James Crosby
Investor near Raleigh NC
Hello everyone!! My name is James Crosby and I live near Raleigh NC and I'm a buy and hold investor. I have a few single family residences and have quite a few mobile homes that I rent out. Being a landlord is my full...
Gary Schmalz
Puerto Rico
Newbie in Puerto Rico. Hello, I just moved to Puerto Rico and have the real estate bug. Does anyone here have any knowledge of buying, renting, managing houses on the island. Looking to make connections and have so...
Jw K.
Any reason for selling a paid for house to buy a new one?
I was just going to put our paid for house on the market. Worth about 280k (mostly land value). It is two acres in a first tier suburb of Minneapolis/St.Paul (which is pretty rare). Small, old house built in the 1...
Nobu Ajito
Introduction Post - Hi I'm Nobu
My name is Nobu A and I am a Newbie from Los Angeles, CA., I am very open to conversing with and meeting fellow investors! As my opening sentence probably lets on I am a relatively new in regards to real estate invest...
Julie Marquez
How finished does a home have to be to qualify for conventional?
What level of finish does a home need to be to qualify for conventional financing?I'm looking at a home north of Seattle that is a two story home that is gutted on the first floor, and completely remodeled and finishe...
Hector Castillo
Buying Rental Properties in Reading, PA
Wassup BP ! I been looking to buy my first rental property I already got Pre-approval loan, down payment and criteria for the house. I started looking at properties in the Lehigh Valley, PA but most of the house my RE...
Jonathan Cooper
Prorated depreciation for str
Purchased a STR in February. Worked on the remodel until the end of August. Once the cost segregation study is complete, will I be able to take a full year of depreciation or only a prorated 4 months? I have seen a...
Jeremy Bourgeois
Risks of Wholesaling Sub-to Deals
I have a pretty solid sub-to deal that I can put under contract, but I'd prefer to assign it rather than take it down myself. I'm hesitant because I don't want to be on the hook if in the future something goes wrong l...
John Kim
Bought my first multifamily in Jersey City. What do I do now?
I was fortunate enough to purchase a multifamily using a FHA loan. It was a short sale in 2015. Purchase Price: $600kMortgage balance: $540k @ 3%Net income: $1600/monthThanks to nice growth in this neighborhood, which...
Christopher Stevens
ChatGPT can calculate ROI and cash flow
Check this out! I did a test and input this data into ChatGPT: What is the ROI and monthly cash flow on a property purchased for $135,000? - Property taxes and insurance costs are $101 per month- Down payment is 30% o...