Todd Snyder
Understanding Refinance for a duplex
I'm working on a Refinancing a duplex right now, and my loan officer asked what interest rate I wanted? After asking what he meant, he proceeded to tell me that the more I payed the lower my interest rate would be. Ho...
Faaz Hafid
Tax Season Rental deductions
Anyone has any suggestions on what in general are the categories for expenses/deductions a land lord can use?
Spenser Murphy
Property management rates
I understand property managers charge half a month's rent per new tenant. The monthly percentage ranges from 6-15%. What rate can I get on a duplex? What factors affect the monthly percentage? I'm doing as much resear...
Jeff L.
How do reassessments work in Indianapolis?
This is about the assessed values of houses in Indianapolis or Marion County, IN for tax purposes. 1. When do reassessments take place? Can you request a reassessment and if so what is the cost?2. What is the reasses...
Ken Webster
Investing in house to rent vs index fund
In your podcasts, many guests have real estate that is rented out. Do you know what the annual returns are as a percentage? For example, if I bought a property for 100k, have a mortgage and all fees associated with ow...
Account Closed
HUD/Lender limitation on rehab for FHA 203K loan?
My mortgage broker just told me the maximum rehab amount that can be financed into the 203K loan is $35,000 (this includes HUD inspection and other fees). Is this amount set by HUD or this limit varies by institutions?
Kellan Martz
New investor - Looking at Vegas and a few other markets
I am a younger attorney located in Los Angeles with experience in government and landlord/tenant law. I've decided to take the first steps into real estate investing with a business partner, also located in Los Angel...
Grace Olinger
New investor looking for advice- househack property analysis, CPA
Hello everyone,
First of all, thank you for all the information that everyone has provided on this forum, it's very helpful for someone like me who is new to real estate investing.
I am a first time homebuyer who o...
Brad Eckert
Smart Thermostat Recommendations
I have a four plex that runs on oil that heats the entire building. The thermostat is in a common area and the tenants continuously crank it up to absurdly hot temperatures. I would like to purchase a smart thermostat...
Ty Burns
Two Flips Underway This year!
Just wanted to share the two flips that we have underway this year. My goal is to knock down 8 of them by the end of 2013. So far, I am on track. I have one short sale that will be ready to close in a few months and a...