Account Closed
What a roller coaster ride REI can be!
Its been a crazy 2 weeks.8/22 - I was set to close on a house I was buying for cash. I had to wire the money to the closing attorney, but they actually sent me the wrong wiring instructions. Long story short, $14,000 ...
Gary Michalske
Cash-on-Cash Return - include rehab cost or not
I just noticed a disagreement between @J Scott SFH_Rental_Analysis and @Brandon Turner Four Square method for calculating the cash-on-cash return. It may just be me overlooking something but J Scott doesn’t include t...
Account Closed
Advice on my first investment - triplex rental
Hey everyone, after searching for a while I decided to get my feet wet and partner up with a good friend of mine.
We have our eyes on a triplex and we both really like the numbers. It's not in great condition but all...
Sean Cutt
Finding Distressed Properties
I've heard so much talk about how people go to the "courthouse steps" and find a distressed property and it sounds pretty handy.I have to wonder though, what should I know going in? I live in Orange County, CA and was...
Rick Jones
Can you add a faux unit to building just for LLC and mail?
Not sure if this is locality dependent or not but I'm purchasing a 6 unit building and I am wondering if I could add a 7th unit just to list as an address for my LLC. I would also just use this as my business address ...
Craig S.
FHA PMI Insurance Rules Are Changing
Hello fellow investors,
I was just informed about some upcoming FHA regulation changes to the way PMI insurance is handled and assessed. Previously and currently, if you had a 30 year loan with a LTV greater than 78%...
Mark Graffagnino
Funny How the Brain and Subconscious Works
This isn't a success story yet, but could be in a couple of months.
I have an opportunity to pick up a good deal from an investor associate who is looking to get out of a house that has left a bad taste in hi...
Christopher Parsons
Anyone use Caretaker Property Management?
Hello everyone. We're investing in a small town in Texas and recently had an issue with our current property manager. Not to get too detailed, but basically we had some last minute repairs come up and need to get them...
Alex You
Los Angeles ADU on a HPOZ
Anyone have any experience adding an ADU in a HPOZ (historical area) in Los Angeles?
Kelly Martinez
Short Term Approval in San Antonio
I'm purchasing a duplex property with the intention of doing short term vacation rentals and/or corporate. Closing on the 30th. My dilemma is the approval process. San Antonio has 12.5% block face limit. I'm not aware...