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19 September 2024 | 14 replies
Unless you have extensive time and experience managing Section 8 rentals, it is not advisable to self-manage them.Did they send you pictures of the holes in the floor?
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17 September 2024 | 17 replies
Its really going to come down to multiple factors, including your personal situation/strategy but it appears you are definitely thinking about things in exactly the right way.I'd say since it doesn't seem to be an "urgent" need - I'd advise talking to some lenders and since the rate environment is still moving quite a bit, settle on a interest rate / points combo that is "your number" and when market rates move down to that point - have the lender contact you and get ready to go, and just wait until that occurs
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16 September 2024 | 10 replies
I had a title company that advised me every step of the way.
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17 September 2024 | 22 replies
Advise you find another lender who has less paperwork.
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16 September 2024 | 0 replies
The American Institute of CPA's (AICPA) is advising employers to file the Beneficial Owner Information (BOI).
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18 September 2024 | 15 replies
A few notes:- I advise people NOT to buy out the PPP completely, but to maybe shoot for 2-3 years just to get a more reasonable rate unless you are absolutely positive you want to refinance sooner and are willing to pay more for that option.- A hurdle here is that your loan amount drops below $100k, which is the minimum for many lenders.
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19 September 2024 | 44 replies
Buy and hold at that point time would have been great advise.
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19 September 2024 | 40 replies
I would advise sitting down and putting the costs in front of you, are your lease lengths 15-24 months at a time, are your tenants low risk and likely to occupy or break lease, things to consider :)
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20 September 2024 | 73 replies
The problem with that is that I spoke with a bunch of Real Estate Attorneys that assured me they can and do perform the same services (contract negotiations, advising, etc…) and they do it for a fixed hourly rate as opposed to an equity stake.
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16 September 2024 | 6 replies
The Brokerage advises agents NOT to handle deposits, but have buyers send it directly to the closing company (e.g., closing attorney or seller attorney).