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17 June 2024 | 25 replies
If they are professional, they can explain this quickly and easily.
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19 June 2024 | 42 replies
That will hurt their Fico score and could easily affect their ability to obtain credit for anything well into the future.
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17 June 2024 | 8 replies
An insurance agency could charge a fee as well but they'd have to show that too.If everything is the same on the policy (can be hard to tell with a cursory look at a quote) it's possible some of the internal risk information was changed a (such as year of update) and the underwriter changed pricing to reflect that.It's also possible one agency asked for pricing credits to get as close to a certain number (perhaps a number you told them based on the current policy) and the other agency was unaware of that number so they didn't ask for credits.That would be the most likely in most cases but it's odd since the quote was already created and given to you from The Hartford that it would change so much.By the way, your agent should be able to retake control of the quote quite easily with a signed BOR/AOR as discussed.
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18 June 2024 | 26 replies
Even though an investor could easily avoid KCMO the tenant’s rights are not onerous at all and I don’t think they should dissuade anyone from investing in KCMO!
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16 June 2024 | 4 replies
I'm sure there is a compromise easily in there somewhere where you can pay a licensed business to do the work and receive an invoice for your $1500/etc.
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16 June 2024 | 11 replies
My accountant doesn't care about that for tax purposes, but I wanted to easily see those numbers in the same place where I was tracking everything else.
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18 June 2024 | 38 replies
@Emily Anderson true on the flat 24% tax rate on rental income without the possibility to deduct costs from it.Keep only one thing in mind: rental income is being added to regular taxable income (salary and rental income).So I could deduct costs before ending up with taxable rental income, however for me, it is being added and calculated together with my salary income.That means I'm easily reaching higher tax brackets even after the deductions, while with a flat rate it always stays the same (even if you earn way more rental income).
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17 June 2024 | 25 replies
In the Cape Coral market, rents have increased so fast that some estimates are easily 30% under market.
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18 June 2024 | 121 replies
People easily persuaded, do your own homework dnt listen to the broke friend lol
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15 June 2024 | 10 replies
However one thing I didn't anticipate was, while the aged sewer line could easily hand two people living in the property, when my tenants moved in and when the load on the sewer system went to five people, it couldn't keep up.Turns out the line had been damaged over time (orangeburg pipe) and was too narrow, so I had to pay to get it replaced.