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9 February 2025 | 8 replies
Collect your fee when the transaction closes.5.
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10 February 2025 | 1 reply
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
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21 February 2025 | 3 replies
One of the more overlooked downsides is the funding fee; however, if you have a service-connected disability rating, the VA funding fee is usually waived.
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11 February 2025 | 10 replies
In my office - applicants cover the fee entirely.
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14 February 2025 | 8 replies
These all require applicants to submit an acceptable Letter of Explanation addressing each specific issue and occurrence.Rental HistoryBecause a current landlord may say anything to get rid of a bad tenant out of desperation, we also require information for the previous landlord of all applicants…Analyze IncomeMany landlords require a month of paystubs from applicants and just use these to calculate a monthly qualifying income…Employment StabilityUnless an applicant has exceptional credit, we strive to determine their stability of employment…AssetsWe are one of the few management companies that requires a bank statement as part of our application process…Letter Of ExplanationAny time there are credit issues or we discover an inconsistency, we require a written letter of explanation (LOX)…UnderwritingTraditionally, landlords have only looked at the income of applicants…ApprovalOnce an applicant is approved, we require a nonrefundable Holding Fee to make sure they are serious…
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16 February 2025 | 3 replies
Jeremy, I hope you don’t take this badly…..I noticed your posts don’t get much “traction” The reason is they read like slick marketing “puff” pieces you find posted on LinkedIn all the time, rather than personally engaged discussions, If you want significant engagement, just write something out, and don’t even “edit” it, just go with the first draft, giving the effect like a personal conversation with someone.
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21 February 2025 | 4 replies
There's a good chance the issue(s) you face has already been discussed and answered.Ask questions in the appropriate forum.
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21 February 2025 | 2 replies
I know this question was discussed many times previously, but hoping that high W2 or capital loss carryover bends the case in my favor to claim this as capital gain.
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13 February 2025 | 12 replies
We haven't been able to sit down and really focus on what will be the best investment project...but...we should get on a zoom call and discuss it in more detail.
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17 February 2025 | 4 replies
Please feel free to reach out and discuss your situation and see if this may be a good fit for you and your family.