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20 January 2025 | 1 reply
The only time we need additional information is if they are denied.Once accepted, we tell them exactly what we need from them to move in.
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18 February 2025 | 33 replies
It looks like there's an additional day of interest in their calculation which checks out just fine.
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29 January 2025 | 10 replies
Additionally, the boots on the ground partner has to be extremely trustworthy.
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23 January 2025 | 4 replies
Additionally, we have equity of approximately $145,000.Now, we are faced with a dilemma: should we sell our current property and purchase in a more favorable neighborhood, or should we rent the house and let it pay for itself.We would greatly appreciate any advice you may have.
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23 January 2025 | 8 replies
However what happens when the tenant vacates and now the unit has to be turned over/takes a few months to find a new tenant and during that same period of time the sewer line goes and you get hit with that $15,000 cap ex expense in addition to the vacancy and turn over costs.
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22 January 2025 | 5 replies
From a tax standpoint, there are additional disclosures to make when selling a business asset for less than fair market value to a related third party.
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5 February 2025 | 205 replies
Quote from @Don Miller: The following is not to express any level of happiness or unhappiness with the build:Received change orders totaling $14,970 for 18 additional loads of fill dirt over allotted amount in contract (fill dirt arrived in December 2022), 7 loads of septic sand over allotted amount, and rock excavation at the septic site.I deal with all of those issues on new builds.
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29 January 2025 | 23 replies
Prices a few years ago were based on expectations of (in addition to interest rates staying low): - Then current operating cost assumptions (like insurance cost expectations being flat)- A seeming disregard for record levels of new inventory / supply hitting the market- Extremely high inbound migration expectations which are likely to not be met, due to both natural disasters and the boomerang effect when people from California or the Northeast move to the American South and hate every minute of the humidity, the large and relentless swarm of insects, and the occasional hurricane.
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22 January 2025 | 2 replies
Additionally, lenders may require a release price (a specific amount to pay down the loan) for each property sold, which can complicate the strategy.It’s worth discussing these details with a trusted lender or mortgage broker to ensure the plan aligns with the loan’s terms.
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17 January 2025 | 11 replies
Additionally, are there any other factors I should be considering when purchasing a duplex or triplex?