Amber Stevens
Trustee Sale Confusion
I'm planning to go to an auction soon for a Trustee Sale. I'm confused by what I'm bidding on though. The Public Notice says " You will be bidding on a lien, not on the property itself". I've run a title search and...
Roselin G.
Confusing Bathroom cost
Hi all!
I have a house with a bathroom that has two separate sink areas but shares a toilet/tub. I’d like to convert to where each has its own shower/toilet.
There is a bathroom directly downstairs that we can conne...
Greg Routen
Confusion on Gifting $$$
My dad has been kind enough to help me get started in investing in real estate. I know I need to discuss with a CPA but wanted to get some opinions on the best approach for my situation. He is going to give me all the...
Brenda Whittaker
Confused and Overwhelmed
Looking for guidance. I have done some investing, but am a miserable failure. Banging my head against walls (literally), I still cant figure out what to do. Nothing works. I am in financial distress, but have some...
TJ Woolum
Cap Rate Confusion
Can someone please help me understand cap rates? For some reason I can't wrap my head around it. I understand the mathematical equation... that's easy enough. Cap = NOI / Property Value. NOI is pretty straight for...
Laleh Omaraie
DTI Calculation Confusion
I have income from a W2, 1099s/Schedule C, and rental income on my house hack. Something about this seems to make calculating my DTI wacky; I know lenders aren’t just adding up my gross income from all these sources a...
Roy Mitle
confused about depreciation
For example: you buy a rental property for $100k.$40k attributable to land and $60k to building.You sell it 5 years later for $150k.You'll need to take $2,182/year for depreciation (see MARCS 27.5y table), so that's $...
Jennifer Oquendo
USDA Loan Confusion
How can you use a USDA to invest? I'm currently reading 'the book on investing in real estate with no and low money down' by Brandon Turner. And I'm reading about the USDA loan, (in the book, it states that its only f...
Mark Paes
Pre foreclosure confusion
I have a son of a friend who has come to me with a pre-forclosure. He's 4 months behind on a 1st and 2nd mortgage.
Looking at the numbers, it does not seem to be a good property to flip to an investor. But I would lik...
Tony Velez
I'm so confused
I'm so confused about this wholesaling thing. Is there a step guide to how this works? How about where to find the contracts I need as a wholesaler? Also how to we know if the owner doesn't have liens, tax bills, over...