Devon Martin
A question about the 2% rule
I’m planning on starting my investment career by house hacking probably a duplex. With the 2% rule, if I’m going to be living in one half of the building, should I look to achieve only 1% of value of the entire buildi...
Steve Fitzgerald
Operating Expenses vs Journal Entry
This might not be the right forum, but I thought I'd give it a try. I'm keeping my own books for now. For those of you who are keeping your own books do you typically count your principal, interest, and escrow as oper...
Mandy Liu
Do I need to send an adverse letter
Hi - If I were to reject applicant due to credit done through cozy, am I still required to send an adverse letter? If so - is email ok? Per Cozy's website :If you reject their application based on credit, the applican...
David Hernandez
Best and worst areas to Invest in, Columbus OH
Hello everyone,
Starting to look at some duplex fixer uppers (the uglier the better) in Columbus, OH. I am an out of state investor, planning on going to Columbus within the next 2 months. I wanted to get some feed...
Dave Godfrey
New construction Negotiations & Concessions with a builder
Hi everyone. I am a real estate agent and am representing a buyer on a new construction home.I am curious what negotiation tactics have worked well for you (as a buyer's rep) on new construction homes. Are builder...
Adrian Smude
Uncle's Probate situation
I'm looking to advice for my dad... Here's the quick info, my uncle passed away without a will or any estate planning. My father and uncle plan to donate the property to the temple my uncle belonged to because they b...
Alex Rojesky
First time investor
I have one year to save, save, save. Currently I'm in a position that allows me to do so, my projected route is to save around 20000 and house hack with a fixer upper duplex. Few questions.
FHA or conventional loan?...
John Fong
Looking for a lender to analyze my situation
I'm looking for a lender to work with to better understand my purchasing power. Currently have 3 rental properties. 1 is fully paid off and 2 with mortgages and HELOC. I currently have a primary and looking to convert...
John Gray
Short sale help
I have found a potential deal in my area of North New Jersey, this is a short sale with an asking price of 150k reduced from 200k. The comps in the area for similar sized homes are 350-380k. I am going to see the prop...
Abou C.
Duplex Safety
If one owns a 4 unit two bed room duplex with a finish basement once green lighted to do so. Should the whole building be hard wired for fire safety or would a better operated do?. I asked because I spoke to a invest...