Michael Lewicki
Smartlocks for out of state investors
I’m sure this subject been mentioned but was wondering if there is any updates on smartlocks. I’m an out of state property owner and was wondering what investors are using. I know wifi is needed for most smart locks, ...
Shafi Noss
Is Depreciation Worth Anything?
I see a lot of investors get excited about depreciation because property values usually go up, but investors can report they went down on their taxes.I am skeptical this is actually an advantage.For example, commercia...
Meghan McCallum
Is August 1 the next D Day? (Disaster, Disappointment, Depression
Ladies and gentlemen...I POUR myself into being a student of this game. I talk to ANYONE who will l talk to me who FAR outweighs my experience and intelligence. I have felt as though this is our LAST summer of love fo...
Andrew Hejtmanek
LLC Cash Out Refi - Can You Get 30 YR Amorization
Friends, My partner and I are currently rehabbing a property in Tulsa, Oklahoma. We will have pretty good equity in the property when completed. We would prefer to hold the SFR for 2-5 years, but banks I have spoken ...
Carlos Lez
How do you address constant minor maintenance issues
I have been doing student rentals for a long time. I have single family homes with students renting by the room. With students there is bound to be maintenance issues perpetually. I have been handling these myself as ...
Account Closed
Question on electrical panel
My electric just installed electrical panel. I did not find any GFCI breakers. He said that the house does not need it due to the age. I am planning to rewire the whole house. I am not sure what he is doing is right. ...
John Stevenson
Stay away from adjustable rate mortgages.
Investing is about leverage. Leverage is about stability. If the rate on the loan adjusts annually, you can be pretty sure the rate will adjust up. Take a look at how just two percentage points can change your payment...
Jason Brooks
House hacking primary residence avoid capital gains, Tax strategy
I have a home in the bay area that i bought with a conventional loan. i have about 150k in equity in the home and i am renting rooms. how can i pull out the equity in the house in order to convert my home from a prima...
Miranda G.
Asking seller to pay for repairs. Need advice!
I'm in contract on a $400K house upstate NY - was prepared to spend $50K on cosmetic changes (painting, new floors, new kitchen, new bathrooms etc) but after getting the inspection report today here's all the issues ...
Cesar S.
Investment property and ARMs
Any lenders for investment properties that give decent 5/1 , 7/1 or 10/1 ARMs? Or are they just way higher than the fixed rates for investment properties? If so how much (roughly)? In particular I am looking at cond...