Account Closed
Due On Sale Being Called!!
13 January 2025 | 41 replies
Bottom line, make it so that you never need the seller again after the transaction is closed.
Fareen E.
Start lease on closing date or the day after?
10 January 2025 | 11 replies
As the new owner, you’ll want the lease and your landlord insurance policy to take effect as soon as you take title to the property.Temporary Lease Considerations:While short-term leases can work well, leasing to a seller long-term often leads to complications.
Augustine Chang
Breakeven Strategy for Studio Condo Rental in NYC – Need Advice on Options!
20 January 2025 | 1 reply
I would need to consult tax consultant for this however I expect to reduce my effective costs by ~$1,495/month (based on a 32% tax bracket).2.
John Friendas
Maximum # of DSCR Loans Lenders Will Give?
22 January 2025 | 12 replies
Each DSCR loan is separate and qualifies separately, so one doesn't necessarily affect the other except for the liquidity needed to close since you'll have multiple down payments/closing costs for each transaction.
Joseph Manuel
Real Estate Salesperson License/Do I have to disclose if
15 January 2025 | 2 replies
Your brokerage is required to supervise you, and maintain all records of the transaction, just like any other client.
Jason Khoury
Purchasing Vacant Home from Non-Profit
12 January 2025 | 6 replies
Real estate transactions with non-profit organizations like nursing homes or religious entities can indeed be unique, but they’re often manageable with the right approach.
Ryan Diehl
Refinancing or keep current heloc
20 January 2025 | 3 replies
Where are your scheduled gross rents and effective rents so far in the last T12 months so we can figure out offense and defensive strategies.These would be the questions we'd go through in planning your steps ahead.
Chungying Chu
How to get an umbrella policy as non-resident
20 January 2025 | 9 replies
I understand I can increase liability in each individual landlord policy, but one single umbrella policy is much more cost effective when I have multiple properties.
Dillon Seal
Long Time Lurker
12 January 2025 | 5 replies
My interests lie in all areas of real estate, and I am eager to explore potential opportunities and gain insights into effective strategies.