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22 February 2025 | 5 replies
Since generally the benefit of a house hack is to hold the primary residence loan as long as possible, if you hold it long-term, you could still be forced to pay the mortgage insurance 10+ years down the line.Plus, you can only have one FHA loan (with some exceptions) at a time, so I'd rather use this house hack for 5% down which I can repeat and save FHA for another time.
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4 February 2025 | 2 replies
Use Real Estate By the Numbers as your guide, make sure it tracks the loan pay down and depreciation and have all of those numbers pour into a Schedule E.
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5 February 2025 | 6 replies
With average rents in Charlotte hovering around $1,800 to $2,000, that means an average agent fee of just $190—if the management company even pays the showing fee.I understand that this may vary by market, but in mine, I don’t see agents being incentivized to work with renters.
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12 February 2025 | 29 replies
Sales agent gets slightly more aggressive than I like, but other than that, they seem more trustworthy than other opportunities like this that I come across.
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18 February 2025 | 8 replies
You are going to pay more for something new so you might take a look on the local Craigslist, FB marketplace or OfferUP and see what is out there.
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21 February 2025 | 10 replies
Then they have to sign a W-9 before we'll pay them.So, we've never had to deal with illegals, etc.
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28 January 2025 | 42 replies
While buying one that’s up and running might seem a good idea - paying for speed - if you’re not quite ready, sometimes the best deal you make is the one you don’t make at all.
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12 February 2025 | 6 replies
Successful sales record.
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17 January 2025 | 1 reply
Translation: you helped your client to protect their cheating against the state assessment.I understand that your client, as a result, avoided paying $45k.
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7 February 2025 | 17 replies
Then, both needed about $5,000-$10,000 each in repairs and cleanup.Even with low rents in those areas, renters struggle to pay $995/month on one property and $1,095/month on another.