Mario Am
when do you decide to repipe?
So I had one of my rental having many leaks issues that we needed to remove the flooring and repipe half of the house plumping (mind you - its concrete slab, such a pain.) while my tenant is occupying it. when I bough...
Jim K.
Looking for a snappy name for a real estate LLC
Hello, friends.I want something as pompous as possible, something that will just clutch at the heartstrings of every status-seeking, jumped-up piece of white Pittsburgh-area trash. Something easy to write on a check.M...
Matt Holmer
Fannie DTI ratio with new rental income
Quick question regarding DTI for a Fannie loan. As I understand that new rental income (less then 2 years) is calculated as:Gross rent * 75% - DITI = income added What I don't know is whether or not the DITI still cou...
Jermaine Gourdine
OWNING PARKING LOTS
Hello BP,I have some interest in possibly buying car parking lots. Does anyone have any information on this market? Not able to find much info online on this topic. Can anyone point me in the right direction on thi...
Grayson Lynum
Spec build, new construction, infill development??
Hello All! Im a GC and buy and hold investor. With the housing shortage here in Northern Colorado I am looking into building one-off single family homes on lots and then selling them. I am looking feedback on why I sh...
Robin Cornacchio
Self -Directed IRA fees
Hi All,I just purchased a rental home with my SD IRA. I've got another $40K that i'd like to invest. Do any of you have any recommendations as to what to invest in with this money? Something with low risk.Thank you...
Jordan Holt
New Member from the Syracuse, NY area.
Hello Everyone,
My name is Jordan Holt and I was born and raised in the Syracuse area. I'm in my late 20's and my wife and I are looking to purchase our first dwelling for ourselves and children.
I hav...
Alphonso Clark
Need help with deal analysis and due diligence
There's a local park that I've been interested in buying for years but the owner never wanted to sell. After a couple of years now he ready to get rid of it. The park has 27 lots 8 of which are currently rented for $...
Eric Metz
Deal Analysis - The Roof Smasher
This will be my first time posting information regarding a lead i have gotten. I have not closed a deal yet, so I force myself to remain emotion free and not try to force something to exist when it doesn't. On the ...
Account Closed
Realistic Expectations for Tax Deed Auctions
I've never done a tax sale before. Can you give me a general idea of what kind of deal I'm going to get at a tax DEED sale? I know all the standard stuff applies here: "Every one is different" and "there are no guaran...