Néstor Orlando Pimentel Solorio
Advise on potential opportunity
24 October 2024 | 10 replies
These lenders will assess your situation and provide you with the best solution, they're all local as well.
Sam Chan
Investment property refinance
24 October 2024 | 20 replies
Why do I have to wait if I am only doing a rate and term refinancing.You typically need to wait six months before refinancing an investment property, even for a rate and term refinance, because lenders want to see a consistent payment history and assess the property's value over time.
Joseph Fenner
How do I buy 10 rental properties in 1 year?
30 October 2024 | 94 replies
I would throw away the goals and start by assessing YOURSELF and determine what skills and effort you will bring to real estate investing and THEN decide on an investment strategy that suits you.
Ross Kane
LLC piercing corporate veil
21 October 2024 | 13 replies
A condo HOA can decide they want to replace all the roofs, but if the bank account is low, hit you with a $5,000 special assessment.
Malik Javed
How to Allocate Land vs. Building Values for Investment Property
17 October 2024 | 4 replies
To do this, divide the cost based on the ratio of the fair market value (FMV) of each asset to the total FMV of the entire property at the time of purchase.If you are uncertain about the FMVs of the land and the buildings, you can alternatively allocate the cost based on their assessed values for property tax purposes.Source: IRS Publication 527 (Residential Rental Property)
Ankur Jain
Pool or Views for vacation rentals
22 October 2024 | 5 replies
This will allow you to run specific underwriting and projection tools to better assess each option.Remember, owning a property with a pool comes with added expenses, such as heating, emergency and routine maintenance, and higher insurance costs.
Julio Gonzalez
How AI is Impacting Real Estate Investors
22 October 2024 | 7 replies
This will assist investors in making informed decisions and to potentially identify lucrative investment opportunities.More Accurate Property Valuations: Property values are assessed more accurately when utilizing AI tools as they are able to take into account multiple factors including market conditions, location and the features of a property.
Mindy Nicol
Listed my STR. Overwhelmed with financial requests
25 October 2024 | 26 replies
I agree with posters above--requesting something from them first is a great way to assess actual interest.
Jonathan B.
HOA Foreclosure with reverse Mortgage
21 October 2024 | 5 replies
the house has a bunch of equity, being worth about 750k when fixed up.I know that on a standard convenetional mortagage foreclosure, there usually additional fees such as unpaid interest, attorney fees etc, apart of the princiapl balance.Is there a way to conservatively assess what will be the actuall "Pay-off" on the 1st?
Rita Samaddar
Review of Open Spaces Women Portfolio Program - 3 mnth Cohort Prg
27 October 2024 | 25 replies
The feedback here is to assess if this Open spaces program is worth the $8000 investment.