Brandon Purdeu
Chronicles of a newbie part II
I wrote last time about how I had put my first flip project under contract thought I'd share a little about the process. The buying process has been a little slow since I am purchasing from an estate and decisions are...
Casey Zepeda
Have you guys heard about the 2 1 buy down loan?
Hello I'm new into REI/BP and trying to get started right now, as I'm looking at my options a lender started talking to me about a 2 1 Buy Down program (which I assume is covered by the seller) . I've never heard of t...
Account Closed
Closed my first deal! Now what??
Well, we did it! Finally! My partner and I closed a few weeks ago and we received a signed lease 21 days after closing. The deal was an interesting one that fell into our lap. My neighbor couldn't sell his house after...
Cassandra Vickers
Paid Laundry for 5 tenants in single unit?
I’ve been researching options to add laundry to my unit (there is none now, but I’m doing a kitchen renovation and adding it). I was hoping for it to be paid laundry (since I pay utilities), after reading some horrors...
Wilson Feliciano
What lender should I use for my first multi family property?
I need some pointers, aside of getting a good rate. What other things when choosing the right lender should I be looking out for ? Im interested in doing a FHA loan.
Melissa T.
Appliances for rentals
Hi,
We own about 27 different properties and have yet to figure out a good solution regarding appliances. What does everyone use? Which store? Used/new? Warranty? Input is appreciated! We supply everyone with a stove...
Tim Goddard
Strip Mall/Building Value
Would love you opinion on price of a small strip mall/building.
It is off a busy road in a smaller town area (but still in the Dallas-Fort Worth Metroplex). 3 tenants (800 sqft, 2800 sqft, 1200 sqft). Total approx. ...
Julio Gonzalez
Asset Classifications for Cost Segregation
Cost segregation utilizes the MACRS approach. The key is to identify personal property from real property. Tangible personal property identified in a cost segregation study is what allows you to accelerate depreciatio...
Account Closed
Seller's Market Different Than Usual?
I think most of us can agree we're in the seller's market phase of this RE cycle but is this different than other phases in the past? I'm seeing a tremendous amount of large commercial and residential properties being...
Daniel Vernon
Getting hard-money finaning.
What do I need to have ready to give a hard money lender besides the property listing, the ARV, and a bid on remodel?Just trying to get into my second deal and I don't have the cash for traditional financing.I appreci...