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All Forum Posts by: Account Closed

Account Closed has started 25 posts and replied 146 times.

Post: Attorney/State Legistor delaying my Eviction till August

Account ClosedPosted
  • Real Estate Agent
  • Arlington
  • Posts 162
  • Votes 100

Just a thought:  you might be able to reach out to the attorney's opposition for their seat. They might love to know this is happening and could suggest additional helpful resources.

Also, are you by any chance a veteran?  Thus legal resource through USC Law School could be helpful and economical too. 

Post: Cost Segregation Study for SFR's

Account ClosedPosted
  • Real Estate Agent
  • Arlington
  • Posts 162
  • Votes 100

It certainly does answer my question...   #1= "Preparation By An Individual With Expertise And Experience"   Total nonstarter!

Post: Cost Segregation Study for SFR's

Account ClosedPosted
  • Real Estate Agent
  • Arlington
  • Posts 162
  • Votes 100

@Michael Plaks

That's the feedback I was looking for, thanks.

What demands would the IRS impose if audited and I were made to prove the cost seg's legitimacy?

Post: Cost Segregation Study for SFR's

Account ClosedPosted
  • Real Estate Agent
  • Arlington
  • Posts 162
  • Votes 100

Hi everyone - are there any economical solutions to cost seg studies for SFR's?

Thanks,

Jonny

Post: HELOC appraisals - why so low?

Account ClosedPosted
  • Real Estate Agent
  • Arlington
  • Posts 162
  • Votes 100

Very helpful. Thanks!

Post: HELOC appraisals - why so low?

Account ClosedPosted
  • Real Estate Agent
  • Arlington
  • Posts 162
  • Votes 100

@Chris Mason

Thanks - that's helpful. Do you reach out directly to the appraiser or submit this through a lender?

Post: HELOC appraisals - why so low?

Account ClosedPosted
  • Real Estate Agent
  • Arlington
  • Posts 162
  • Votes 100

Thanks. Bought Feb 2018. Heloc appraisal  (full) was done Nov 2018. Great deal:  duplex, well rehabbed, long term tenants, excellent cashflow, 5 min from proposed site for Obama presidential library and tiger woods golf course.

Post: HELOC appraisals - why so low?

Account ClosedPosted
  • Real Estate Agent
  • Arlington
  • Posts 162
  • Votes 100

Got it. That's helpful. Any way to advocate for a higher appraisal?

Post: HELOC appraisals - why so low?

Account ClosedPosted
  • Real Estate Agent
  • Arlington
  • Posts 162
  • Votes 100

It was.

Post: HELOC appraisals - why so low?

Account ClosedPosted
  • Real Estate Agent
  • Arlington
  • Posts 162
  • Votes 100

Hi everyone - is it common for HELOC appraisals to come in lower than conventional mortgage appraisals? Last spring my property appraised for $135k and this past fall it appraised again for $85k. No drastic changes to the community in Chicago that in. What's up with that?

Has anyone had luck with the  HUDA method (Hang Up, Dial Again)?

Thanks,

Jonny