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19 February 2025 | 8 replies
So, basically you are using the $500k in crypto to secure what would normally be your 20-25% down payment in a normal financed deal.
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25 February 2025 | 4 replies
No idea about Texas, but I normally pay one of the brokers in my firm 50 bucks to do the open house.
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21 February 2025 | 5 replies
Cash buyers normally relieve you of headaches and distress, vs maximizing your profits.
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25 February 2025 | 1 reply
.)✅ Return all keys, garage remotes, and access cards✅ Provide a forwarding address for the security deposit refundLandlord/Property Manager Responsibilities✅ Conduct a pre-move-out inspection (optional)✅ Take photos/videos of the property’s condition✅ Verify all keys, garage remotes, and access cards are returned✅ Check for unpaid rent, utilities, or damages beyond normal wear and tear✅ Hire a cleaning service (if needed)✅ Complete repairs and maintenance (paint, flooring, appliances, HVAC, plumbing)✅ Change locks if required by state law or property policy✅ Test smoke detectors and carbon monoxide alarms✅ Review lease terms for security deposit deductions✅ Send tenant security deposit refund (minus any deductions) within the legal timeframe
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16 February 2025 | 7 replies
Now, I'm imaging a scenario when every one of these tenants move out that I'll be paying their entire security deposit + interest even if there are damages beyond normal wear and tear.
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11 February 2025 | 3 replies
They're very different thankfully so it feels like there's always at least one who's acting like a normal human being...A defeasance is something that happens on commercial properties when a securitized loan (like a CMBS [commercial mortgage-backed security] or agency loan) needs to be paid off early, either when you're refinancing or selling your property that has a loan on it.
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11 February 2025 | 8 replies
Otherwise the hold up of the sale and going back-and-forth we wanted to avoid.Because it’s now on the closing statement, are these a deductible repair expense like it would have been had it been before closing that would normally just be under schedule E as a repair expense.Cheers.Since the seller credit is now part of the closing statement, it’s generally treated as an adjustment to the purchase price rather than a direct repair expense.
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17 February 2025 | 3 replies
Normally you are responsible for the portion of the year you own the house, and the previous owner is responsible for the time they owned it.
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20 February 2025 | 2 replies
I have 2 other monthly loan payments I would like to pay off or lump in with my refinance as I believe with the forced appreciation and normal appreciation I will be able to pay off most my HELOC (5.99%) and all of my Credit Card that is currently at a 0% APR until end of May.
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17 February 2025 | 7 replies
For example, before he switches a policy from short term rental to long term rental he wants pictures.Is it normal?