Tim Kane
Recent Low Appraisals
hey HP,Washington DC, Virginia, Maryland REI here. My fix and flip properties have been appraising consistently low recently. My Renovated properties have been going under contract fast, but when its time for appraisa...
Kyle Lake
Using Self-Directed IRA
Hello All,
I'm looking to use a self-directed IRA to start investing in real estate. My primary goal is to watch and learn how someone else walks through the entire process so that I can move into using my own conve...
Arun Gupta
Legalzoom for creating rental property LLCs
Hi folks, hope you're all having a great week!I talked to my tax consultant who also offers the service of setting up rental LLCs. He mentioned $1500 as a one-time setup fee for each LLC. Legalzoom premium service to ...
Daniel Suarez
Converting Unit into Laundry room
Hey All, I have a one bedroom 16-plex that has been having trouble getting tenants and keeping occupancy for the past year, one of the feedbacks we mostly get is that even though the apartments are nice they want a wa...
Katherine Madison
Overcoming DTI
My husband and I are forming our plan for rental property investing. We have the 25% downpayment for the first Single family residence that would allow a mortgage note of $1,050 per month and rent for $1750 and have ...
Behan Salamati
Renters with Pets
So I have a question in regards to tenants with pets. I am currently in the process of interviewing tenants and my top choice is a family who will most likely become long term tenants. They currently have a really l...
Peter Chester
How do quantify intangibles in a deal?
Hi folks! @Shane Pearlmanand I are working on structuring a partnership for a commercial investment (We aren't sure yet if we'll invest in California, Minnesota, or Washington).I have a short sale on my record so I li...
Rich Hupper
Can someone Analyze my Deal
I have a potential property I want to fix and flip using a hard money loan at the following terms: 4 points, 15% interest rate, LTV 70%. Purchase Price $415,000 (Acquisition + Skin in the game )ARV $550,000Rehab $50,0...
Victor Drazen
Becoming licensed as a Mortgage Loan Officer and also as RE Agent
Hello,This is my first post, so I hope it complies with the rules. I've been doing a lot of digging and reading everything I can. I am about to close and acquire on my first multi-family investment property (Hartford,...
Nick Scalero
Self-Directed IRA questions
I'm considering a self-directed IRA but have a few questions.
First, If I purchase a house outright how do I calculate ROI? Is it simply (Monthly Income - Expenses) * 12 / Purchase Price?
Second, since I pay Taxes,...