Garry Lawrence
19-Year-Old Closing on First Rental Property – Seeking Advice!
11 January 2025 | 12 replies
Are there any specific clauses I should include in a room-by-room lease for a shared living space?
Carlos Silva
Velocity Banking for paying off mortgages
13 January 2025 | 19 replies
I will give you my numbers since we are 3 years into Velocity Banking.Home was purchased at $410k.Interest rate: 3.125%30 year termMortgage payment is around $1950 (includes insurance and property tax)HELOC: 8.25% Variable rate - current rateCredit Limit: $97kLet's say I made $10k a month and our expenses were $6k each month including the mortgage.
Nick Gallon Martin
Confused about deductibility of interest on tax return
16 January 2025 | 1 reply
I know that interest on the acquisition loan can be included in the cost basis since it’s inventory.
Gamal Harding
Columbus Lands Another Large Tech Firm! 4000 Plus Jobs Coming
17 January 2025 | 2 replies
As real estate investors and property owners, understanding the broader implications of this development will be key to navigating the opportunities it presents.Anduril Industries and Its Expansion PlansAnduril Industries specializes in advanced defense technology, including artificial intelligence, robotics, and autonomous systems.
Unal Baris Kancoglu
HVAC is red-tagged. Need to replace it as quickly as possible.
15 January 2025 | 11 replies
We typically pay somewhere in the range of $3500 for a new, basic furnance, including install, if there are no other modifications to the system required.
Patrick G.
Calculation about cash on cash return
9 January 2025 | 5 replies
It does not include the rent income, just the appreciation, it is about 11%.
Charlene Kingsnorth
Private Lender Loan Servicing Software Fees
15 January 2025 | 15 replies
I would include it either as a lump sum at closing for the amount which is easier than charging it back to them on a monthly basis.We have "investors" who own a % of each mortgage.
Mel Rosario
Help with Apt insurance in California
17 January 2025 | 3 replies
Please advise.ThanksMel I'd recommend a local Independent Agency that has access to multiple markets including surplus lines
Daniel M.
Locking Up a Property Sight Unseen—Need Advice
16 January 2025 | 6 replies
The risk is not including due diligence caveats in your offer, like inspections.