Kitty Lee
Asset Protection Lawyer?
I'm in NY, just starting out, haven't actually done any real estate investments yet. I'm interested in BRRRR but want to take sufficient precautions to protect my current assets before I start (home, 401k, etc.) Sh...
Ryan Halverson
Just finished my MF Analysis Spreadsheet
I know there are a ton of these in the fileplace but mine has a unique feature I was looking for...a slider to increase/decrease purchase price so you can fine tune your ROI numbers. Check it out and let me know what...
Mariah Pierce
Renovation Contract Obligations
When renovating with a 203K loan, are contractors obligated to get the allotted amount for line items? We had a line item that was completed for a third of the amount estimated but he is saying he should get all that ...
Gavin Delmas
Analysis Help
Can anyone point me in the direction of how to determine what percentages to use for the Maintenance & Repair and the CapEx features on the Rental Properties Calculator? Is there a default percentage I should be ...
Greg P.
Buying the property first, then wholesaling?
Hello, I was thinking about buying with my own cash from the Banks and Auctions then wholesaling them to my investors. Any pitfalls or considerations doing it this way? It seems simple this way since I know the mark...
Neel Patel
Philly Deal - 40 Units - Questions
Hello all,I recently came across a deal that I am actively pursuing in the Francisville neighborhood of Philadelphia. It is a new construction building 40 units. Current owner has the building about 75% occupied with ...
Will Johnston
Am I responsible for incorrect amounts listed on the HUD-1?
I recently closed on a line of credit on my primary residence. My HUD-1 stated a certain amount in closing costs, but I was then charged more because whoever had prepared the HUD-1 had not updated the closing costs (...
Lance Castillo
The Third R in BRRRR???
I am going to give some hypothetical numbers to illustrate my question. Say I was able to buy a $100,000 property that needed about $20,000 in rehab to get to a good state for renting. Say I used a commercial loan to ...
Tim A.
Can I deduct plumbing work in primary residence before renting?
I currently live in a SFH and am in the market for a duplex to move into one side and turn my SFH into an income property. Since I am having work done to prepare my house to be rented (plumbing) can I deduct that expe...
Jose Bernard
Successful fix & flip Project with some challenges
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $270,000
Cash invested: $89,264.00
Sale price: $399,000
Single Family Flip in desirable neighborhood, 3 bedr...