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3 November 2024 | 24 replies
The Mortgagee may consider that this income is reasonably likely to continue for three years.Calculation of Effective IncomeThe Mortgagee may only use Section 8 Homeownership Voucher subsidies as Effective Income if it is not used as an offset to the monthly Mortgage Payment.
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1 November 2024 | 17 replies
They can continue living in their classic units for $X amount per month and you can agree to slowly raise it over time.
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1 November 2024 | 19 replies
I would be worried that the whole house was done shoddily and will continue to cause you issues as time goes on.You have to get the emotion out of the equation.
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2 November 2024 | 19 replies
Good stuff to think about, thank you Sebastian.It's cool to see extra replies from time to time on this post as I continue with the ideas.It's interesting, I looked into different DSTs and had conversations but just didn't feel comfortable with what I felt was a lack of control or ability to really know the operators and properties.I also kept running the numbers and just couldn't make 1031s into other properties make sense with the new interest rates compared to what I have now.
30 October 2024 | 3 replies
If not, file for eviction the following day and continue the process.
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30 October 2024 | 2 replies
The taxing on marijuana should help us continue to hit the thresholds needed to keep dropping the income tax to zero.
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29 October 2024 | 4 replies
If it continues to perform this well we don't see the need to hire an appointment setter... saves a ton of headache as the position is definitely high turnover.Do y'all think a mortgage brokerage, hard money lender, or wholesaling company could benefit from a system like this?
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5 November 2024 | 28 replies
My fiance and I just moved into a new build in North Sparks, but continuing to slowly build funds up, do improvements to the rentals, and pay down my mortgages.
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31 October 2024 | 7 replies
If the above two make you feel comfortable to continue working with the agent, then drop the price and move on (assuming the numbers make sense).
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31 October 2024 | 8 replies
Doing both flips and BRRRRs, if possible, would prevent you from locking up too much liquidity into a deal or numerous deals, thus allowing you to continue to scale.