Jimmy Lynn
How to Choose the Right Contractor for Your Property Rehab
Define Your Project: Start by clearly defining your project scope, goals, and budget. Determine what kind of renovation work you need, the desired timeline, and any specific requirements or preferences you may have.
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Amber B.
1031 exchange for selling a Single-Family Residence (SFR)
Hello All!I am considering a 1031 exchange for selling a Single-Family Residence (SFR) in order to purchase either a commercial land/pad site and develop houses/office buildings on it. I have a few inquiries regarding...
Laurie Verdecchio
Flips in St Pete, Florida
Hi,I'm a NJ Realtor and my husband is a window and siding contractor. We have rentals, and have done a few flips in NJ. Recently, we purchased an investment home in Dunedin, Fl and we have had success with it so far. ...
Alex Aronson
What % of gross rents should be allocated to repairs
Hello,
Just finished my taxes for 2008. I noticed that my % of cost from repairs compared to gross rents was 4.7%. I currently budget 10% of gross rents for repairs. IE if rents are $800 a month, I set aside $80 f...
Chase Ross
My First Deal - Comments/Suggestions/Advice
Hello everyone,I'm Chase Ross, I'm a senior at the Naval Academy and will be commissioning into the Marine Corps this May. I've been involved with real estate since last fall, gaining as much knowledge as I could. The...
Tony Nguyen
What are my options when the balloon payment is due?
I am negotiating a deal right now where the seller is willing to carry 90% of the loan for me for 10 years. Is my only option at the end of the 10 years is to sell? My goal is to hold onto these properties to build my...
Zackery Bagby
Need advice with using a partner.
I need advice with using a partner to fund my first rental property. Anything I should know before signing a contract with one?
John Paul
How’s should I fund my first flip
Hey guys so I have a quick question , my friend and I have finally decided to pull the trigger and buy our first flip . To keep things short and sweet I wanted opinions and how I should fund my portion of this flip . ...
Bobby R.
Rent Payment
I'ma an absentee landlord. My new and current renter doesn't have a checking acct, her paycheck is put on some debit card. Somehow she makes her payment using my acct number (I know that's not good, so let's not spe...
Jocelyn Hinz
Mobile Home Park
I am looking at a potential mobile home park purchase and would love some input on the deal. It has 18 lots sitting on about 3 acres of a 19 acre parcel. Lot rents are $325/month, currently 17 are filled. The sale wou...