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23 November 2024 | 15 replies
Fannie does have a guideline that allows a property to be deeded over to an entity so long as the original borrower is also in the entity, but you have to wait 6 months of seasoning and maintain continuity of ownership.
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20 November 2024 | 1 reply
This appears to be continuing into the fall.For some broader context, here’s a chart of the median sales price of a single-family home in Austin over the past 10 years:Compared to the recent median price peak in May 2022, single-family home prices in Austin are down approximately 19%.
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22 November 2024 | 7 replies
She will say, "I will just text them that Ill come check out their issue etc" and I'm like "first of all, we do not text them, we send them a message on the portal, do NOT give them your personal cell #" yet she continues tod o it, I was told last night that we will definitely be letting her go.
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22 November 2024 | 14 replies
Focus on your current sales position and continue building on that.
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19 November 2024 | 2 replies
It now cash flows beautifully, which I continue to utilize for other my other properties.
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21 November 2024 | 16 replies
Fannie does allow vesting to be changed to an entity after 6 months of seasoning on title AND the original owner must have continuity in entity that is being added to vesting.
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25 November 2024 | 19 replies
Most of the time, you're not doing anyone any favors by keeping rents too low - you're running a business and taxes / insurance / HOA / Maintenance are likely to continue to increase.
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11 November 2024 | 7 replies
Personally, I wouldn't spend money on an attorney because 1) I think the covenants/restrictions can sensibly be used against STRs and 2) because the HOA potentially has deep pockets if the officers decide to fight because they can pass the cost of the fight to the home owners.I would reach out to the officers to get their sentiments and to plead my case, and I would start building my case with the other homeowners.
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18 November 2024 | 1 reply
It helps real estate agents to ensure the continuity of their relationship with leads and customers.
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18 November 2024 | 3 replies
I want to continue to use this house as a rental.