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6 January 2025 | 9 replies
Not much to add to the good advice already written, exceptYour mom could easily get a reverse mortgage to pay for her care, then you and your brothers could split the equity left upon sale.
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7 January 2025 | 16 replies
If there's six months left on the lease, there's six months left on the lease.
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19 January 2025 | 46 replies
All the youth have left, maybe the elders are still there or they are deceased and the children don't want the property.
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11 January 2025 | 12 replies
Finally, define your long-term investment strategy, whether you’re aiming for cash flow, appreciation, or a combination, so that each decision aligns with your bigger goals.
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6 January 2025 | 4 replies
I looked at discord....just left me confused.
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6 January 2025 | 5 replies
Here are some of its vitals:- Zestimate: $345K (I know this is typically 10% or so high)- Last Sold: 8/2021 for $281K- Roughly 1400 sqft- Some cosmetic work needed- $25K left on solar loan- The home was build in 2004 and it looks like it has the original AC unit, so I am assuming that needs to be replaced too. - 2 story house with very small rooms and and 2 steps down, imminently as you enter the front door.- Gated community and in a reasonable HOA. - The home is 2 payments behind and already got a letter from the lender about future foreclose.
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7 January 2025 | 2 replies
I'm also intrigued by the Shovler.com app, but I fear being left hanging in the event of a big snowfall.
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18 January 2025 | 10 replies
Year 3 and Long-Term ROI: $3,102 Principal Paydown year 3 (this will keep increasing each year as you pay off your mortgage $21,600 Property Appreciation (assuming 8% per year) $2,568 Yearly Cash Flow (this will increase as rents rise)Total Gain Year3: $ $27,270 giving you 113.55% ROI on your $ $24,015 left in the deal.
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31 December 2024 | 3 replies
Keep detailed records of payment dates and amounts and consult a tax professional to ensure this strategy aligns with your overall tax planning.
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9 January 2025 | 9 replies
I already have money left in the property and hesitant on sinking anymore in. .If there isn't much equity, and there is so much to fix to make it livable, why not do a "deed in lieu" with your lender and move on with life?