Milind Shastri
Gas pipe expert advice. Pics included
Hi all,I am looking for some advice on a gas plumbing job so I can talk sensibly before giving the job it to a professional. The pipeline between female ends labeled A and B needs to be replaced. The inner thread diam...
Jerry Kisasonak
Lender wants us to modify ownship interest. Should we?
We have an LLC in which I and my partner have 50/50 ownership. We are applying for a blanket loan which will refi 9 single family homes. My partner's credit has some dings on it and is fairly low. The lender is saying...
Aaron Webster
Comprehension Question Regarding Interest Rates
My apologies for the simplicity of the question. Why exactly, does a rising interest rate diminish the appeal of owning real estate for the purpose of renting or flipping (for investors)? One can assume this is due to...
Tyler Frost
Tips on Dodging Uncle Sam
I just recently bought my first flip house. All in after closing cost I'm at $75,000. I'll have $20,000 in rehab and the ARV is about $130,000. Based on expressed interest I don't think I'll have any problems getting ...
Faysal Alam
Commission or discount ?
I'm currently looking at a house in Queens new York for about 725k , looking to house back . The dilemma I have on my hands is since I am a realtor and will be representing myself I can either take a 1.5% commission w...
Joseph Nguyen
Potential Tenant wants to book in advance
Hello!I'm new to the real estate scene and was wondering how to handle potential tenants who want to book months in advance? What's a reasonable timeframe? Do I just ask for 1 month deposit? I currently have a SFH whe...
Luisa Trigo
Mortgage and HELOC at the same time?
Hello,Our back up contract was unexpectedly accepted so the timing on everything shifted before we had everything lined up. Hence, we are about to close on a mortgage for an investment property and we are in the appli...
Keith Thompson
Deduction phase-out question.
Although I owed a duplex as a primary residence in the past, I'm just now getting into multi-families as investment vehicles- mostly buy and hold for cash flow. My income is moderate, but combined with my wife's we re...
Treza Edwards
Cash Flow Corrections
How can I correct cashflow issues if I have 3 properties? 2 are not cashflowing with the required expenses for vacancy at 10%, repairs at 10% and capital expenditures at 5%. Although I have 2 steady tenants in the pro...
Robert Burns
Fair Deal
I have a purchase agreement on a property that I intend to assign to a rehab flipper. I calculated the approximate ARV, repairs (flooring & updates) and profit and ultimately the wholesale price including my assi...