Elwin Green
What are the equity-based financing options for a free and clear investment property?
21 October 2024 | 8 replies
Because of your loan size, I would advise to buy the rate down using up to 2 points as those usually have the quickest ROI for the payment savings and you will not see rates drop low enough probably to do a refinance that makes since as it would take longer to recoup the cost of the refinance.HomeStyle Renovation loan does require all work be done by a GC so you cannot help with the repairs.
Elizabeth Rose
HELP - the appraisal company gave me a super low-ball appraisal
23 October 2024 | 27 replies
Comps for appraisal disputes typically need to be more similar (size, condition, bed/bath count), more recent, and /or closer in location than the comps used.
Bryan Mitchell
Your 1800Accountant Experiences
16 October 2024 | 11 replies
Typically because they felt their tax professional was fine, but not in tune or up to date with the real estate investing portion of their return.
Cherilyn Williams
Late Rent Payments Keep Happening: How to handle this situation?
22 October 2024 | 14 replies
She can't afford rent, so you get her moved out by the end of the month, then apply her deposit to the unpaid rent, cleaning, and repairs.I may even incentivize her to leave quickly by offering to forgive the unpaid portion of rent if she gets out by the end of the month, but it really depends on a number of factors and I'm not going to ask for details.For future reference, best practice is to have set standards and adhere to them every time.
Patrick Goswitz
Purchasing Material For Contractors
24 October 2024 | 139 replies
But you will never get a GOOD Contractor to work for you when you operate like that.And you missed all the examples of what can go wrong when the customer puts themselves in charge of materials acquisition.....wrong items, wrong sizes, too many, too little, on and on.....
Andrew Montgomery
What creative financing method would you use in my situation?
20 October 2024 | 14 replies
- Would you be willing to sell a portion of your stocks to pull out some funds, OR, can you get a line of credit against your stock portfolio?
Account Closed
WI Lease void due to clause violating Wis. Stats 704.44
24 October 2024 | 18 replies
Generic online contracts or other one-size-fits-all documents can contain illegal provisions under state law that may cause legal and financial woeWisconsin Lease Laws In accordance with Section 704.44 of the Wisconsin Statutes, a residential lease can be considered void and unenforceable if it includes any of the ten invalid provisions outlined in the statute.
Brittany Guimond
Has rental market cooled??
21 October 2024 | 13 replies
These are the best of the best in the Springs for property managers of all sizes and the general consensus was that you need to beat the market down to market rent and not chase it.
Melanie Baldridge
One of the best strategies is this
22 October 2024 | 18 replies
Reinvest whatever money you save on taxes via depreciation back into more real estate or property improvements to continue increasing the size and quality of your portfolio.4.
Isua Mbang
Has anyone used the “All in one loan” with CMG Financial?
21 October 2024 | 59 replies
It's powerful tool for those who are established in their financial behavior and have some spending discipline, because it simply applies regular consumer banking behavior in a beneficial way to shrink the size and cost of mortgage debt faster.