I own 3 properties... two of them multi ...
Account Closed
Home rehab -- bank telling me to assume $0.30 value increase per $1 spent
I'm looking to finance a renovation of my primary residence and one of my lenders is telling me that if I spend $150,000 on a renovation, I can expect it to add $50,000 or so of value to my home. That seems too conser...
Jacob Chaney
Is all multifamily income treated equal in appraisals? Wash, DC
I run a student housing program in Washington, D.C. that sees me receiving anywhere from 50% - 100% more than normal market rents. I have contracts in place with large universities and colleges along with a track rec...
Ken M.
Cash vs. mortgages (or neither) for income investing
The goal is to earn 8+% on my nest egg year over year. Ultimately I want to invest for income, income to live on. Thus far I've researched quite a bit about investing in tax liens, NNN leases, becoming a hard money le...
Carl Fredrickson
Contribution to net worth
If you have shares in a publicly traded company, their contribution to your net worth calculation is the number of shares you hold times the price per share. If you have a house, it’s contribution to your net worth ca...
Jorge Vazquez
RE Vs Stocks, discrepancy in investment behavior raises significant questions!
Here's a controversial topic! As someone who's gone from being a financial advisor to a real estate consultant for the past 20 years, I've noticed a disturbing trend regarding newer investors more and more. Why are pe...
Pete Condit
Financing question.
I tried this in a different forum, but, it looks kinda slow there and I haven't received a reply, Thought I'd try it here where there seems to be quite a bit more traffic.
A friend and I are looking at a 2 family. We...
Matt Pernice
ROI Percentage For Flips in 2013
Was wonder what types of returns the flippers are seeing in 2013? 2012 allowed for many 25-30% in 6 months, not seeing those types of returns now.