Alicia McElroy
PMI or pay down
My husband and I are planning on purchasing a fixer-upper in a good neighborhood. Our accepted offer price is $73,500. The most recent appraisal was $99,500 in 2007, before the housing market crashed. We are plan o...
Jason Powell
What is the ideal asset allocation?
If you had a pot of money you have to invest that you needed to live off of for decades, how would you invest it? "Conventional wisdom", modern portfolio theory, and the typical asset allocation of high net worth indi...
Bryan Hancock
Take-Out Condo Financing - 50% Pre-Sold Required?
I am looking at building 8 condos in Austin. The plans and specs are done from a project that got dropped post credit bust. I spoke with our commercial lender about this today and he is checking on take-out financin...
Rigo V.
multifamily comps-how is it done?
I am buying a duplex in an area that does not have alot of duplex's. How are comps completed? Will they look at single fams? or just go back further than a year to find comps? worried that prices were high back then ...
Darien Terrell
First Multi Family Purchase
Hi All,
I am looking to purchase my first multi-family property to owner occupy in the Akron/Canton area. My plan is to househack for a year and then transfer the property to an LLC after 12 months. I'm looking to p...
Justin Goodin
How many offers are you making each month❓
For those that are actively pursuing deals in this competitive market, how many LOIs are you submitting each month?-What deals?-1 or 2?- 3 to 5 ?- 10+ ?
Jeremy Fields
Student rental amenities
I've got several rentals in an area that is predominantly occupied by students and would like to offer the most desirable products in the area. One of our units is a 5 bed home that will be renovated next summer and s...
Brian Arnold
Looking for advice on bookkeeping
My wife and I are planning our 1st Seattle flip mid Feb 2021. We plan to do at least 4 per year. We have most of our team assembled including a CPA but I'm wondering if we can manage the bookkeeping ourselves or do we...
Hans A.
Leasing to Business Owner with Bad Credit & More
Hello All,I have a question about renting a House (5BD) located in Central Texas to a Business owner and his family from Puerto Rico. They have commercial Business and deal with selling Energy solutions (& product...
David Johansen
Is there a difference between the property taxes residential verses investment property?
A friend of mine who is not a real estate investor said they knew of someone whose property taxes doubled when they switched the property to a rental. This seems crazy to me but I wanted to run it by you before I disc...