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15 February 2025 | 3 replies
I’m looking for insights on how to put together a deal with the following details:Asking Price: $260KMarket Value: ~ $265KProperty Details: 3 bed / 2 bath / 1,400 sq. ft.Days on Market: ~100Loan Type: VA Loan (Attempting a VA Loan Assumption)Mortgage Balance: $200KThe ChallengeThe seller is behind on mortgage payments, and while I don’t have an exact amount, the agent mentioned it’s over $20K.
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15 February 2025 | 6 replies
You cannot choose a section 8 tenant over a market rate tenant.
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19 February 2025 | 10 replies
As a co-host for short term rentals, you may not need a license as long as you're not crossing over into activities that could be considered brokerage activities like handling any contracts, collecting rents, doing any accounting, approving tenants, etc.
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22 February 2025 | 11 replies
I received a quote in Southern California, but it requires year-round accounting at over $6,000 per year.Would a general tax professional be sufficient, or would I risk missing out on significant savings?
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22 February 2025 | 25 replies
For Medium-term rentals, I just use a regular long-term rental policy since it's over 30 days.
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12 February 2025 | 13 replies
luxury cabin, 3100', 4/3/1, nice finishes including spa and sauna, in high fire risk area with total property value ~$500k with CA FAIR was just over $5K fire only.
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27 January 2025 | 9 replies
That limit has bounced all over the place for the last 50 years and is subject to congress' whims.
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30 January 2025 | 6 replies
I figured this could possibly put me in a good position for a cash-out refinance when I’m ready to move on to a second property.If I stick within my budget, Philadelphia seems to offer the most housing availability, but I’m concerned about most houses available being in rougher neighborhoods.
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19 February 2025 | 11 replies
.### The House Hack I Wish I Had TriedIf I could do it all over again, I would have started with house hacking.
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25 February 2025 | 2 replies
I’ve done over 450 off-market deals since 2017, and I’m here to show you why these types of deals are the key to your success too.In this post, I’ll explain what off-market properties are, why they’re more profitable, and how you can start finding these deals to grow your real estate portfolio.