Joseph Davis
Offer price help needed in Northern Utah!
So I was listening to the podcasts the other day - and I could have heard wrong - but a guest said that they always come in at 70% of the asking price and then deduct rehab costs below that number. When I run this ou...
Steve Porcello
Live in MA, already investing in MA, considering RI?
Hello everyone,My name is Steve. Me and a partner have experience with SFH, condos, apartments, and small storefronts geographically between Boston and Cape Cod. We primarily buy, rehab (if necessary, usually less tha...
Simon Stahl
BRRRR - Why does that seem so easy?
Hi everyoneI'm just starting out and looking into BRRRR as a strategy. From what I read so far, his should be really easy. Too easy actually. I feel like I am missing something.This is how I imagine it would work for ...
Shawn Ackerman
Title Insurance a MUST or a BUST
If the inspection goes well tomorrow I will be buying a property from a wholesaler(cool person) and I wanted to know if I should get title insurance. I'm buying the property cash and will most likely be putting a mor...
Patrick Philip
Always use a realtor for flips?
So I just ran the numbers on a potential rehab property. Purchase = $310,000. Rehab = $80,000. ARV = $499,000.My profits before realtors commissions = $71,585. After deducting $29,940 of commissions, profits = $41,645...
Kurt Gardner
Renter's Insurance - Should Tenants Have It?
My insurance agent has provided me with wise information on multiple occasions (the greatest money saver so far is to NOT escrow my insurance and bundle my properties when they are geographically located in close prox...
Tanner Johnson
DSCR "Rural" lending
So I have been having a lot of trouble getting a cash out loan on one of my properties I own outright, and I thought DSCR lending was going to be my saving grace. Well turns out pretty much my entire investing area is...
Dante Pirouz
Portfolio lender vs. Commercial lender
My husband and I have been investing in buy and hold rentals for 3 years now and we currently own 7 units across 3 properties. We have steady income as professors and strong credit ratings. As of this year our tax ret...
Quinton Kocher
Renter Broke Lease still wants deposit returned
I have a good tenant breaking his lease 4 months early on 5 days notice. He has cleaned up the apartment well and he believes he is entitled to his deposit. Is he right? Property is in NC. No backfill identified a...
Vincent Van
New member from Orange county, California
I'm Vincent, from Orange county, California. I'm here to learn about about REI.I have set some extra cash for investing in buy-n-hold SFRs, and would like it to be as passive as possible. I have done extensive readin...