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26 January 2025 | 43 replies
Can you point me to a reported decision where a court ordered money damages in lieu of specific performance when real property was the subject of the dispute?
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14 January 2025 | 23 replies
It's the same idea.FYI I've seen subto contracts which provide for ~$50,000 in liquidated damages against a seller that reports the sale to the lender and that results in the loan being called.
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2 January 2025 | 32 replies
Since the DealCheck app makes nice reports, I would probably use it after the fact to check my numbers and print out reports if needed.
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4 January 2025 | 5 replies
When you go to sell, Montvale requires a certificate of occupancy so this issue has to be resolved in advance of a sale.Although I am not a lender, I assume you will not be approved for an owner-occupied mortgage on 5-units if it is a legal 4-unit without some type of mortgage fraud whether in reported rents, units, or another legal document or representation (very very large issue from a legal perspective with multiple arrests in the last year for anyone playing fast and loose).As far as the DCA, I would recommend coordinating your work with the city with the DCA.
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8 January 2025 | 15 replies
Use STR-specific insurance to protect both parties and automate operations with platforms like Airbnb, TurnoverBnB, and PriceLabs.Taxable income from the STR must be reported, but you can deduct related expenses like cleaning, utilities, and furnishings.
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2 January 2025 | 3 replies
View report*This link comes directly from our calculators, based on information input by the member who posted.I’m considering purchasing two investment condos to help pay for my children’s college tuition in 13 to 15 years.
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31 December 2024 | 2 replies
View report*This link comes directly from our calculators, based on information input by the member who posted.Hello All, Please help me analyze this BRRRR deal and figuring out what's missing here.What are the holding costs based on?
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30 December 2024 | 0 replies
According to an annual report from the National Association of Realtors (NAR), 26% of buyers were able to buy without a mortgage (see graph below):Imagine buying your next house in cash.
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2 January 2025 | 7 replies
From the reports I receive, the real estate investment market is poised to be very interesting.
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12 January 2025 | 20 replies
Figuring the seller was milking the property and doing minimal upkeep, the inspection team report has so far already helped me bring the seller down several 100K in asking price.