Scott Meech
Determining Quality MTR
5 November 2024 | 34 replies
The property configuration is nice and having in-unit washer and dryer will definitely be in your favor.
H. Jack Miller
Beware of Appraisals: I would not at face value, some of them are a joke.
4 November 2024 | 33 replies
I have heard of instances where one (the borrower) is allowed to choose the appraisal company or put in a recommendation for one which the institutional bank may honor, and then the person already knows someone there, that they have gotten to know with time from other projects, and it's not unnaturally inflating value but favoring a good one to keep the reoccurring client.
Kylie A.
What Are You Choosing For Liquidity
29 October 2024 | 21 replies
Do you favor a Roth IRA, high-yield savings account, or life insurance as an investment tool?
Kim Hardman
North Texas - Ready to Get Started!!
1 November 2024 | 11 replies
This will allow you to acquire another investment property with favorable terms (better interest rates, WAY less money down). 5% vs 20% down is massive and will help you acquire more real estate faster in the long run.
Ricardo Polanco
Termination of a tenant Lease
29 October 2024 | 8 replies
There is a legal concept that when a contract is ambiguous that it will be interpreted in favor of the party that did NOT write the document.
Eddie Miretsky
New to REI, looking for support in starting out within the New England area.
30 October 2024 | 7 replies
I'm actively thinking about my target areas and possible deals, but would really appreciate if there were any groups or mentors available interested in discussing the ins and outs of favorable market locations, financing, ideal type of investments and getting that elusive First Purchase!
Steve Tse
Tenant Rent Increase
2 November 2024 | 20 replies
I certainly don't owe any favors to someone who is not respectful to the property, their Increases are without a 2nd thought.
Porter Whitworth
Invest while on sports scholarship? Or Wait until I have a 9-5
29 October 2024 | 1 reply
Or would I be wiser to wait until I have a 9-5 post college and just enjoy these years and hope market conditions become more favorable?
Greg O'Brien
Clearing Up Confusion on Tax Treatment of Short Term Rentals
1 November 2024 | 48 replies
Contemporaneous always will win favor in an audit.
Emily Harrell
New to EVERYTHING
28 October 2024 | 3 replies
To prepare, focus on saving for a strong down payment and maintaining a solid credit profile, as both are critical for competitive financing.If possible, look into FHA or conventional loan options for owner-occupied properties, which may offer favorable terms, especially for first-time buyers.