David Hedges
property tax drastically different from closing docs
Around the end of November I closed on a property. in the closing docs they had estimated property tax to be a little over $300/yr, and credited about $280 to me at closing for the first 11 months tax. Tax time rolled...
Edward Bowlby
BRRRR with conventional loan
Say you bought a home with a conventional loan for 100k with 5% down. The ARV is 180k and originally the rehab costs were 45k but now they are 65k due to unforeseen issues. The total monthly payments are $762. I am li...
Benjamin Herhold
Oakland - Owner Move in Eviction
Looking to purchase a 2-4 unit multi family property in Oakland, CA. Will be using property as primary residence. Trying to understand the owner move-in eviction laws in Oakland. My read is that you can evict one u...
Maan Najjar
In what platforms do you list your rental ?
Hello,I'm listing my smoky mountains cabin in Airbnb & Homeaway. So far it seems Airbnb is generating more bookings but it could be because my calendar is not open until November. I created the listing at Booking....
Account Closed
Negotiating Short Sale with Option Contracts
I'm about to start flipping short sales with option contracts. Does anyone have any general tips and advice? I've been told that many banks are opposed to it because they prefer to sell the house at the price the inve...
Matt Joplin
Advice Please – Hold and Rent or Cash Out and Reinvest
Hello,
I am a new investor and I am looking for advice on what to do with my second investment property (House Hack / BRRR). Specifically, I am weighing my options and trying to figure out if I should keep my proper...
Brian Wheeler
Convert Commercial month-to-month leases to annual leases
Hello everyone,
I am currently looking at a value-add office building. The value is converting the current tenants who are all on a month-to-month lease into annual leases and filling current vacancies. Most tenants...
Manmath D.
What would you do in this situation ?
I wanted to know what would you do in this case. I have a rental SFR in WV that was primary residence before moving to WA state. Tenants lease expires on April 30, 2020. I had talked to tenants 6 months ago and let th...
Robert Uceda
buying a 2 bed 2 bath house and invest?
Hello, I am interested in buying a house within a neighborhood that is marketable, probably around south Denver, not far maybe from University of Denver, where I gained a Master's degree and possibly after living in ...
Carlyle Small
Contesting an appraisal
So seasoning period is up and I'm refinancing at the end of the month. Appraisal came back and it's about 3-5k lower than expected. This could be the difference between paying something at closing or not having to. Lo...