Gareth McEwan
Buying a Rental Property to Pay for Kid's College Expenses
Hi AllI have the traditional 529 College Savings Plans for my 2 young boys. After doing some basic math, I can see that it won't come close to what they'll likely need in 15 years time.I haven't yet started investing ...
Akshay Bhaskaran
Do you all account for Home Warranty?
Hi, I have 2 investment properties in Atlanta, GA and both of them are turnkey which are built around 2019 and 2021. While calculating monthly cashflow, do you all spend some amount on the Home Warranty? Since I'm bas...
Mats Daniel Skrede
Correct way to write off inventory first yr after purchase?
Good day, all! Last year I purchased my first investment property. In my bid that was accepted, I included in the conditions that I buy the property as is and that everything will be included with the purchase; includ...
Stephen Ledbetter
Financing Options with a BRRRR
I have an $80,000 HELOC available to use to purchase or rehab a property.
I found an $80k property in my area that will require about $60k in rehab, and the ARV will be roughly $230k. Rent will be about $1700-2000.
...
Jay Chin
First Home - Multifamily or Single Family?
Hi all, so I'm very new to real estate, and currently my situation is to either buy a multifamily and househack (300-400k) or a single family (<300k). Currently my loan officer (and friend) is saying that the marke...
Michael Rendon
Is a cost seg worth it?
Hello all, I was considering a cost seg but my CPA is telling me that is it not worth it given the cost of my property. This seems out of line with what I see on social media so I was hoping to get some other folks th...
ButchLisa Wofford
Been a Property Investor. Thinking about investing in STOCKS.
Copying and pasting here the message I sent to David Greene . Hoping to get some thoughts/ideas here that would help me resolve my dilemma on how/where to invest the $300k cash we have - Whether to buy a 2 bedroom ...
Brandon P.
Late rent continuously
I have a tenant that is late about 10 of the 12 months of every year. I think she has been there for a a couple years but it feels like 20. I managed remotely so turnover is difficult and will be expensive. I'm not su...
Justin Westmoreland
How to get a loan with only 1099 income?
So I was wondering how is someone like myself who's sole income is based on 1099 is able to qualify for a loan? Most of my income from the past 5 years come from my Network Marketing/Home Based business which is a dou...
Darionne Valley
Urgent: Seeking Creative Solutions for Challenged Deal
Greetings fellow investors, I'm facing a challenge and am seeking creative solutions from anyone willing to offer suggestions. In June, I purchased a house in Austin, TX, using PML to cover 100% of the purchase price ...