Mickey Y.
cast iron pipe collapse in oklahoma city
I'm dealing with a collapsed pipe issue near the bathroom in my property, and the plumber's quote seems quite high. I'm curious about the average costs for fixing such a problem. Additionally, considering the house is...
Matt Wells
Should I BRRRR my rental property? Please give me some advice.
My rental was purchased at $117,900 + rehab costs of $17k. I put a 20% down payment on the property with a 30-year loan at 4.5% interest. Closing costs were $5k. The rehab was paid in cash. My intention was not to BRR...
Mike Whitaker
Tax deductions for losses within my LLC
Hello everyone, been lurking for a while now. Now I have a question, hopefully in the future I'll be able to add to this forum.
I formed an LLC last January, bought a house to fix and flip in July (could my timing ha...
Nadine Kwiatkowski
Fannie Mae Homepath Negotiation Question
Hi all, First time home buyer with a question on Fannie Homepath purchases. I recently put an offer on a home that had a recent price adjustment. I still felt it was priced too high compared to similar houses in the a...
Lawrence Henkel III
Proposed international village in Ypsilanti Michigan
I live in Ypsilanti and I'm currently renovating my 2nd rental that is within walking distance to the location of this project. I went to the city council meeting and saw the presentation and overall feel this is goin...
Matt D.
PayCheck Protection Program
HelloIt’s interesting because the banks are now sending something out making you certify 100% that is absolutely “necessary” that you get these funds in the Paypal Protection Program. I’m not sure what that means. Doe...
Harry Williams
I started a business credit card with my SSN and EIN. Is this ok?
Single member LLC, income is expected to be taxed as ordinary income. Started a business credit card with the name of my LLC but did not provide my EIN as it wasn't required. My SSN is tied to my EIN, obviously. Will ...
Walmsley Gedeon
How old is too old for a buy and hold strategy?
When finding deals how much attention is put towards the year the home was built? I'm sure it plays a factor in the stability of the property. Should really old homes discourage me from buy and hold strategy? Really o...
Patrick Reagan
Multifamily Rentals: Cash flow or "safety".
Am finding the better cash flow is in the tougher neighborhoods and would appreciate thoughts on the matter.Stay away from the tougher areas?Am looking in the Newark,NJ Jersey City,Elizabeth areas.
Dave Rav
Regular maintenance options for 80-unit
Hey group! Wanted to ask about ideas for keeping up with regular maintenance on an 80-unit apartment building in SC. We are currently vetting the property for purchase. Accurately capturing the maintenance expense ...