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21 January 2025 | 10 replies
I a new investor who self-manages my property and need some advice.Currently, when there are plumbing issues, I have a plumbing company come to the house and I have to meet them there.
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10 January 2025 | 16 replies
To write off travel expenses incurred while looking for a property to invest in:Business License: Not needed.Deductible Expenses:Travel Costs: Yes, such as gas or airfare.Lodging: Yes.Meals: 50% deductible.Education Travel for Real Estate: Yes, 100% deductible.Important: All these expenses are deductible if you report rental income.
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3 February 2025 | 32 replies
The macroeconomics look so good for this market - population is growing, job growth is growing, and so many companies moving and developing here.
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19 January 2025 | 18 replies
The second page is a page for the doctor or professional stating what the tenant is requesting and giving them a little info as to why we the landlord are asking for it. the 3rd page is the ASR with simple yes-no questions. the 4th page is the approval or denial with what information was considered as well as contact information if you want to allow the 2nd review if a larger company.
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12 January 2025 | 4 replies
These are NonQM loans that underwrite by using the gross cashflow (as evidenced by net deposits in your bank account or how much was reported on your 1099) and then applying an expense ratio (usually 30-70%) to determine your gross income.
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15 January 2025 | 10 replies
Also credit score 680 with no missed payments over the last 2 years and also check their criminal report just to make sure you know who these tenants are, as the eviction process in New York city is very long and expensive.
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18 January 2025 | 36 replies
You can also tell her to call the utility company about the best way to save, as turning off heat and on is not efficient having to run longer blasting out cold air as opposed to leaving it set at a lower temp. :)
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10 January 2025 | 6 replies
So, you will need to stand behind the LLC's debt even though the debt will be in the LLC's name and not on your credit report.3.
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15 January 2025 | 6 replies
Insurance companies want to fix it the cheapest way possible, and their goal is to minimize out-of-pocket expenses like this one.
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15 January 2025 | 1 reply
Magistrate Judge Aileen Goldman Durrett on December 4, 2024.According to information presented in court, beginning in 2017, Espinosa, Smith, and Baltazar, along with others, are alleged to have operated a mortgage fraud scheme using various companies, including Short Sale Queen, L.L.C.