Justin Brin
Where is everyone moving to?
11 January 2025 | 7 replies
Based on how many people have moved here from other states (specifically California, Oregon, Washington, and then a few areas like NY/NJ) along with the amount of redevelopment projects and the chip factory that was put in - I think there will be further appreciation for the foreseeable future.Will Phoenix economy be depended on this chip factory?
Desiree Rejeili
What To Save for When Buying a Home
9 January 2025 | 0 replies
Closing costs typically range from 2 to 5 percent of the total loan amount, and they include fees for the appraisal, title insurance and origination and underwriting of the loan.”When it comes to closing costs, a trusted lender can guide you through specifics and answer any questions you may have.
Pavan Kumar
House not rented for 100+ days
16 January 2025 | 12 replies
When you re-list the property, it will restart the counter for "days listed" (assuming it is down for a reasonable period of time, I'm not sure their exact specification, I know we've been down for 24-48 hours and it did not restart).
Rebecca Graziano
Where are the genuine RE meetups in DFW area?
20 January 2025 | 1 reply
I have had two amazing mentors in very specific niches, but they retired.
Charlie Green
Foreclosure Deal in Cleveland OH
16 January 2025 | 5 replies
We specialize in auction properties all over Ohio but specifically in cuyahoga county.
John Gillick
1031 leverage question on partial sale
15 January 2025 | 11 replies
Proportional leverage (like 27% LTV) isn’t specifically required, but if you don’t reinvest the full amount or fail to replace debt, the difference will be taxed as boot.
Loren Souers
Best deal for first time rental purchase
19 January 2025 | 8 replies
@Loren Souers I'd have to run the specific scenarios with the rates and fees, but if you're OK with paying the higher closing costs, the Mortgage 1 deal looks good, particularly if you focus on CoC returns.
David Woodside
500 hour rule - material participation
15 January 2025 | 12 replies
CPAs often advise against pursuing this designation unless the time commitment and documentation are robust, as failing to qualify can result in IRS audits or penalties.The 500-hour rule pertains to material participation in specific real estate activities or businesses.
Tricia O'Brien
Seeking Modesto CA Property Manager Referrals
23 January 2025 | 1 reply
So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?