13 January 2025 | 21 replies
Finding the correct contact info is hard enough, but if your pitch is that they should sell cheap now, you're misreading the market.Multifamily properties are worth significantly less now than they were just a few years ago, and asking for a further discount due to property condition would probably result in a loss, maybe not even pay off the debt.
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6 January 2025 | 9 replies
Repairing to sell might recoup some costs, but given the market and your limited funds, selling “as-is” is likely the best option to minimize further losses.
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3 January 2025 | 5 replies
These days too many people have too little coverage in case of a rebuild so you do want to make sure you understand the true cost of a total loss.
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11 January 2025 | 2 replies
Lending and insurance are based on predictability and without question the frequency and size of losses will continue to eclipse prior records.
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6 January 2025 | 2 replies
Trying to cut my losses as the borrower got all her unsecured debts discharged through Chapter 7.
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14 January 2025 | 37 replies
The cash lost from my one investment that sold at a loss last year was almost completely offset by three properties that executed cash-out refinances in 2024.
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9 January 2025 | 12 replies
i can only see it if you were upside down on an already owned property and you had to move and rented it to negate some of your loss
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8 January 2025 | 14 replies
You’re going to be personally sued no matter the cause of the loss.
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22 January 2025 | 56 replies
Her health is OK, but it's going to drop quickly if we don't find a way to get her active and lose some weight.
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6 January 2025 | 4 replies
Keep in mind the more you write off the less money you will show as you net.If you have (2) full years and depending on how the accountant files your taxes you will have a schedule C more than likely or another schedule that shows profit and loss.