Tris Wils
BRRR and flipping in portland metro area
Hi all, I'm new to real estate investment but I'm excited to get started. I have one rental so far, and soon the home I'm living in now will become my second. I'm interested in trying my hand at a few things, like fli...
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Appraisal without paying
Is there any way to get a rough Idea of what a house will appraise for without paying for an appraisal? If I think the home will appraise high enough, I will higher an appraiser. I just don't want to pay $300+ and t...
Amanda Davi
Good multifamily markets
I am in the process of 1031-ing a single family rental into a larger multifamily (8+ units). Unfortunately, I live in Southern CA, which is a very difficult market to acquire multifamily properties in. Because of this...
Jonathan Ruths
Reserves and Expenses for STRs
Does anyone find that STRs have higher need for repairs than long term rentals? When analyzing, what percentage of gross income do you set aside for cap ex and maintenance?
Jared Comeau
Accounting fees and Tax filing
Good afternoon BP.So I'm still in my education phase of REI, and I just spoke with a CPA about setting up our legal structures and tax structure.He mentioned that accountant fees are typically $2K/year.I'm wondering i...
Casey Mcgoff
Beginner's Guide to SF Renting
Just found out my best friend is sitting on a 5/4 SF home. Its newly renovated and sits on 9 acres. They have been paying the mortgage for two years and aren't making anything on the property. What a waste! (To the...
John Casmon
How Do Pre-Payment Penalties Factor in on Your Loan Decision?
Most investors I speak to focus on the interest rate and LTV (loan to value) when seeking a commercial loan. Unfortunately, many are not paying as much attention to the pre-payment penalties. In today's climate I know...
Jamarla Edwards
Penalties for Using Conventional (non investment) loans for Flips
Hi,I am about to purchase my first home, using conventional financing, and I plan to flip it within 3 months. Are there any legal restrictions or financial penalties for using conventional financing (non investment) ...
Henry Clark
Self Storage- Deal 9, Marketing Play
Just checking the internet and I ran across a thread I responded to below, trying to help them out. On the flip side, this would be a great deal. All of the "Work" is done; this is a Marketing play. Several states ...
Tony Blessings
Seeking Foundation specialist in Milwaukee
One of my units in Milwaukee has some drainage foundation issues(leaking) and i am looking for someone who has had similar challenges and who they used to fix the issue. Please share your experiences.Tony