Bob M.
Switching from individual to commercial landlord policy
Hi-I just put my third SFH rental under contract and when speaking to an insurance broker he mentioned I may do better switching from individual policies to one commercial policy, especially as I continue to add any o...
Account Closed
Newly built duplex - worth it?
Because I've been struggling to find a deal with which I can force equity, I thought I'd start looking at other places to find a reasonable deal and found a couple of newly built duplexes. They're trying to sell it f...
Timothy Colman
Divorce and a quitclaim deed
Hello all,I have a quick scenario that may be a bit confusing, but stay with me.
I live in Arizona.Ex wife lives in Florida.My ex wife and I own a house in NC. I am the ONLY one on the mortgage. We are both on the de...
William P.
Loan for property in LLC, how is it underwritten
want to buy a 2-4 unit building here in Calif. Will be partnered up with 1 other person and will hold the building in an LLC. The situation- property will cost ~750K, wont need major rehab, would pay any rehab in c...
Account Closed
Real Example of the 50% rule; need clarification
Hello! I'm new here and I'm wondering if I am interpreting this right...I'm running the numbers and I am somewhat baffled how I can't find any "good deals." The 50% rule states that 50% of your income will be spent on...
Chaim Zigelman
Need Help making a decision
Hi All,I found a property that is requesting $425,000. I need some help to determine if I should make an offer or not. If I do, i plan to make it between $360 and $390k. I assume $390k as that is what I am told by my ...
Collin Kautz
When to move on? NPN investing
I have a NPN and I wanted to know when is the right time to move on? Under what circumstances do you as an investor say, "Well my options are exhausted and this not is not worth any more of my time and money?" I kno...
Account Closed
when sellers ask how much profit you get
when a seller asks how much profit you are going to get when all is over, do you tell them?
Mike Dymski
prepayment penalties in commercial loans
For those of you flipping or refinancing apartment complexes with commercial loans, what have you done regarding loan prepayment penalties? This may be a simple answer and you just refi with the existing lender and h...
Brian Egr
Thoughts on Tax Lien Sales
Does anybody purchase tax liens as investments? Here in Nebraska they pay 14%, the state handles all the paper work so you don't have to deal directly with the property owners. Foreclosure isn't until after 3 years o...