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4 February 2025 | 0 replies
I wanted to help them out and minimize their loss and saw an opportunity to get a property slightly below market because of my commission savings, immediate mortgage and maintenance relief, in addition to keeping a lower short term interest rate How did you find this deal and how did you negotiate it?
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6 February 2025 | 2 replies
Hi everyone,It has been awhile since I have posted on here, but am excited to get back in!
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18 February 2025 | 9 replies
Be mindful that there are rules that the lenders want you to check off.Furthermore, there are other rules on the tax side where you want to normally be under to get the most tax benefits.The magic number in both instances is '14 days'Lenders want you to stay atleast 14 days to meet the secondary home requirement.The tax accountant normally wants you to stay less than 14 days or 10% of the days it was used as a rental to treat it as a rental and not as a personal residence.Best of luck!
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3 February 2025 | 1 reply
I try not to let it get personal...there are some members that have been 'inappropriate' in the past, but I will still give them a vote if their post actually deserves it
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30 January 2025 | 10 replies
I have found that they worked really well when it comes to getting better tenants and better rents, and having less hassle, less headaches, and then getting a higher sales price; without paying closing costs or realtor fees.
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31 January 2025 | 19 replies
Get a maintenance contract on your hard systems that feature 2x a year service.
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8 February 2025 | 8 replies
If you just have one rental you can probably get by with generic tax filing software.
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31 January 2025 | 5 replies
Update to my previous post (the update button didn't seem to do anything for me).Their customer support team was able to help me get my account back, even though the email made it seem otherwise.
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28 January 2025 | 9 replies
Otherwise, get a HELOC to access the equity to buy a home in AZ.
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27 January 2025 | 12 replies
You never get hurt taking a profit.