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Hi all! I am exploring hard money options in RVA and would like to know what to expect regarding costs? i.e. origination costs, appraisal requirements, interest, commitment fees, processing fees, etc. I have a decen...
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Happy Friday Everyone!
So I have a quick question. I am in the process of renovating a property and interviewing contractors. One contractor I spoke with provided a quote of $16,000 to renovate two bathrooms (1 sma...
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I own a SFH.Bought it in 2009 at 385K + 50K in rehab = 435KCurrent Market Value 785KCurrent NOI = 32K Annual = 7.7 % Cap Rate on my investment, 4 % Cap Rate at current market pricesshould I continue holding it or sell...
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Hi Can anyone give me an honest review of Don DeRosa's course on Subject Tos? I can't find any info online about it anywhere.
Thanks,
Jenny
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Here's an interesting article I came across on yahoo finance, surprising not to see Philadelphia on the list, but the rest make sense. There are scores of reasons to choose a city, and even more reasons a city can ch...
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I own a 12-unit in Baltimore city where I pay all the water and sewer for the tenants. I am thinking of getting the system in place to submeter so the cost can be pass down to the tenants. It will be a project that in...
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In reviewing my taxes for the upcoming year, I've been looking more closely at my Schedule E and reading more about depreciation and cost basis. I know that your cost basis needs to be accurate, a number the IRS agree...
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Hi, I am a new landlord and will appreciate some advises for the following questions. My tenant moved out and left a mess behind. Some repair works needed are as follow which I am not sure if I should deduct from s...
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Now that interest rates have spiked, home prices are dropping, uncertainty abounds and I am assuming flip profits are decreasing, does it mean lower rehab costs? Does "houses are no longer flying off shelves like hot...
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Hey guys I have been lagging for the last year to do action until today I finally picked up the phone and started calling and I think I'm ready to devote as much as I can and do the flip
so due to my capital limitat...