Manuel Perez
HOA foreclosure - acquiring properties
Has anyone had any experience with trying to acquire properties through an HOA foreclosure? What are the pros/cons? States that me and my partner are looking in are Ohio, Florida and Colorado. Thanks in advance for yo...
Christopher J Lemmon
Hard Money Lending Terms for Rehabbing KC Market
Rehabbers, I am learning how things work with rehab loans. I was offered a scenario by Peak Asset Lending for the Kansas City market. But the terms are a little strange to me. They loan 80% of After Repair Value (ARV)...
Brandon Benifield
How do you plan for costly maintenance??
How do you plan ahead for very costly maintenance issues with your property? For example a roof that needs to be redone for $10,000..
Matt Kauffman
1/2 acre commercial space on corner of MHP
Hey guys, I'm looking at a MHP with a 120 year old house on the corner of the park that has about 1/2 an acre to it. We're thinking of tearing it down since the upkeep on it is expensive and so is the insurance. If yo...
J.P. Ventura
Should I Elect to be an Independent Contractor or an Employee?
I have the option of being hired as an employee or independent contractor. I am wondering if any local accountants or CPAs in the DC / DMV area have any advice as to which I should choose. I am going to a direct lendi...
Kyle J.
Can private lenders get an ALTA title policy?
Do any escrow officers, title professionals or private lenders happen to know if a private lender can obtain an ALTA title policy (lender's policy)? I'm in the process of doing my first loan (as a private lender) an...
Christopher Grant
Making Monthly Payment During Rehab
Hi all, This one is for the flippers out there. Buying a property that needs 4-6 months of rehab, with a mortgage or hard money loan that requires monthly payments, how would you make the payments on the loan while th...
Charles Worth
What do you estimate for capex and how do you pay for it?
I should start by saying that I am mostly looking at cash flow markets like Kansas City (KC), Ohio (OH) and Indianapolis (IN) and not higher priced markets like CA or NYC, so what I say depends heavily on that fact.On...
Lisa Jessup
HOA out of control
I own a condo in a complex of 20 units that's currently tenant occupied. In the past, I've received some pretty outrageous notices from my HOA; things like "children no longer allowed in the common areas", and telling...
Jared Neal
New Member
Here's my introduction: I slowly got into real estate investing just by buying owner-occupant houses. We've purchased five houses, all of which were distressed properties. We renovated all of them, sold the first two,...