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Been listening to the podcast a ton and figured I would give the forums a whirl. Background: I own a separate, successful business and I am looking to diversify and also get some tax benefits from rentals. I grew up ...
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Should I lower my mortgage payment by refinancing or refi with cash out and wait for an opportunity for future investment possibilities? and emergency fund? Unsure of economy and whether I will have a job to raise m...
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Has anyone got experience of purchasing occupied property from Auction . com? There are a couple of places I like the look of, but no information on the resident. How can I find out if the property is occupied by a te...
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Hi Folks, we already listed our home and had 2-weekend open house and we got multiple bid already, so we got multiple bids on DOM 4. Aftre that we decide to set up a due date, but the offer is very strong , and slight...
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Before discovering the idea of REI, I purchased a home in unincorporated McDonough for $176K @ 2.5%. The loan was acquired through a mortgage program named NACA. The loan prohibits using the property as a rental, so I...
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I am going to sell my home and buy a new one. After I sell my home, where should I temporarily keep the large amount of money (>$500k) until I buy the next home? Should I keep it in a high yield savings account?
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Hi,My wife and I have been saving our pennies for 20 years. We live in a small 3 bedroom home, near the NC coast. We found and purchased an REO property with cash that has a bad sewer and needs work on everything. I a...
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Got some numbers from a hard money lender who had me itemize and budget me reno. Playing it safe, I over estimated some cost to get to the allocated budget. Question is, when the time comes and I finish work, what hap...
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Going forward with our very first section 8 tenant, but need some help. On the inspection checklist it states all modifications or adaptations of unit must meet applicable HQS and building codes. We purchased our unit...
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Are there any tips, tricks, or guides for turning on utilities after close of escrow and possession? This particular property (townhouse) has been bank-owned and vacant for the last 14 months. I am assuming all utilit...