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18 January 2025 | 8 replies
My idea is to set up a ~$450/week payment plan for the remaining balance, and to get them back into the rhythm of paying with a deadline.
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7 January 2025 | 5 replies
However, no one at PennyMac was able to provide documentation nor were they able to confirm that our monthly payment would remain the same after transferring to the LLC.
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9 January 2025 | 8 replies
Assuming your property is in Utah (like your profile indicates), here's the state law from a basic internet search:In Utah, a tenant who abandons a rental property without notice is liable for the lesser of the following: The rent remaining on the leaseThe rent plus the difference between the fair rental value and the agreed-upon rentThe cost to restore the property to its original conditionThe landlord can also remove the tenant's belongings and sell them if the tenant doesn't claim them within a reasonable time.
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5 January 2025 | 0 replies
.📈 Interest Rates UpdateMortgage rates remained steady above 7% this week.For context:2017–2021 rates: 3.65%–4.87%Pre-pandemic average: 4.16%While today’s rates are higher, Las Vegas home prices continue to rise.
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17 January 2025 | 19 replies
Dropping your rental rate and remaining competitive in the market, will attract the right tenant based on your initial application and screening requirements.
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19 January 2025 | 354 replies
The principal was a mortgage broker with no experience as a note INVESTOR2. 10% of the capital raised was going to “expenses” before the remaining 90% was invested3.
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5 January 2025 | 28 replies
If that leads to a more structured and education based meeting, then that is great - if it remains just a place to gather and bounce ideas and network, that's great too.
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3 January 2025 | 2 replies
I saved up the down payment for a few months and have a few remaining as emergency funds.
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9 January 2025 | 9 replies
If yu claim one it doesn't void the option to claim the other one.Provided you meet the IRS requirements for both, as a tax strategy, you could complete exclude a portion of capital gains under Section 121 and then defer the remaining capital gains under Section 1031 (@Dave Foster is a great resource for 1031 exchange). ..
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10 January 2025 | 8 replies
You can reach out to the Title company and see if there are any funds remaining for dispersement, if so then ask if there is a way to make a claim to those funds.