Charlie Moore
Situation! Please speak on it!!!!!
Hi guys! I hope this forum can help me out again. As I build my investment portfolio, I keep learning. I keep going thru the good and the bad.Situation: I hired a marketing manager, just part time. Great kid. College ...
Richard Hadley
Long term loan vs short term strategy
I'm just curious what other investors prefer and why. Some of my local gurus are recommending that long term loans (mortgages) are better because they get more of the profits right at the start rather than waiting for...
Shawn Regnier
"Purchase STR End of Year - Bonus Depreciation - Pivot to MTR" Questions
Hello Everyone,I recently heard a guest on Brandon Turner's newest podcast discuss their STR strategy when working with Doctors. The gist is that their clients (primarily doctors) purchase homes at the end of the year...
Account Closed
Seller has a mortgage, but bank didnt record it at deeds office! seller wants to pocket their proceeds, advice?
So, im under contract to buy a duplex for $68k, actually nearing the end of the contract period. its kinda turned into a hairy mess. Heres the key notes:- Title company found a $10k judgement against the seller which ...
Shari Posey
Need help with a "subject to" with penalties
I have never tried to put together a subject to so bare with me...
There is a really nice ocean-view condo that I had wanted to buy 2 years ago f...
Jason C.
Bought two houses and rented them out.Good,okay or bad??
Long time reader, first time poster. I just bought two houses and fixed them and rented them out.. I would really appreciate anyone to chime I'm to see if I good deal or not and if my rents are good enough. I paid cas...
David Acosta
Refinance Owner Financed Property - Residential or Commercial
Hi All -I had a quick question about a deal that I'm looking at and would love any and all feedback. This would be 4 Duplexes, 1 triplex, seller financed. The balloon is 3-years and I would be looking to implement t...
Joseph Schriever
Value Difference in New Kitchen VS. Air Conditioning
Hello All,My duplex rental property is located in Buffalo, NY. The summers get muggy warm but very rarely does it reach temperatures of 90 or higher. I have been debating on what a tenant would value more between a ne...
Steven DAmbra
Question for Wholsalers....???
I've done 2 single family flips so far, Not afraid to tell you that I failed and lost money on both due to myself mismanaging the deals. I chalk it up to hands-on education. Education ain't free no matter how you slic...
Jack Forester
Where to credit seller paid closing costs (I'm the purchaser)
Okay, I bought a new rental property and had the seller pay 2% of closing costs (max allowed by my lender). Under the new Closing Disclosure form (no longer the HUD form), it shows nothing specifically paid by the se...