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21 May 2024 | 41 replies
My theory is if a tenant pays on time and takes care of the house, leave the rent alone until they move on and then adjust it for a new tenant.Have heard so many times from friends where their landlord raises it and they're agitated.What's your thought?
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20 May 2024 | 7 replies
You can always ask for a tax recert and challenge the assessment file a petition to the VAB value adjustment board and dispute assessment.If all of that fails start looking at investment properties in states like TN, LA, AL, GA, FL, these states in the South East can offer super low annual property taxes.
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19 May 2024 | 2 replies
DSCR only requires that the rents be equal to or greater than the PITI payment or the ITI payment if you go I/O interest only.You can use DSCR for a cash out refinance, Purchase and even a "Rate and term" which is when you want a lower rate or get out of a HML - Hard Money Loan, Balloon payment, Adjustable rate getting ready to expire/adjust (Recast).
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21 May 2024 | 53 replies
Rising intereste rates will f'ing kill you. short term sure bets is what you use adjustable short term money for...happy educating my friend!
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21 May 2024 | 44 replies
As long as you are willing to take some risk on the interest becoming adjustable after the 5th year.
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20 May 2024 | 17 replies
Or have them come back to you with a “things have changed” adjustment to the rate/costs after you choose them.
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19 May 2024 | 25 replies
., if you “actively participate” in the activities (requiring less participation than “material participation”) and if your adjusted gross income doesn’t exceed specified levels.If you’re a qualified real estate professional, then your rental activities aren’t immediately considered passive.
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18 May 2024 | 4 replies
Seems like adjusting lead strategies will be the next tweak.
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18 May 2024 | 3 replies
This is further confirmation of that, because MM never even adjusted my rates in the first place and now it's impossible to turn off.
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19 May 2024 | 21 replies
This does involve more work and your strategy might adjust slightly but it can be a good fit if it's a bunch of nurses, tech workers, blue-collar etc...