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15 January 2025 | 11 replies
She missed other emails from the insurance provider confirming the policy did in fact cover all hazards.
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13 January 2025 | 5 replies
While FHA's max loan limit is $525,225Please comment any questions or if I missed anything!
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12 January 2025 | 8 replies
There's a big swing here in insurance and tax calculations I see and getting those numbers accurate are critical for your ability to not miss on good deals
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18 January 2025 | 12 replies
OR I am missing something.
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13 January 2025 | 30 replies
Let's assume that the neighborhood is a C class and the median income of the city is greater than 3X of the market rent.Here are some of the considerations I've come up with so far:- Units are in need of renovation and capex is too high or not available- Unit quality is not the same as market - Seller is worried about losing tenants due to increase- Vacancy rates are high or filling units have been difficult- Rent increase would take multiple increases over multiple lease periods to get to market rate if seller is trying to retain the same tenant- Seller inherited property and just want to liquidate- Seller needs to liquidate quickly (financial burden, sickness, quick exit from land-lording)It seems like I might be missing a warning sign about a deal if they are selling with current rents that are under market; but again, this seems to be most of the properties I've underwritten.And in the same vein, what should I be worried about when purchasing a deal with under market rent with the intention of raising them after purchase.
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9 January 2025 | 20 replies
Actually, I think you missed my point.
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13 January 2025 | 7 replies
Do you feel like you may be missing out on deductions?
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21 February 2025 | 182 replies
I apologize on the autocorrect miss spelling above
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14 January 2025 | 329 replies
What am I missing here?
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4 February 2025 | 17 replies
Perceived deception & missed payments are tantamount to losing the case.The lender sends the tax forms to the borrower under the borrower's SSN.