Riley Barclay
2% Rule vs 1% Rule and their Relevance
Back when the 2% rule was very relevant what was the average house prices/rent prices that were meeting the criteria? As prices on houses rose, things leaned more to the 1% rule. Now it is starting to be difficult to ...
Jedd Braunwarth
Sewer Televising
Just curious on how many of you do sewer line televising while in your 10 day inspection period when buying a new property? If you do not I just wanted to share my experience with you to encourage you to do so. To sta...
Michelle T.
REI lines of credit using credit card cash advances
Question...companies claiming to get you up to 100k in credit card lines with 0% cash advance fees, no annual fees and the big question...0% interest for 12-24 months using a cash advance (not typical cc purchases). T...
Dwight Cox
Cold weather and plumbing
Good evening. We have just been hit with cold weather here in NC. The past week has been brutal, of course relative to how it has been. Of course 2 of my properties are experiencing plumbing issues. You know the most...
Toby Auer
What is the best way to get started in wholesaling?
I currently have 3 properties. I am using a family members line of credit on their house to build an ADU in the back of my 2nd property and I will be in debt to them approx. 100k plus about 8-10% interest. They aren't...
Stefan D.
Gas Disconnected - Should I install electric heaters?
I recently closed on a up/down duplex in Avalon, outside of Pittsburgh. The gas was disconnected in 2017 because the prior owner left the place vacant and didn't pay bills. I'm weighing my options, and it seems like...
Keenan Fitzpatrick
The hidden costs of home inspections: Why you might be paying too much for too little
It's human nature to focus on hard costs. They are right there in your face and quantifiable. But what is the costs of not inspecting a flat roof because the seller said it was ok?A plumber can cost $250-$350/hr to p...
John Lewis
incorrect property lines
I'm in escrow on multi-unit property in Utah and title wants an exception on their title policy for correct property lines because they property lines overlap and they don't know what they should be. I asked them to...
Tyler McDaniel
Hard Money for Purchase Only?
Has anyone used a HML for the purchase only? I would rather pay for the rehab with my business lines of credit to save money. How would this affect the reserves they want me to have? Thanks in advance!
Tyler
Paul C.
Deducting Origination Costs on Line of Credit
Does anyone know how you would deduct the costs of obtaining a line of credit? For example, let's say I get a line of credit and I pay the following fees:Attorney Fees: $500Origination Fees: $750Title Fees: $1,500Cou...