Suzanne M.
Splitting Profits with a hard money lender
I don't know how to fairly split the profits because the hard money lender is giving $40,000 cash for the down payment on a $545,000 apartment complex. (We will be assuming the remaining $123,500 to make 30% down.) Th...
Joseph Arellano
Question with the 70% rule when fix and flipping.
Does the 70 Percent rule apply to homes with an ARV of 700K+? the higher the price of the home the higher the gap you pay with the 70% rule is. I noticed doing the 70% rule on much pricier homes the offers are extreme...
Ashish Wa
Need feedback on Marietta -30064 area
Hello,I have usually hears that east cobb is a good area to invest that covers outside the city limit of marietta but how is 30064 in general,that's within the city limit ? It's super close to tumlin park but there ar...
Rich Gabrio
Negotiating with builder to leave walk out basement unfinished
I am currently looking at new construction SFR
as an investment north of Seattle area, in a development with one
remaining home where framing has just been completed, electrical work to
begin soon. This home is ...
Rich Gabrio
Negotiating with builder to leave walk out basement unfinished
I am currently looking at new construction SFR as an investment north of Seattle area, in a development with one remaining home where framing has just been completed, electrical work to begin soon. This home is the l...
Kenneth Kussman
Dallas Texas - Zip 75210
Hi,I am new to Dallas Texas.Anyone familiar with the Zip 75210?It's the lower part of town. some empty homes and duplexes but they are cheap and people are living there.I'm new at this and was thinking of possibly pur...
Joseph Davis
Determine cost basis on primary residence turned into a rental
Given that you can depreciate a residential property over 27.5 years - if we buy a new home & turn our old primary residence into a rental - does the depreciation start from the date the home is turned into a rent...
Michael Weber
Northern Lower Michigan occupancy rate
I've spent the past few weeks reviewing potential inland lake front short-term rentals in northern lower Michigan. I'm somewhat of a native having spent the first 22 summers of my life in the area, so I understand th...
Mark K.
Lower purchase price or lower interest rate? Need your help!
I wanted to get your thoughts on the scenario below. Would you rather choose option 1 (lower home price) or option 2 (lower interest rate). Ultimately the mortgage ends up being the same. Let’s assume you want to s...
Christopher Krueger
Hard money loan percentage
What is a fair percentage for a hard money loan? I am taking out a loan from my father in law and I am wondering what a fair percentage is for a $120,000 loan on a fixer upper. Does it accrue monthly or yearly?