JT Spangler
Replacing galzanized plumbing?
Got a 2/2 cottage under contract, and the inspector reports that the water pressure and drainage is not great because of the original galvanized pipes. This isn't a job I've tackled before, so my questions are:(1) Wha...
Bryan C.
Advice on Financing: Cash-out Refinance, HELOC or other?
Good evening everyone! I am hoping to get some advice or direction with my current situation....I currently own:4plex - in Montana (Owe $200k / equity $70k)SFH - Montana (Owe $100k / equity $70k)SFH - Florida (Owe $...
Pete Harper
1031 Exchange Hypothetical
I wanted to confirm my understanding on 1031 exchanges. Sale Price $350,000Cost basis $150,000Equity $200,000Now I only need to reinvest my $200,000 equity. Correct?Buy $200,0000+ propertyPut $50,000 down, finance $15...
Philip M Thomas
Debating if this deal is worth it
Hello,
I am having some issues on whether or not to follow through with a purchase I have set up and would love some feedback. A lot of my worry comes from the current economic situation in the country and where hous...
Nikhil Nirmel
How to find owners who would sell home equity?
I have a program that allows high-equity property owners to sell a fraction of their properties' eventual sale price to buyers, simulating the sale of home equity. After quite a bit of work, I've got the investor side...
Masud Khan
Financing 1st investment- Hard Money or Private?
First time deal seeker here, looking for BRRRR options in the Washington DC area. For my first deal I’m looking for a single family home needing cosmetic rehab. Because home prices are high this area I won’t be able...
Dan Sundberg
Knob and Tube in a buy and hold
Just got into contract on my first buy and hold out in Sacramento, CA and inspections showed some of the house was still on Knob and Tube wiring. It looks like the house would be fine without touching it, but since I'...
Jean Castillo
Runoff utility question... who is responsible?
Good Evening ALCON,County has brought up to attention a water issue at one of our properties. My partner and I took possession of the property late October 2020 and water utility company just went up today (JAN 6, 202...
Ozzy Ordonez
Myth: you can control your real estate
Yes you own your property and you are in the title, but let's examine , if you really can control the ROI.1- Can you control turnover?- very expensive by the way......my answer ..no2- Can you control the outcome and b...
Granville L.
Refinancing multiple paid off homes.
Hello All,I live in the Houston area and own a company called Galveston Co. Rentals. I have been buying homes since 2008. I have purchased over 25 but sold some along the way. Right now I am sitting on 20 paid off ...