
17 April 2024 | 10 replies
The last rate hike request got denied by the insurance commissioner and there will be a hearing sometime this summer I believe (I’m sure a rate hike will follow but not the one the insurance companies asked for) weather events certainly can impact but typically it is just a quick in and out hurricane and of course, hope for minimal damage to property.

17 April 2024 | 14 replies
Apparently there were two sisters that sold it to him and only one signed but she had a letter stating she was power of attorney for the other sister but apparently that doesn’t hold up (I don’t know why) and Yes I didn’t do a title search when I brought the property from my father 🤦🏽♀️. so for the pass 15 to 20 years ( I think) this womans name has been on the tittle At this point idk what to do I have looked for her called siblings turn in paperwork stating her sibling was power of attorney and nothing has budge I own my house free and clear and it could help jump start my real estate career.. please if you have advice I would appreciate it P.S ALL ADVICE RECEIVED TO ME WILL NOT BE LEGAL ADVICE BUT MERELY SUGGESTIONS OF THAT PERSONS EXPERIENCE.

16 April 2024 | 10 replies
My tenant, who received the company check, addressed to our company, was able to cash/deposit it at their big name bank.

16 April 2024 | 8 replies
You’ll receive notifications when there is conversation in the forums you follow or if a user mentions those keywords—so keep them updated often!

17 April 2024 | 3 replies
Bridge debt is used to “bridge” a property from its current state to an improved state and by virtue of that purpose, the maturities on these loans are short, typically 3 years with two possible one-year extensions (if the covenants are being met).The reason this distinction is important is that if rates rise, property values tend to fall.

18 April 2024 | 87 replies
With the returns you currently receive?

16 April 2024 | 20 replies
I have 12-doors there and am very active in the market outside my own stuff.We're typically doing cash BRRRR's in the $75k-$95k range right now.

16 April 2024 | 2 replies
An S-corp is a great way to save on taxes, but only at certain income levels as you have to weigh the new administrative costs against the tax benefit you receive.

18 April 2024 | 54 replies
Typically 1%.

14 April 2024 | 5 replies
A reverse mortgage can be paid off, but the parents may have trouble obtaining financing as typically a reverse mortgage is received when borrowers have trouble making monthly payments and have little income but lots of equity.