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Results (9,745+)
Austin McDonald Looking for help analyzing closing costs- first Investment property!
23 September 2024 | 4 replies
However, if these aren’t itemized clearly, it’s worth asking for an explanation from your lender to make sure you’re getting the full benefit of the assistance.Your lender mentioned the title fees are conservative, which means they might come down closer to closing.
Rene Hosman Do you put extra money toward principle or invest that money elsewhere?
23 September 2024 | 5 replies
Here's a fundamental explanation to get your juices flowing:Assume a house costs $200,000 and rents for $1,500.
Tasha Smith Inheriting 2 leases for Duplex - Security deposit + Lease guidance
21 September 2024 | 3 replies
Security deposit amountYou can find plenty of examples by searching for "tenant estoppel certificate doc" or exchanging "doc" with "pdf" for more options.Here is an example and explanation: Sample EstoppelSome have a lot of legal jargon but this document does not need to be so detailed.
Michael Plaks The so-called "STR loophole" - hype or real?
23 September 2024 | 19 replies
If you're not familiar with depreciation, read this detailed explanation: https://www.biggerpockets.com/...Depreciation will lower your net income and, accordingly, lower your taxes.
Cj Powderhorn Typical time between tenants
22 September 2024 | 13 replies
Under no circumstance should a rent ready be quoted at 3-4k then invoiced at 6k with no explanation or approval.
Don Konipol Customers You Should Avoid
22 September 2024 | 11 replies
The agent, a fiery German lady going after the owner, berated the owner, threatened to sue him if he doesn't accept us as buyers, and the deal was signed off that night.An explanation.
Ryan Dunn When do you think we will see the .5% rate drop hit loans?
20 September 2024 | 9 replies
Why i ask is i am looking for a DSCR loan and hoping to see better loan rates soon.Thanks Ryan, Jay Hurst, posted an excellent explanation it this very sub forum.
Katie Williams Tired of Innago …
19 September 2024 | 18 replies
If the tenant requests it and can provide an explanation as to why it happened so frequently and why they expect it to stop, we will reactivate it after that, though.
Si B. Mortgage Lenders or Carriers
18 September 2024 | 4 replies
As Brandon noted, you will need to provide an explanation as to why you were late.
Daniel Mendez Renters Insurance: How do you explain it to the tenant?
19 September 2024 | 11 replies
Simplest explanation is if something happens (eg a fire), your insurance isn't going to cover any of their belongings or temporary accommodation.