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14 February 2025 | 9 replies
@Berry Starnes I just called TSP and they told me that after the loan is paid off in full you’re able to apply for another TSP loan 60 days after the loan is paid off.
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15 February 2025 | 8 replies
Actually in Florida the safe harbor rule only applies to the lender foreclosing.
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19 February 2025 | 1 reply
The same may apply for putting the house into a trust.
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14 February 2025 | 8 replies
Applicants pay a one-time application fee, which is valid for 30 days, allowing them to apply to multiple properties within that period using the same fee.
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19 February 2025 | 32 replies
We embrace S8 applicants, but screen them just like any other applicant.Many have an entitlement mentality and try to leverage their S8 voucher by pretending to be helpless:1) A percentage won't apply because they expect a landlord to waive application fees for them.2) Many cry broke and expect a landlord NOT to charge them a security deposit.3) Many of those same S8 tenants trying to avoid paying a security deposit, won't make an effort to call the list of nonprofits we send them that will pay their security deposit if they apply.4) A lot of them try to avoid paying for utilities.
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21 February 2025 | 6 replies
The basics of STR apply anywhere.
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30 January 2025 | 47 replies
Human nature is fallible and any business that exists out there is run by humans.
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20 February 2025 | 0 replies
I have both of those skills and am humble enough to take feedback and apply it to better myself as a person.
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22 February 2025 | 5 replies
It assumes the property is Class A - which not a lot of investors are acquiring these days.Here's some copy & paste info about property classes:_____________________________________________________________________________Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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18 February 2025 | 9 replies
However, if your flip is considered inventory (not an investment property), a 1031 exchange won’t apply.