20 September 2024 | 13 replies
I am getting quotes in the mid 6% range now with about 12K in closing costs (not including escrow), and no PPP.
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20 September 2024 | 23 replies
Hi, i'm looking to purchase multifamily apartments in the next few months ranging from 5-40 units.
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20 September 2024 | 39 replies
The cost of adding a bathroom typically ranges from $25k to $60k for a full bath, or $6k to $12kfor a half bath.
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19 September 2024 | 6 replies
This approach minimizes potential friction while still providing sufficient time for them to make arrangements.Using certified mail for official notices ensures legal compliance and provides a paper trail for documentation purposes.
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20 September 2024 | 31 replies
After the inspection date I believe you are obligated to purchase the property. ( Or could lose your EM ).Im sure the 21 days is totally sufficient if the property is a WINNER.
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19 September 2024 | 8 replies
If you're more conservative, you might want to increase your fixed income allocation.Income needs: If you plan to live off your investments in retirement, ensure your portfolio generates sufficient income to cover your expenses.Remember, this is a general guideline.
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19 September 2024 | 1 reply
The initial effect on mortgage rates was a subtle increase in long term bond yields, however in comparison to earlier this summer residential and commercial mortgage rates are down considerably.For example commercial lenders were in the 7%++ range just a few months ago, and recently are as low as 5.5%-6% and falling.
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16 September 2024 | 7 replies
However, for the strategy to be effective, clients must ensure that they meet all the IRS requirements, such as maintaining the short-term rental for a sufficiently long period and passing one of the material participation tests (e.g., 100+ hours of active participation).2.
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20 September 2024 | 11 replies
Hi @Chris Heeren,I've mostly looked at Multi Family - 2-4 units but am open to single family homes and small apartment buildings depending on the price range.Â
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17 September 2024 | 10 replies
Your primary insurance policy with $300,000 in liability coverage should be sufficient in 99.999% of all lawsuits.5.