Also appreciate the monitoring advice concerning security deposits.

We have the same concerns and I am hoping we can get more responses from the veterans here.

Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

How did the agent’s concerns affect your listing and presentation of the house?

If you’re focusing on specific property types (single-family, multifamily, or fix and flips), I’d be happy to help analyze the financials of the deals, without any concern about me sniping any good ones you find for myself, haha.Let me know how I can assist!

The one think I would add to the conversation is you say you will not be selling within the next 5 years so the PPP is not a much of a concern.

There aren’t even sidewalks yet.. so while I think appreciation is certainly possible, I’d be concerned the growth would take very long and rent value would take longer.

Hi Jason, For conventional loans concerning rental properties reported on your PERSONAL tax returns, underwriters will calculate your net rental income based on your Schedule E from your most recent tax return (using Fannie Mae form 1038), depreciation and depletion can be added back in to offset the expenses of the property.  

What’s more baffling is that, instead of rectifying the issue, Mike provided access to the wrong account – the unused and unknown one – and eventually led to the cancellation of both my accounts.This experience not only highlights serious issues in their customer service but also raises concerns about their internal account management systems.

Tenant agrees to immediately notify Owner or Agent in writing by certified mail of any dangerous or hazardous conditions existing on the premises.”It was my understanding that even if she were on a month-to-month, she would still have to give 60 days notice.Am I the one who is wrong here?