Geoffery Hewlett Jr
SHORT SALE DEAL OR NO DEAL
$ 289,788 Mortgage Balance$ -31,627 Est. EquityComps:$180K$216K$270K$176K$145K = 987K divided by 5 = 197.4 (ARV).65% x ARV = 128.31128.31 - Repairs (25K) = 103.31103.31 - Profit (10K) = 93.31 (Offer for seller)I’m new...
Karthikeyan S.
HVAC is nearing the end of its expected useful life.
When a Turnkey home inspection report has a comment "HVAC is nearing the end of its expected useful life. Servicing and assessment by a qualified HVAC technician are recommended", how are we supposed to negotiate with...
Rick Baker
Duplex Analysis help!!
I have an opportunity in a great neighborhood in Dallas and need to know if it is a good deal. This is a duplex in a desirable neighborhood with million dollar houses all around. The home is in good shape but a little...
Oscar Parada
First time investor
Hello, I'm looking into buying my first investment property possibly two this year. Area of interest is Alabama. With 20%down for both properties, should I consider llc or do it under my own name? Thank you
Ryan Dandrea
Rental Property Investment Austin-Central Texas
Hey everyone, I’ve been listening to the podcast for awhile now(a little over a year) and just joined on the website so I am BRAND NEW to real estate investing. My fiancé and I currently live in Williamson County and ...
Benjamin Jass
Bad Partnership, Separation, Need Advice Moving Forward with Great Property
Hey All,Bought a very rough 2Br, 1 Ba, 1500sqft Rambler with Unfinished basement July 2021. Vacant for 8 years. Overpaid for it slightly, but this is the definition of fantastic neighborhood, ugly house. Bought it wit...
Kevin Kim
Renting a old trailer.. is it good idea?
Hello, we submitted an offer for a property which has very old trailer.They are permitted, however they don't have a foundation which was legal long time ago. However power, water, septic, and even gas is connected.So...
Account Closed
$200K - home addition or pay home loan?
We have the ability to pay $200K on our existing loan which is at 4%. Instead I am wondering if I should invest in an addition (approx 600 sq feet), 1 master bedroom, 1 bath & space for office. Current home is ran...
Kyler J Sloan
Basics of Tax Deductions
This will be the first year that I get any tax benefits for the work I have done on my first rental, and I wanted to understand the very basics/fundamentals to determine how much I might get back. In my profit/loss st...
Chad Friesen
Holding company
Hi can someone explain to me how a holding company works. I sat down with my mortgage broker yesterday and she told me after 4 doors i will need to put any more properties i buy into a holding company. I should have a...