John Price
How to Own a Million Dollar Home for $2,500 a month
I am leasing to own an 8,200sqft Luxurious home that appraised at 1.2mil. The owner has decided that he needs to open up credit and sell the home. However, I can’t finance even the reduced price of $715,000. I make $8...
David Corrales
Business or Personal Checking Account?
What kind of checking account do I need for a rental property? Will it need to be a business checking account even if I don’t use a llc for the property or would I need a DBA?
Tim Porsche
FHA Streamline Refinance Question
Hi All, I'm in the process of trying to do an FHA Streamline Refinance on an FHA mortgage I have. I've talked to my mortgage holder about this and he said I could save about $40 a month doing the refinance, with no ou...
Alex Cordova
Renatus Education
I am diving in to the Real Estate Game. I will try to Fix and Flip First. Then get some cash flow.I have read several posts on here about Renatus Education. I will make this as short as possible for you guys. I found...
Axel Scaggs
Seeking advice on expanding
Hi, I’m looking for advice from the professionals who have already achieved what I’m looking to accomplish. I would like to own 4-6 properties in the next three years. In this market, is it wise to invest in real esta...
Blaid Butler
Probate, 60k equity, first time home buyer, tax mitigation
Hi everyone,First time posting and am new to this world. I have an opportunity to buy my grandmas property at 341k and is valued at ~400k. We will have to go through probate to become administrator. My questions is, a...
Chris Mooney
Maximizing Financial Benefits of Personal Residence
Hi all!
I bought a house last year that has been my primary residence (although I will eventually list the basement studio on Airbnb). I'm doing a considerable amount of DIY renovations. I'm redoing the studio baseme...
Pete Fiannaca
To turbotax or not to turbotax
Hey Everyone,
Quick and relatively simple question. I own 1 SFR in addition to my primary home that I live in. With being so new to the game, should I consider using an accountant for taxes this year to ensure Im not...
Todd Smith
HELOC risk and downside
All I here about is how great HELOC is- How about the downsides: 1) variable rate 2) risk your home if used 3) tax deductible only if used on the same dwelling
Kenny Kuramoto
Trying to Understand my BRRR numbers
I want to see if this is how people analyze their property. PP= $100kARV = $175kRent = $1400Rehab Cost = $40kProperty tax = $500PM = $100Utilities paid by Tenant.Is this right?Cash Purchase Closing Cost + Rehab + Refi...