Mike Tremblay
Conventional loans for properties under $50k?
So I bought a duplex (just one side) for about $44k including repairs and closing costs and all using my HELOC. My plan was to refinance it with a conventional type of loan and use my HELOC to buy more. But almost a...
Jon Crosby
FFE as Price per Square Foot?
Greetings Everyone! I'm working on a 'side project' related to an STR investment calculator. After getting some great feedback, I realized I did not have FFE (Furniture, Fixtures and Equipment) built into the acquis...
Wannitta Easterling
Los Angeles Newbie Looking to Invest in Multi-Family Rentals
I currently live in Los Angeles but I'm looking to invest in multi-family rental properties for under 150K out of state because LA is expensive. Preference for Charlotte, Atlanta, or South Florida markets. I'm a veter...
Joe Zinger
Top 5 items that landlords waste money adding?
What do landlords spend money on for rental SFR that end up being a waste of money? Seasoned investors have probably learned these items over time that new investors could benefit from.
Windows , Blinds, Upgraded A...
Toussaint Hill
Advice on Subject to deal in Atlanta
I have got a deal that I'm trying to figure out how it can work. I went and saw a house this weekend where the ARV is 150k, the property is in great shape and would make for a good buy and hold deal and it's located i...
Jack Frost
Sensitivity Testing properties
Big companies use sensitivity testing on ROA's(return on assests). They run the numbers at the projected output to see if it is a good investment, then they run them at 90% and 80% to see if it still cashflows. Is ...
PAul Kazak
Insurance Claim and working with a General Contractor
We have suffered a substantial fire at one of our rentals, and the insurance company has written us a check for the damages and lost rent, and we are now in the process of selecting a General Contractor for the repair...
Chris Igard
Offer above appraisal
I bought a HUD home at 83K and the appraisal just came back at 80K. We would have to come to closing now with an additional 3k. This is an owner occupant. Any advice would be greatly appreciated. The house needs so...
Glen Dall
Private Lending Contract
I've been approached by a friend who's interested in participating in our REI venture by private lending to us. Does anyone out there have any contract forms they could share with me? Thanks!
Guy Laclair
Higher property taxes in Indiana as a non owner occupied
Was looking at buying an investment property near Indianapolis and just discovered something huge. The property taxes are reduced for primary residence 3 different ways.
1. If you have a mortgage you get a tax break
...