Jason Gallimore
1031 exchange and trouble financing property to purchase
We are selling one of our rental homes in order to purchase one in the same state we reside in to better manage the property. We are doing a 1031 exchange however we are having issues getting pre-qualified for a mortg...
Alex Price
What percent of income is positive Cashflow for large portfolios?
For large real estate investment companies (100 unIts+) with in house leasIng, management and maintenance. What percentage of income is generally positive cash flow? Where I live there are companies who own 10,000+ un...
Elvis Vasquez
Miami Foreclosure process (from courthouse auction)
Has anyone here completed one of the courthouse foreclosure auctions before?If so how was your experience in dealing with the remaining mortgages and the over-all process to clear the title?Also how did you deal with ...
Matthew Mucker
To Paint or Not To Paint
I recently purchased my first investment SFH. (Hooray!)
The house has lots of equity but will be marginal on cash flow. My plan is to rent the house for a year and then sell it. I want to capt...
Jeffrey Emery
Transactional Funding allowed in California
I am just getting into Wholesaling and interested in Transactional Funding. My area is Southern California. Is Transactional Funding legal in California? Is it the same thing as Double Closing as far as the Title Comp...
Tynan Dill
Recent Evictions...Approve or Deny ?
Is it just the simple fact an eviction exists that I should deny an application, or should I look at the nature and facts of the eviction and consider criminal history before deciding to just deny the application beca...
Zane Zelei
Contractor did extra repairs
Hello all first created post,
I had my PM company contact me and say they needed two windows replaced for around $1300 a month ago. I just received a bill for around $3900 for the replacement of 5 windows. I was neve...
Steve Weinstein
Rental Rate Decline and Interest Rate Increase Scenario
BP. I was not in the game around 2009/2010 and a few years after when the market was in turmoil (unfortunately missed the opportunity to buy dirt cheap at low rates). I am in South Florida but as a whole did rents s...
Stacy E.
How can I remove drywall dust from grout?
So my grey grout now looks white because of drywall dust. I have tried to vacuum it and clean it with various substances but it's not coming up. Has anyone had this problem or know how to fix it? TIA~Stacy
Wells Mangrum
Interest rate risk hedging
For those that invest in commercial real estate with NNN tenants and long leases, what strategies do you use to hedge against interest rate risk? I believe that the most simple hedge is to obtain a loan that has the ...