Rick Im
Tax deductions after refinaning a rental property
I have two questions regarding mortgage interest tax deductions.
First, last year, I purchased a HUD property at a significant discount and used a $70,000 HELOC from my primary residence for the down payment. I under...
Gerrit Stukkie
Lease Option vs Buy Hold Analysis
I have a newbie question.What differences are there in analyzing a lease option property versus combining buy and hold analysis with a flip analysis?I want to have LO as an exit strategy along with Flip and Hold.I kno...
Jaxi West
Promissory Note or Deed of Trust - which is better to sign?
Hi
Investing with a guy who needs the money to rehab a house. Not a super large amount.
Deed of Trust ties me to the house/title. I am a silent owner until the work is done and we file with the title compan...
Justin Mathews
Major decision on commercial property
I have an urgent decision that I could use help on... My wife and I bought an 11,000 ft² Warehouse space and have white boxed it. It appraises for $800,000 and as of today we have about $550,000 into it with renovatio...
Max Garcia Jr
Rehabbers: How important is the %70 Rule to you?
I currently do not have this home under contract. However, I'm just an email away from getting it under contract. Here's the numbers
ARV = $575K
Repairs = $100K
Selling price after my fee = $325K
...
Ronald H.
What is the best way to get started with Wholesaling
Unemployed. Plenty of time.
Skills:
* Excellent web research skills
* Know how to locate Pre-foreclosures using Pub...
Kyle B.
Interesting conversation with my realtor about making offers
So I recently got off the phone with a realtor I have been working with to discuss a property I saw this past weekend and will more likely than not put an offer on. At the end of the conversation, I mentioned what off...
Dan Sheeks
Personal finance for teens
I think we would all agree that personal finance is something that all of our youth should be taught, but it's not getting done on a consistent basis. In your opinion, whose job is it to teach teenagers (high school ...
Account Closed
Birmingham. Any revitalization projects?
I am interested in investing in the Birmingham area and would like to know if there are any revitalization projects happening in or around the city. Any big companies planning to move in? Any new construction going o...
Ben M.
Tenant getting late with payments
I’m on my 5th month owning my first duplex rental property. One of the tenants I inherited has been a tenant for 4 years. Per the last property manager she supposedly pays but always late. However, she is now almost 2...