
13 October 2024 | 4 replies
So, the condo LLC had gotten the suit against them dropped and turn around and filed another suit against me.

14 October 2024 | 3 replies
The flexibility worked out better for them in the long run.Here’s the thing though.. if you’re really gunning for the 60% bonus depreciation in 2024 before it drops to 40%, you might want to negotiate with the seller to honor those existing rentals only until mid-December, like you mentioned, and take over self-management for the last few weeks of 2024.

14 October 2024 | 16 replies
One will not cover damage covered by water damage 'from above' and then theother will not cover damage caused by water 'from below' (flood) and then they cross reference them and don't pay at all.The good ole Insurance people will do anything to not do their job, which is to pay for their clients damages.There is $$ available through FEMA, but it isn't much and good luck getting it.Question is......even if you can get some money do you rebuild in the same locations?

16 October 2024 | 10 replies
The property is in a prime location, close to Old Town Clovis, Fresno State, and outdoor activities.My debt-to-income (DTI) ratio is currently at 50%, but will drop to around 38% in April when my average income increases to $144k (its already there but for loan reasons it needs 2 years of tax returns)..

16 October 2024 | 32 replies
Some areas may still be good to invest in even with global uncertainty.Interest Rates – Try to get a good mortgage rate now, as waiting for rates to drop could be risky.Cash Flow – If the rental income covers your costs and gives a profit, it's a good sign to buy.Long-Term Thinking – Real estate tends to grow in value over time, even if there are short-term changes.Rather than holding off, look for deals that make sense for your goals now.

14 October 2024 | 5 replies
They dropped the price and went under contract before I could make an offer.

13 October 2024 | 3 replies
Is the water leaking from a pipe, damaged roof, clogged gutters, or some other source?
12 October 2024 | 8 replies
Pays power but water /sewer are unpaid for 2 years & accruing in my name & they won’t shut off water to an “occupied” house.
18 October 2024 | 34 replies
Under the $100k property example, something as common as having to replace the sewer line will put you under water and you are more likely to have to come out of you personal reserves to cover operational/cap ex expenses or debt service than in my $6M loan example.Remember cap ex and operations are normally more easily absorbed in the A location assets.

13 October 2024 | 22 replies
Usually that means water/ sewer bills through Cleveland Water and NEORSD.