Noah Fierro
Looking for Market Research Sources
11 October 2024 | 4 replies
For more in-depth economic and housing data, the National Association of Realtors (NAR) and U.S.
David A.
Are we biting off more than we can chew for out first BRRRR? Any tips?
16 October 2024 | 10 replies
. $70k is quite a lot where things could go bad imo.But to comment on the other thing:> on the first - maybe. it does seem like you have good experience. but your numbers on it as a BRRRR are overly optimistic. you'll have to pay points at closing for the loan; you'll have holding costs while you rehab; it's difficult to get an 80% refinance; and refinances aren't free either. so you've left tens of thousands of dollars in costs out.So, we have already talked with the hard-money/bridge lender about all associated fees (1.5% origination, $2500 closing), they are included above.
Luke Stewart
Downtown Chicago Midterm Rentals
11 October 2024 | 41 replies
However, both associations have a 30-day minimum for all lease agreements.Unfortunately, the bad news is that there really aren't any other buildings that I know of where the association allows short-term leases.
Mark Dutton
I hate having mortgages
18 October 2024 | 34 replies
I use this to illustrate or emphasize that leverage and associated risk is often times more tied to the collateral than your personal income/liquidity.
Sarah West
Security Deposit Deductions
11 October 2024 | 2 replies
If the tenant was in the rental more than one year the painting is generally considered normal wear and tear.I would also review state and local laws as well as any home owner association rules that apply.
Sanil Subhash Chandra Bose
Simple Guide to Conducting a Title Search: DIY Before Hiring a Title Company
11 October 2024 | 7 replies
Objective: To find the relevant county and Parcel Number (Parcel ID) associated with the property.2.
Rebecca Morris
Extremely new at all of this
14 October 2024 | 14 replies
Look at property values, trends, and neighborhoods to identify opportunities.5) Create a Budget: Determine how much you can invest, considering all associated costs like down payments, closing costs, and maintenance.6) Build a Network: Connect with real estate agents, investors, lenders, and other professionals.
Gino Barbaro
Is anyone using VAs for their Property or Asset Management ?
10 October 2024 | 8 replies
-based, Associate Digital Bookkeeper certified, QuickBooks Online Pro Advisor certified, & Bookkeeping for Real Estate Investors certified.
Yuxeng Yang
Short term rental in Wisconsin Dells/ Baraboo
10 October 2024 | 4 replies
He's a little distance away but consider reaching out Chris Mokler of Mokler & Associates of Keller Williams.
Account Closed
Here's How to Calculate Rental Income For Child Support
10 October 2024 | 0 replies
These factors may include:Rental incomeBusiness incomeWork bonusesPensionsInvestmentsOne thing to note is that many states allow for deductions from gross income for things like:Property taxesUnion duesAside from monetary obligations, some states also factor in the following:How much time the child spends with each parentCosts associated with health insuranceThe age of the childChildcare costsHow To Calculate Rental Income For Child SupportIf you’re wondering how to calculate total rental income for child support purposes, the payments are based on several factors, but in a nutshell, here are the top three steps that should take place.Determine gross incomeFirst, how much cash is the rental property bringing in?