Johnny McKeon
WOULD YOU buy your interest rate DOWN to 6.375% for $22k? With a 34 month breakeven
12 October 2024 | 16 replies
During this time, you'll only be paying the interest, which means your payments won’t reduce the loan principal.
Justin Case
First build job...
10 October 2024 | 1 reply
And you'll get a ton more principal paydown going forward with having a loan and you'll continue to get appreciation but at a much higher base.
Matt Durik
What do you do after giving tenant notice to move and they don't mmove
11 October 2024 | 21 replies
The owner filed for eviction it was thrown out without prejudice because they didn't give enough time before filing.
Steve Dora
1st Purchase utilizing HELOC...what are my options?
10 October 2024 | 11 replies
How do I invoice my company to recoop the interest and the payments on the principal?
Tyler Lingle
Did you use a lawyer to set up your LLC?
12 October 2024 | 12 replies
@Tyler LingleI didn’t use a lawyer to file my LLC but used one forMy operating agreement.
Sara Tranum
If a property you offered on ended up going into foreclosure…
12 October 2024 | 2 replies
Also understand that just because its in foreclosure does not mean it will go to foreclosure. the borrower can work something out with the lender or file bankruptcy as well.
Paul Gamber
Do I need a 1031 exchange in my situation?
13 October 2024 | 8 replies
But no income coupled with personal use (your mother) would make it doubtful that it would pass if you were audited.If you have not filed your tax return for 2023 it might be worth looking at actually renting it to your mom for 2023.
Peyton Culberson
Managing Your First Rental
11 October 2024 | 13 replies
While a software might not be necessary at this stage with your rentals, you should probably at least upload all your files (leases, invoices, etc.) to Google Drive at a minimum.
Mackensie Matze
Should I just pay off a renter and call it a stupid tax?
10 October 2024 | 7 replies
She will not waste money and time to file a Small Claims Suit over a $200 charge when she knows you have evidence to back up your charges.Cut off communication immediately.
Sylvia Castellanos
What costs do I have to deduct from what I am paid for a property?
14 October 2024 | 19 replies
Typically, if they do not file such claims within 1 year, then the transaction is final and the title insurance company will issue a policy.