Account Closed
Gut to studs? Drywall question
Hi there, I am in a process of renovation of a house. The house is quite old, and has smell in it. The previous owner had pets. I will be changing plywood floor here and there. But I am more concerned about the drywal...
Robert Arnold
Have you had a loan called after transferring a property to LLC?
Purchased a property in my name with a 30 yr fixed mortgage (big corporate bank). Have sense formed an LLC. Planning to transfer into the LLC. Would love to know if anyone has done this and the bank called to load due...
James Kerson
Tell Me Why My Discount Brokerage Idea Is Bad: Calling All Agents
I’d like to start a new kind of real estate brokerage. It would dually represent buyers and sellers and charge a total commission of no more than 0.6%. Instead of depending on buyer agents to drive prospects from hous...
Account Closed
Cashflow positive in CA with 10-15% yearly appreciations
Im tired of reading about all my local CA investors wanting to run out of state for so called "great cash flowing properties". I have purchased (along with some of my investors) over 2 dozen SFR and MFR positive cash...
Brian Garrett
Leasing a new car (Conventional DTI Concerns)
So I decided to sell my luxury car in order to free up more capital for real estate deals.I couldn't justify having a lot of cash tied up in an expensive vehicle anymore knowing I could be investing that money.I curre...
Douglas Gratz
I dont understand how you make the numbers work on Class A RE?
I currently have 12 units all of which are Class C. My ROI for most is around 12-14% and CoC way higher but how do I make my strategy work for Class A Properties? When I buy a property the following has been my stra...
Josh Bustle
Dead Equity - How much money do you leave in rentals?
Hello Bigger Pockets!My main question is how much money do you leave in your rentals? I've got one rental property worth $280k, about 60% LTV (115k in equity). I just closed on my first "Live in Flip" and I'm moving i...
Jonathan Yeh
What would YOU do if you have a large sum of money?
I've been thinking what people would do (or rather, what's the best thing to do) when they receive a lump sum of money for whatever reason.
Would you...
1. Pay off your primary residence (90-100%), and invest the re...
Scott Benton
Mortgage Hacking: Why I Paid My Mortgage Six Months in Advance
At one point somehow I accidentally paid my mortgage on an investment property twice in the same month.
That was dumb, I thought, after realizing my mistake. However, instead of calling the bank and trying t...
Gerald Barron
To lower rent or not?
As you can tell from the title I'm trying to decide whether I should lower my rent or not. Here's my situation.
I have a class A property that I currently rent for 2800/mo. It is kind of niche for the area as I rent ...