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25 November 2024 | 10 replies
However, if managing a rental doesn’t appeal or if the market conditions favor selling, selling could fund a larger down payment on your next home and keep things simpler.
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7 December 2024 | 150 replies
Courts of equity or redemption rights, homestead exemptions or recourse, are they teach anything about lender and note holder liability ?
26 November 2024 | 3 replies
Lis pendens are not typical in trustee states because trustee states use the power of sale clause to foreclose, and don't use the courts.
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5 December 2024 | 34 replies
Panels may appeal to eco-conscious buyers and add resale value, but this varies by market.
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18 November 2024 | 47 replies
Real estate, by default, is passive and the primary way to avoid the passive loss rules is to qualify as a real estate professional.Full-time employees and non-real estate business owners cannot qualify as a real estate professional (aka REPS status) because one of the tests is to spend more time in real estate than anything else (and it’s unlikely that you can convince the IRS or Tax Court that you spent more time in RE than your day job).
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20 November 2024 | 8 replies
Once you have them served and file the papers with the court, the court will assign a First Tier Hearing - basically a mediation session where hopefully you are able to work out a move out date certain (with the tenant paying use and occupancy).
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21 November 2024 | 0 replies
Strategic $12,000 renovations included minor updates to the kitchen and bathrooms, enhancing the property’s appeal to potential buyers.
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20 November 2024 | 13 replies
At court make sure its said he didn't pay/paid late, you didn't renew and he is still there.
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20 November 2024 | 11 replies
This creates a natural flow for buyers, starting with curb appeal, showcasing the livable spaces, and ending with the layout and lot details.
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20 November 2024 | 6 replies
Unfortunately, Texas has a law prohibiting HELOCs on rental properties and I believe they also have a 70-75% max total loans allowed on the property which cuts into the equity I've built and would only allow for me to access 30K which would make it less appealing to go through the process for only 30K.