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Hi everyone! Long term lurker first time poster. We are ready to buy an STR in Myrtle and every time we find a place we run into some hidden fee that hikes the price up. For Example, we realize condos have high HOA...
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Warren Buffett when asked about his time horizon for investments. He answered with "Our favorite stock holding period is forever.” That got me wondering about real estate as I know folks in the boomer generation that ...
A closer look at the 40 housing markets at risk of a 15% to 20% home price decline
Every quarter, Moody’s Analytics assesses whether local fundamentals, including local income levels, can support local home prices. A...
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Several times already, my realtor has called the seller or seller's realtor with our offer price instead of submitting an official offer. It seems like that could be good, in that you get an answer without having to d...
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Hello all,I am buyer from California and under a contract to buy a house in Texas. It was supposed to close in next 48 hours. My agent just noticed me that the deal will be cancelled because the title company has foun...
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Hi,is it common to set up LLC for income property in CA to protect from lawsuit despite $800/yr tax?If it is so, how long does it take? Is it too late if I do after my offer is accepted?If you have recommendation for ...
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Looking for some perspective on management fee. Some background: I toured a 15 unit property with a pm rep and the company worked up a budget for the property based on something similar they manage. The budget has ...
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Hi,
I was a renting out a room in a house in Austin, Texas.
My lease was from Dec. 16th, 2012 to Dec. 16th, 2013. I gave him the keys on December 13th because I didn't want to renew the lease and I was ...
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I am curious to see if the flippers here think it is worth it to make sure everything is done right to avoid wasting time negotiating credits in escrow or if you think you should do what you can to limit expenses?
Th...
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Having a very hard time finding a lender who will finance distressed note acquisitions. Has anyone been able to achieve this? Do you structure a line of credit or do they lend a percentage of your purchase price? Do y...