David Repinski
Failed mortgage on rental property(IRS expenses?)
In May of this year I had a failed attempt at securing financing for a mortgage on a rental property. I ended up paying cash and then refinancing two months later. The question is about the cost of the failed mortgage...
Ron Read
Checkbook IRA for first Buy and Hold?
So after probably too much research, I'm looking to take a leap into some buy and hold or perhaps BRRR investing, but I'm short on savings, while long on IRA assets. Rather than wait any longer, I've decided to use m...
Steve Simpson
Property Management Marketing Strategy
Hey guys,
I own a small (for now) property management company and am starting to actively search for new clients. I'm currently in the process of automating my direct mail campaigns with a VA, a local minimum-wage w...
Zach Vaught
How much can I trust the county tax appraisal?
Hey Guys,I'm really new to the game, so i'm trying to figure some stuff out. Help me out! I found a 3 bed, 2 bath, 1680 sq ft. double wide trailer on .4 acres for sale for $31,500. The tax office had appraised it this...
Evan Thoma
New 1% Down Loan in Chicago
Hey everyone, So I was going through some emails and I found an interesting article about one of the lenders my company does a lot of work with. http://www.housingwire.com/articles/37383-guarante...I've researched the...
Robert Laird
Cascadia Fault / Juan de Fuca Plate predicted earthquakes, have impact on West Coast Real Estate markets?
Has anyone seen this article? "The Really Big One"http://www.newyorker.com/magazine/2015/07/20/the-r... I know the New Yorker is a bit lengthy to read start to finish, so I included some quotes from the article that I...
Dennis S.
Suggestions needed for dealing with a Tenant
First, I apologize for the length of this post, but I feel some background is needed.Early this year I purchased a Triplex with 3 occupied units. None were on leases so I got 2 of them signed into a year lease pretty...
Shankar Ramani
My best rental performance is during this pandemic!
I'm a part-time real estate investor for over a decade now with several single-family homes and a couple of duplexes. I got into real estate once my experience with stocks and other vehicles weren't working and I need...
Aram Schwartz
Real Estate Laywer Needed? Review contract and pre-lim title insu
Hello,
The situation is that we've won a bid on auction.com for a studio. Four walls pretty straight forward stuff, checked some stuff with the contact agent before hand, visited it twice, asked if there were liens, ...
Yazan Ayyash
What was the price, rent, and NOI of your first property?
Hello BP,
I have a few questions about your first ever rental property;
How much did you buy it for?
What did you price the rent at?
What was the breakdown of the expenses?
What was the Cash on Cash return,or RO...