John Korinke
Is this a good deal for funding first rental?
17 September 2018 | 5 replies
I believe you can only gift someone in the range of $14k?
David Bardwell
What's an appropriate gift for your agent?
26 July 2018 | 19 replies
Is a gift even appropriate?
David Casas
How to Determine Rental Price When No Comps in Area?
3 August 2018 | 15 replies
Any citations for violations I receive I gift to them, as per the lease.
Robert Davalos
BIRD DOGGING ADVICE
16 September 2018 | 5 replies
They can only receive a gift not to exceed a value over $50.
Brett Wagner
Making connections in East Texas
23 January 2019 | 65 replies
That makes it very liquid for doing down payments and closing costs.I learned that lenders do not like any money showing up in your accounts that do not have a paper trail... and making all this easy on the lender will help you get the loan done faster and easier, so no gifts from family or anyone within several month before you start looking to get a mortgage loan.
Elizabeth D.
What is considered 'reasonable notice' to show house with tenant?
28 July 2018 | 8 replies
proper notice to enter is usually defined by the state as 24 hours notice. some states require 48. that is your starting point. that being said, coming through with a high amount of showings can be considered as disrupting the tenants right to peaceful enjoyment of their home. if you plan on coming through with one or two, you should be ok (legally) to give tenant prior written notice and come in regardless of their objections. if you think it may take multiple showings, you are likely better off to work with the tenant to set up a block of time for an open house. in extreme situations, you can consider offering a gift card to a local restaurant or movie theater to get them out. the tricky part is striking a balance between what is legal, entering with proper notice, and what is fair and reasonable, since the tenant can purposely leave the house an extreme mess to make it harder to re-rent, badmouth you to potential renters, and may even try to refuse entry. how you approach will depend on your relationship with tenant.
Alexander George
I was given land near the Catskills, Upstate NY - Thoughts?
2 August 2018 | 4 replies
I am grateful to say I am being gifted some land upstate in the Liberty, NY area.
Blaid Butler
Probate, 60k equity, first time home buyer, tax mitigation
12 August 2018 | 6 replies
Be careful about partial gift/partial sale treatment if you’re buying it for such a good price.
Inemesit C.
Help w/ gift of equity
3 August 2018 | 1 reply
Is anyone familiar with a gift of equity?
Ashia W.
BRRRR without the B?
5 August 2018 | 5 replies
Can I get a hard money loan and qualify for re-financing to a traditional mortgage (BRRRR) if the property was gifted?