Nithin Kumar
Suggestion for Rental Properties around Phoenix, AZ
28 December 2024 | 10 replies
Things to consider when buying a new build are appliances, fans, blinds, and back yard landscaping; sometimes we can get appliances included, it just depends on the situation.
Robert Bell
Blue Oval City's Delay May Open New Opportunities
26 December 2024 | 3 replies
Areas close to BlueOval City will likely see an increase in housing development, including single-family homes, apartments, and short-term rental properties for contractors and temporary workers.
Jenna Schulze
Best city to begin investing
8 January 2025 | 34 replies
This should include potential rental income, expenses (including property taxes, insurance, maintenance, and potential vacancy), and your expected return on investment.
Jeffery Jones
Section 8 properties
8 January 2025 | 11 replies
There are kinds of guru's who will help you buy section 8 properties in a turnkey package including the rehab the property will need to get it rented.
Joe Au
Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
I even included that in my "Debt Strategies" presentation that I give at local events.
James Wise
Failed Leadership is why California is on fire.
19 January 2025 | 138 replies
Nearly every house I can see from here burned to the ground in 2017, including the house that was on this very lot and almost every house on this street. 5,300 in total.
Sergio P Ramos
Would you purposely burn down a property? Crazy? Or not possible?
27 December 2024 | 21 replies
There is a cost to prepping the home for burning which includes removal of all hazards and permits.
William Stewart
Liability Insurance for room rental
30 December 2024 | 11 replies
Our program offers a range of coverage levels, including basic or special form coverage and actual cash value (ACV) or replacement cost (RC) loss settlement methods.
Matt Wan
Getting a mortgage as a non-resident US citizen
23 December 2024 | 15 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).
Michael Plaks
DEBUNKED: EOY tax planning "tips and loopholes"
23 December 2024 | 12 replies
It's a good little loophole for a short-term rental of your home, including renting it to your own separate business.