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1 October 2024 | 5 replies
Think about what you think is a reasonable number and get back to me.two days later she says 50K due to all of her furniture now having mold damage.
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30 September 2024 | 7 replies
You can also refinance again later to pull out more cash if the equity increases.HELOC (Home Equity Line of Credit): This would allow you to take out $20k as needed while keeping the current mortgage in place.
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2 October 2024 | 11 replies
Ours were not electronic, they would fill them out at the property if they were interested, or drop them by later.
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2 October 2024 | 13 replies
Real estate investing can be a great idea for several reasons:Potential for Appreciation: Over time, properties often increase in value, allowing investors to build wealth through appreciation.Passive Income: Rental properties can provide a steady stream of passive income, helping to cover expenses and generate cash flow.Tax Benefits: Real estate investors may benefit from various tax deductions, such as mortgage interest, property taxes, and depreciation.Inflation Hedge: Real estate tends to keep pace with or outpace inflation, making it a good hedge against rising costs.Leverage Opportunities: Investors can use financing to purchase properties, allowing them to control larger assets with less capital upfront.Portfolio Diversification: Real estate adds diversification to an investment portfolio, potentially reducing overall risk.Tangible Asset: Unlike stocks or bonds, real estate is a physical asset that you can see and manage, providing a sense of security.Control Over Investment: Investors can influence property value and income through renovations, management decisions, and property improvements.Building Equity: As you pay down a mortgage, you build equity in the property, which can be accessed later through refinancing or selling.Community Impact: Investing in real estate can contribute to community development and improvement, positively impacting neighborhoods.These factors make real estate investing an appealing option for many people looking to grow their wealth and secure their financial future.It really comes down to investing in a growing market, in a good neighborhood & building a great team to support you.
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30 September 2024 | 5 replies
The only ones who will do it are the newer CPAs desperate for business and hoping that you will become a paying client later.
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30 September 2024 | 1 reply
Months had gone by and no work was being done and he kept blaming the city for staling the permit, which I later found out was not true.
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4 October 2024 | 16 replies
We found out later that he had just become engaged to a Russian “doll” 35 years his junior who believed he was worth about 200 times what he was. 2.
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30 September 2024 | 11 replies
I've seen situations where people tried to cut corners with cheaper software or DIY options, only to face costly IRS issues later.
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1 October 2024 | 0 replies
So if you're looking at this at a later time, likely not up to date anymore.
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30 September 2024 | 8 replies
Planning to purchase in Phx,Az and surrounding areas, my equifax score is 700, experian 645,no debt whatsoever, have 1099 for 2022 and 2023 (required 2yrs), on my 1099s it says i make 135k per year, do not have tax returns (yea, yea), im planning to first start with my bank wells fargo.This would be my first home and at 1st plan to live in it, possible house hack, going for a -$300k loan. should i go traditional, fha , i plan to be on a fixed rate so I dont get surprises later on.In my situation, what down payment amount do you think will be needed .