
12 July 2024 | 7 replies
Also, define how you'll share the acquisition costs, such as the down payment, renovation, and closing costs.Payment Responsibilities: Explain how to divide and pay for regular costs like mortgage, property taxes, insurance, homeowners association fees (if applicable), and upkeep expenses.Management and Maintenance: Agree on how property maintenance, repairs, and improvements will be handled, including decision-making processes, funding for these activities, and responsibilities for performing or managing the work.Single Decision Point: For example, I've seen situations where one person agreed to replace an appliance while another strongly opposed it.

11 July 2024 | 0 replies
Was able to get them all leased with regular tenants.

11 July 2024 | 4 replies
You'll defer all tax.For the 1031 you will use all of your regular professionals in their normal capacity.

11 July 2024 | 5 replies
If you paid $300k and sell for $850k…If you owned it less than a year, $550k of regular income at full tax rates state and federal.

11 July 2024 | 4 replies
Try educating tenant on appliance and regular maintenance that needed, such as replacing furnace filter. and make sure communication is done properly in right format, like text messages and then follow up with call, if in need of Maintenace repair.

12 July 2024 | 12 replies
How much do you have in regular savings that you can use to buy a property?

11 July 2024 | 22 replies
I want to accelerate the payoff by either paying $500 extra on each or $1000 extra per month on 1 only and keeping the regular payment for the other.

13 July 2024 | 22 replies
They teach ME things on a regular basis.

11 July 2024 | 11 replies
Otherwise, a regular foreign national program can be used, which are typically capped with 5-15% lower LTV.

10 July 2024 | 11 replies
So it becomes a quick - back of the napkin exercise as you look at properties wherever you find them.