
17 April 2024 | 21 replies
And a refinance in the future is likely (our government can't manage the country with high rates for extended periods).

17 April 2024 | 7 replies
HELOC rates are fixed only for a certain period of time and then adjust on a monthly basis.

16 April 2024 | 3 replies
That way you can bypass a bridge loan.I have borrowed $50k from my father to float some of the purchase of a Dental practice my wife owns...we simply pay into an account that we use to periodically pay him back lumps sums.

18 April 2024 | 12 replies
Here's a PARTIAL list:Office rentComputers, printers & softwareInternet & phone billOffice furnitureOffice supplies: paper, postage, ink, etc.Office liability insuranceAuto expenses: monthly payment, insurance, gas, maintenance, registration/plate feesBroker license fees: annual, monthly board & MLS fees, continuing education fees, E&O insuranceEquipment: lockboxes, signs, etc.Business income tax preparation and paymentsStaff payroll & payroll taxes Time Tasks: answering phones, calling past due tenants, scheduling tours, taking marketing pics, processing those pics, writing ads, researching rent amounts, posting ads, explaining to owners how rent determined & showing where ad posted, opening & processing mail, posting payments, bank deposits, scanning documents & posting to owner & tenant portals, explaining accounting to owners so they understand their monthly statements, taking pics/videos of repairs, finding reputable handymen and contractors, confirming they're properly licensed & insured and tracking annually, verifying repairs done properly, processing invoices for utility bills, repairs, taxes, city inspections, scheduling periodic property evaluations/inspections with tenants that don't want strangers in their homes, explaining to owners why taking so long, and more & more & more...

16 April 2024 | 1 reply
I was the only serious tire-kicker on the deal across an 18 month period.

17 April 2024 | 18 replies
I would love to be able to find a HML lender willing to loan so that I may refinance after the seasoning period.

16 April 2024 | 16 replies
@Jacob Lopez you can also use rentometer.if you have an interest in a specific area though set ap alerts or scan rentals in the area periodically as if you were a renter to see renrs.

16 April 2024 | 0 replies
Provided that the total rental period doesn't exceed 14 days and the rent charged is reasonable, your business is able to deduct the rent payment on the business tax return and you won't have to report this as income on your personal taxes!

16 April 2024 | 12 replies
Lenders typically want to see 2-3 new builds completed within a 12-36 month period, depending on the lender.

17 April 2024 | 39 replies
Is the Seller looking to sell and head to Lake Havasu in his RV next month or is he willing stick around for an extended period of time to help you retain a higher percentage of your clients?