Oleg Shalumov
Am I making mistake with purchasing this 8-plex as my first prop?
This is my first Multi family purchase and I am very exited. As the result I maybe missing something obvious, so every suggestions would be very valuable. This is an off market property which owner is tired of managin...
Adam Berlinberg
Newbie tax benefits question
I’m new into the world of real estate and close to getting my first rental property. I’m still confused on tax benefits and looking for some assistance. I’m a high earning W2 household ($400k), and I also have around ...
Stefanny Gonzalez
Hard money lender when investing in a house flip?
Hello all! How do you guys feel about working with a hard money lender? I am planning my first house flip and coming into it with a partner. The plan is to purchase a fixer here on SoCal, rehab it and sell it off with...
Rogelio Andres Jimenez
Cash Out Refinance
Hi Everyone! I hope you're all doing well. I have a question regarding cash-out refinance rates for rental properties in 2023. I recently invested in a new build at the end of last year, and the property is now 100% c...
Mark Marinaccio
Seller wants to remove my escape clause
I have a seller that wants me to remove the language from the purchase offer that would allow me to back out of the deal but I'm hesitant to do it for obvious reasons.Anyone have any creative ways to help protect myse...
Just Don
Those "pay it off fast" schemes??
A few years ago I was approached by a 'friend' who was doing a great biz of charging homeowners a pretty hefty fee in exchange for the info and program to pay off the principle of a home loan and save HUGE bucks of ...
Gilbert Lugo
Replacing the flooring in my rental.
hello everyone,So I got my first rental property and one of the many things that I’ve thought to replace was the flooring. The place came with very old fashioned laminate square which are not very appealing. I was won...
Maarifa Arnett
Bad neighborhood, Bad house, should I?
Another dilapidated property that my family owns in Memphis that they have stopped paying on. The back tax is around 5k. The house looks like this My family said if I pay back tax the house is mine. I would do most of...
Sylvia Hanna
Fix and flip, out of state...
Six months went by and I still didn't buy my first rehab project. I'm looking to purchase in the Orlando area in Florida. There are homes for 30-60K I see online and the resale could be 85K on the lower end in some...
Mahmoud Tellou
How real are HGTV programs?
Hello bigger pocketers!
I know, I know, don’t believe anything you see on TV is what they say.
But I was curious to know from people who are in the flipping business already how much of what is shown on HGTV is re...