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29 October 2024 | 15 replies
@Jamaal SmithIn Florida, the property appraiser provides a detailed mailing showing all taxes for last year, as well as the proposed taxes for the current year with any increases, as well as a column if the increases aren't approved (or something like that.)I think I missed the fact that you say this was a $600 increase per MONTH!
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24 October 2024 | 2 replies
The IRS requires a very detailed mileage log, so if you are ever audited, you run the risk of losing your mileage expense if you simply estimate.
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24 October 2024 | 10 replies
Also, this creates misalignment of interests as the deal unfolds.3) Check the details of the operating agreement.
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25 October 2024 | 66 replies
IE fraudster full stop.She can probably give you the detail your looking for how they made the connection
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25 October 2024 | 18 replies
I just shared with you "What You Must Know About Cook County Eviction Process in 2023" where we detail out in writing the steps from the interview we did with the attorney whose firm is top 3 in Chicago/Cook!
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25 October 2024 | 23 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!
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23 October 2024 | 1 reply
I recognize that the CoC return is not as high as we'd like, but it does come with some built in equity (~$100,000)Details:- 3/2 Single family house (1487 sq ft) with a 1/1 ADU out back- Zipcode 78745- Purchase price: $469,900- Down payment: $50,000 plus CC (includes assignment fee)- Seller Finance $419,900 at 3.5% interest; 30 year amortization with a 15 year balloon- PITI $2744.02- Rental comps: $2667 for the 3/2; $1505 for the 1/1 - LTR according to BP (Total $4172)- Repairs needed - minimal, coat of paint and maybe swapping a window unit A/C for a mini split
30 October 2024 | 94 replies
What should I study in detail?
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25 October 2024 | 2 replies
I built this pricing engine as a good way for people to keep tabs on where DSCR rates are at for any given scenario without having to submit any personal details.
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28 October 2024 | 23 replies
If the tenant does move , do a detailed inspection in case the tenant messes things up