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5 April 2024 | 1 reply
.- $968 difference paid out over 12 months would be $80.60 per month MORE.The mortgage company is claiming that I owe $3,000 MORE in escrow and is charging me an additional $250 per month.I checked with them and I've NEVER missed a payment and have been up to date this whole time.They say its not a mistake but couldn't explain why I owed $3000 more instead of $968 more for the year.Am I missing something?
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5 April 2024 | 13 replies
In the event of a claim, the deed holder (you personally) and the business will both be brought in as claimnants.
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5 April 2024 | 28 replies
You're going to end up with more people not being able to afford rents or becoming homeless, the very thing you claim you want to fight.
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6 April 2024 | 46 replies
I keep seeing a company on my Facebook feed claiming they do it for ten percent and assumed that was the going rate.
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4 April 2024 | 18 replies
Recently listed one of my rental properties and had an inquiry from a company out of Philadelphia (Rental is in CT) who helps relocate people suffering from an insurance claim.
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6 April 2024 | 19 replies
You could say they are FDIC insured to an extent but claims to be made whole on a failed bank to get reimbursed by the FEDS can take a very long time in some cases.The NNN even if return was 5% you have hopefully property appreciation value long term, tax depreciation against the asset, rental increases, etc. you do not get with the bank.So my clients unless they are buying say a 6 million and up single tenant where I can land 7 plus cap rate above the debt a little those smaller deals sub 4 million do not work unless they are paying all cash or have a tiny loan like 25% LTV so the high interest rate does not affect cash flow that much.So what if someone HAS TO buy with 1031 for large taxes.
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5 April 2024 | 7 replies
There was a case in Aspen a few years ago with a squatter living in a $3.5M home for over a year who tried to claim adverse possession.
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4 April 2024 | 1 reply
Do I have to claim the down payment as income since it was used to pay back a loan?
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4 April 2024 | 42 replies
They claim rent includes washer and fridge working properly.
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2 April 2024 | 49 replies
I have a tenant who claims that there is a bad sewage smell coming from the master bathroom - making it unbearable to live in the condo.He just moved in there on May 1.The entire condo was remodeled.