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13 February 2025 | 95 replies
Well, once the title company/closing attorney puts together the final numbers for closing, they are being told that anything older than 7 years is forgiven.
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24 February 2025 | 72 replies
-Booking.com is a very large and established company that has been around much longer than airbnb and vrboCons:-more listings to make sure are all staying maintained assuming you are also on airbnb and vrbo-you have to pay them their commission back at the end of each month which is a pain in the a** and is an unnecessary extra step-payouts can take longer as you mentioned-it has been impossible for me to find anyway to contact customer service over the phone and instead you have to refer to their forums and FAQs for any answers you need.Hope you found this helpful.
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7 February 2025 | 12 replies
If something breaks, the management company fixes it.
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30 January 2025 | 4 replies
I follow Dodd Frank, I use an RMLO, I have a title company close the sale and offer title insurance.
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21 January 2025 | 8 replies
you can utilize a skip tracing company to get contact information for the owners.
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18 January 2025 | 6 replies
Consider using an FHA loan to secure a 1–4 unit property with just 3.5% down and take advantage of tax benefits by living there for at least two years.
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19 February 2025 | 22 replies
However, the best deals are often off-market, so networking with local commercial brokers and wholesalers in Cleveland is key.For finding investor-friendly agents, check out BP forums, local real estate meetups, or even property management companies, they often know who’s selling.
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12 February 2025 | 15 replies
The average person would be shocked but even our enemies like Iran and Russia are still buying our assets through shell companies.
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10 February 2025 | 16 replies
See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.
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22 January 2025 | 9 replies
I have noticed that as companies they grow, their quality and attentiveness tend to decrease.