Jake Kucheck
A Hopefully Non-Provocative 2% Rule Question
Not trying to stir up the nest, just looking for an answer.
Obviously in the OC, I never think about the 2% rule. But... starting to look out of state, I was looking to clarify the following:
I know that the 2% rul...
Adam Bartomeo
When Everyone Says It Can't Be Done - Another 2 Houses Sold
From the day I left corporate America, up to yesterday, I have been told that you can no longer flip properties in SWFL. "Those days are gone", "it's not like it used to be", "you can't find good deals anymore", is al...
Calvin Matthews
Trying to figure out which option for electric water heater is best.
Hi everyone. My property manager just called me/sent an invoice with 2 options regarding replacing an electric water heater (please see attached screenshot). The property manager said the issue is the water heater's a...
Thomas Stanley
Selling Low income houses
2 years ago I purchased a package of low income houses from a friend in the business. All together the houses were around 85k. There not in terrible shape but are low income. When I bought the houses, I inherited a pr...
Benjamin Sulka
Rental Income for Loan Qualification
Is it typical for lenders to allow 75% of rental income on your previous property to help you qualify for your next property? Would love to hear your experience with lenders and scaling your portfolio with the right o...
AP Horvath
Valuation on CRE as cash business without tax returns?
When you are looking at a Mom & Pop deal like self-storage or self-service carwash -- and the seller absolutely refuses to provide financial statements or tax returns -- because they have been running this as a ca...
Collin Hays
Are vacation rentals still worth it?
As we return to the post-pandemic pace of supply and demand, investors are beginning to count the cost of operating a vacation rental, and if it is all really worth it. Well written article here. One huge factor not...
Benny Morfas
Buying a 4-plex for under $30k.. but in a class D area. Worth it?
Hi everybody!I thought I’d turn to the forums because I saw an interesting deal, but there’s some red flags. Since I’m relatively new to real estate, I’m hoping some more experienced people can guide me in the right d...
Jacqueline Lee
Is “OPM” real or a myth?
Along my journey to understand how to acquire my first property, I have encountered people that swear it’s possible to use other people’s money (for down payment, closing cost, rehabs etc) but on the other hand I have...
Matt Smith
Small Town Warehouse Income Too Good
Investment Info:
Large multi-family (5+ units) commercial investment investment in Kenedy.
6,500 sf Warehouse with extraordinary ROI for a long term income play.
What made you interested in investin...