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19 January 2025 | 6 replies
The tax benefits refer to the tax deductions from mortgage interest and property tax.The returns mainly rely on appreciation, and the cash flow only improves in the last few years, also depending on securing the 5% refinance rate.I've learned a lot from this forum, but as I start to operate on my own, I'm still not completely confident.
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29 January 2025 | 3 replies
Security investigated to find the renters still at our house.
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5 February 2025 | 16 replies
Legal Protection – It's important to have a solid contract in place, typically a promissory note and a security agreement that outlines the loan terms, interest rates, repayment schedules, and collateral (often the property being financed).
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6 February 2025 | 8 replies
Talk with some securities attorneys, brokers, lenders.
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30 January 2025 | 6 replies
Non-recourse has less personal exposure, but you need a very strong balance sheet to secure this without bringing in a KP.
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5 February 2025 | 18 replies
So when you hire that able handyman and give him keys to all of the apartments and the security codes without learning that he is 90 days out of prison for breaking and entering and committing assault and kidnapping your umbrella coverage may not help.And, these days, a million dollars of coverage will deal with the contents of a small truck that you sideswipe and it bounces around a little with the electronics inside.
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13 January 2025 | 16 replies
.: The applicant needs a social security number or an individual tax ID number (ITIN).
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19 January 2025 | 2 replies
If you have that experience, you probably don't need much marketing, as sellers will be reaching out to you directly.Focus on securing one listing at a time and building momentum.
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29 January 2025 | 8 replies
I position my inspections as 'planning for future repairs/improvements' which mitigates that whole 'he's here to get my security deposit' mindset.And, I would rather have the tenant with me than to have him later claim that something was broken during the inspection.
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10 January 2025 | 21 replies
Quote from @Brian Rocha: I'm looking to secure a HML for a fix n flip in Florida and for now and am only looking to secure for the purchase price only and handle the rehab costs myself.