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15 September 2024 | 18 replies
Notary then those signing also have to give thumb prints .. which some folks are really squirmy with they dont want their thumb prints out in the public realm.. this all changed about 20 years ago or so with all the mortgage fraud of the 90s.
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21 September 2024 | 33 replies
H2 2022- fwd will be high debt and understanding how to operate in that environment is new to a lot of folks, but the chance to succeed and qualify your risk taking is absolutely there.Hold more reserves.
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23 September 2024 | 81 replies
I recently heard that was a thing and I was mind blown, that in 2024, there's still folks with toilets that can't handle toilet paper.My opinion, it's disgusting.
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19 September 2024 | 30 replies
It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.
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16 September 2024 | 6 replies
After fees and repayment of loans/repairs, you may walk away with an extra $10K max.
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16 September 2024 | 10 replies
They're behind on the mortgage by a year and owe all kinds of extra fees that will make them upside down.
16 September 2024 | 9 replies
We host a monthly REI Meetup in Woodland Hills and there are many folks in our group grappling with similar scenarios.
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16 September 2024 | 13 replies
It adds an extra element of complexity to the process (now you have to negotiate buyer-side commission as part of the deal).
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14 September 2024 | 10 replies
One downside I see to this strategy from a tax perspective: You are unable to take advantage of the STR loophole which is a massive offset of your tax liability for many folks.
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19 September 2024 | 44 replies
But IF the interest rates were close, I'd certainly consider it, just to deploy all that extra cash on more buys.