Alecia Loveless
Alternate solution to ADU Situation
I’ve previously posted about converting my garage into a studio ADU. The new cost to do this was estimated to be around $90,000. Yesterday I received a call from my contractor about a new solution. He has found someon...
Account Closed
Prices & Taxes - Where to consider investing
An annual income of $250,000 won’t put you in the top 1% of earners, but it will get you close to it. That’s because only 7% of households in the United States earn $250,000 per year1. How far that income truly goes i...
Griffin Malcolm
First Property Details
Investment Info:
Single-family residence buy & hold investment in Schenectady, NY
Purchase price: $180,000
Cash invested: $9,000
House-Hacking this one. Doesn't flow any money to start but when...
Bradley Jernigan
What are A, B, and C class properties? What are the advantages and disadvantages?
In the context of real estate, the terms A, B, and C class properties are often used to classify the quality and desirability of commercial or residential properties. Here's a general overview of each class and their ...
Vanessa Leal
Renters Insurance - Enforcing and If Covers Tenant Damage to Your Home
Hi All,I was wondering how a landlord can enforce the requirement that a tenant purchase and maintain renters insurance with a certain limit of liability throughout their tenancy. What if they move in and don't get it...
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...
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...
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 ...