Audrey Sommer
Texas Laws on Out of State Investors
27 January 2025 | 11 replies
A significant number of my clients are from out of state, including many from Washington State and California.
Gabriel Peryam
Excited to Join the Community!
27 January 2025 | 3 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
Ken M.
“Short Sale Queen” indicted in mortgage fraud scheme (Creative Financing Gone Bad)
15 January 2025 | 1 reply
Magistrate Judge Aileen Goldman Durrett on December 4, 2024.According to information presented in court, beginning in 2017, Espinosa, Smith, and Baltazar, along with others, are alleged to have operated a mortgage fraud scheme using various companies, including Short Sale Queen, L.L.C.
Suzanne Chan
Fully stabilized 33 unit apartment complex
17 January 2025 | 2 replies
Amenities include, laundry, assigned parking, and wifi available for each unit.
Daniel Baker
Considerations when selling.
15 January 2025 | 6 replies
When considering 'break-even,' cash flow is included...it's the overall ROI that the property generated for you during your ownership.
Brad Roche
FHA 203(k) vs. Fannie Mae Homestyle Renovation Loan
13 January 2025 | 5 replies
They allow you to include up to 6 months of rent payments in the loan if you are unable to occupy the premises during the renovation.Just to be complete, it's also worth mentioning that both the VA and USDA have renovation loans.
Jennifer Gill
Do Not Call List - sick of calls!
24 January 2025 | 9 replies
https://www.donotcall.gov/report.htmlThe effective way to stop the calls, include texting STOP to the number.
John Zhang
Is there a dollar limit on how much we can use real estate depreciation to offset W2
30 January 2025 | 4 replies
@John Zhang If your wife qualifies for Real Estate Professional Status (REPS) and materially participates in managing rental properties, there is no limit on the amount of rental losses, including depreciation, that can offset your W-2 income.
Bianca Rodrigues
Partial Seller Financing Question
15 January 2025 | 6 replies
There may be something called a "Due On Sale" clause.Check and see if all tax parcels are included in one mortgage or if they have separate mortgages.You have to have him spell out what he considers to be a "partial seller financing".
Troy Parker
Renting your first rental to a friend
26 January 2025 | 11 replies
This includes cap ex, repairs (will a renter leave the property in the same condition you hand it off in?