Andrew Eaton
High End SF Bay Area Flip - Risk-Return Opinions
I am negotiating the purchase of a well located home on the SF peninsula. As it stands, it is a 2BR 1.5BA, 1,020SF home on a 5,000 SF lot. It is currently a rental that needs some TLC.Purchase price will be approx. ...
Tim Wilderbeeste
Wells Fargo won't allow us to place property in LLC
As some of you may recall I made some inquiries on here a few months ago about the best way to protect our real estate holdings by placing them in an LLC. Well we consulted a lawyer and began the process through him o...
Alex Nelson
Paint Sprayer - Is it worth it?
I'm about so close on my first investment property and I'm exploring my renovation options. I've painted rooms using rollers and crushes before and it's definitely not my favorite activity. I've been looking into gett...
Todd Bayer
So-called mentors
Is there such thing as a mentor who doesn't charge to teach you how to partner up with them? What ever happened to people who just want to "pay it forward" and genuinely help someone out?
Bryan Hancock
Using Futures Contracts To Hedge ARMs
Has anyone out there in creative land used futures contracts to hedge interest rate risk on your ARM? I am wondering what futures to use for commercial loans with floaters past year 5 or so. Selling eurodollar futur...
Łukasz Juraszek
1% rule, 2% rule are BS...
In the book How To Invest In Real Estate, the author claims that a property that doesn't meet the 1% rule will never be cashflow positive.Here is a proof against it. Buy a property for 500K cash, rent out for 2.5K, su...
Melissa Lenhardt
Never put utilities in their own name
Hello,
This is out first time renting out our home and after our tenants moved in they never put the utilities in their own name and I am still being charged for them. I plan on sending out a certified lette...
Paul Cordero
Can a seller deny offers financed by certain banks?
I preapproved a borrower to put in an offer, but the listing agent denied the offer because it was from a big bank. There is a misconception that my bank won't finance a "flip" transaction. Our guidelines clearly st...
Leticia S. Tucker
Sell, stay or rent out
I have a home in a desirable neighborhood. Currently have mortgage at 2.75. Could leave and rent out make $900 to $1,000/month.
OR... I could sell and net $200,000 to $300,000, no capital gains.
I am hoping to reti...
Emily Wu
Cape Coral, Fort Myers FL Cash Flow Rental
Hi All,I am starting to look at the Cape Coral, Fort Myers FL area. I am an out of state investor. I want to invest in multifamily properties for buy/hold. Can anyone provide me a little bit more insight as to which a...