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27 March 2024 | 14 replies
Remember alot of Americans have a large amount on credit cards and they have seen thier rates go from 8-12% to 12%-19%.
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24 March 2024 | 0 replies
Amy Gotvald with New American Funding is an excellent lender that I cannot recommend enough!
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24 March 2024 | 5 replies
@Alex NgCapital one, visa, Mastercard and American Express have had success doing it.
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22 March 2024 | 2 replies
Yes, as long as it relates to the renting of the property in some fashion.
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23 March 2024 | 14 replies
I see the House passed the Tax Relief for American Families and Workers Act of 2024, meaning that bonus deprecation may get extended.
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22 March 2024 | 6 replies
Here are some favorites among real estate investors:"Set for Life: Dominate Life, Money, and the American Dream" by Scott Trench: While not solely focused on house hacking, this book offers practical advice on building wealth through real estate investing, including house hacking strategies."
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22 March 2024 | 4 replies
They undoubtedly overpaid for the homes which were bought by the least savy homebuyers who have now got into trouble/overleveraged and need to cash by selling a portion of their equity in the first place, thus NADA's positions will likely fall faster than the overall market as they have this intrinsic flaw of no price discovery in their methodology. so either NADA makes out like a bandit by fleecing stupid Americans (not a unique business model) or NADA bought overpriced homes near the PEAK, since they just started business in late 2021, and they will incinerate your investment better than Cathie Wood, I'm getting my popcorn ready to watch this %&*@show :)
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22 March 2024 | 4 replies
Lenders are still unfortunately tend to be very conservative on the rent-by-room (SRO) type arrangements still - its an area that really could use some better understanding out there but just be careful with expectations because a lot of the treatment of these properties (even if nothing like a old-fashioned "boarding house") can be tough
24 March 2024 | 25 replies
American homeowners could see a significant drop in the cost of selling their homes after a real estate trade group agreed to a landmark deal that will eliminate a bedrock of the industry, the 6 percent sales commission.The National Association of Realtors, a powerful organization that has set the guidelines for home sales for decades, has agreed to settle a series of lawsuits by paying $418 million in damages and by eliminating its rules on commissions.
21 March 2024 | 4 replies
Are you protecting your properties? Hmm, I didn't hear this on the news.It's a planned attack.https://www.dailymail.co.uk/news/article-13222453/moment-tik...A Tik Tok influencer is advising his followers on how to 'in...