Heather Schmidtknecht
Octopus furnace — yikes!
I had the privilege of seeing an octopus furnace for the first time today... what do I need to know about this beast? Should I swim as fast as I can from this deal?
Pete M.
MFR valuation & financing Qs
All,Looking at my first foray into commercial multifamily (previously done SFR & small multi BRRRRs). We've looking to essentially do the same (BRRRR), just on a bigger scale. How are you structuring your financ...
Account Closed
Cheaper shingles
Do any of the larger investors here have shingles drop shipped to there apt buildings
I will be doing a large roofing job on one of my apt buildings and dont want to pay the prices that menards and home depo and lo...
Michael Mies
First deal breakdown and questions using my SDIRA
I’m using my SDIRA to fund the purchase price of my first RE investment:
·Purchase = $74K (w/closing cost)
·AVR = $145K
·Repairs = $25K
·Anticipated Lease = $1,250/mo (NOI of at...
Scott Oswald
Gaining equity
Hello,First time poster, long time reader. When you rent a property I know you want to have extra money left over after paying property taxes, maintenance and taxes etc, but in town where it is more competitive does a...
Sandy Uhlmann
Do you efile your documents/assignments?
I was wondering how many people are efiling their documents/assignments of mortgage? If you buy a note from FCI exchange, they charge $200 for this. I could file it myself for this particular county for under $20 vi...
Marci Stein
please help analyze this deal
House costs $55,000---needs a new roof and some sheetrocking, gutters and paint (approx 14,00-$20,000) . . Taxes are 5,500 a year and insurance may be another $50 a month. Average rent in that area is $1,100- 1200 a m...
Todd Smith
syndications vs long term buy and hold
I curious what people think of syndication vs individual buy and hold. Thinking long-term, syndications are usually 3-9 years at most. This entails extras fees( everyone needs to be paid) and tax consequences - bot...
Vincent Pirrone
I Don't Know Where to Go From Here...
Alright, I have a bit of a problem. I dont know where to go from here. I want to try to get into a BRRRR property. I currently live in a house with a basement that I converted into two units and i currently live in on...
Jaime Kosofsky
LEARNED SOMETHING TODAY
I have been researching RESPA for about a month. I got into a discussion on Activerain about REO closings and I mentioned that the Seller can control the place of closing... I got a very persuasive response that it wa...