
1 August 2024 | 22 replies
Agent is also responsible to disclose to VA seller that they will lose a percentage of their eligibility and the loan might show on their credit after the fact.Servicer isn't set up with lots of staff processing so the buyer needs to turn in their whole financial history for the past two years in one email, don't trickle in papers they get lost.

7 August 2024 | 17 replies
They are feeling less certain about their job security, their 401k and IRAs are down, costs keep rising, etc.

4 August 2024 | 1 reply
When the lease is fulfilled, the security deposit will be returned to the LEASE SIGNERS, less any repair costs and unpaid charges.

2 August 2024 | 1 reply
I am going to manage some properties in Kauai next month and need to setup Trust Accounting at a local bank in Hawaii.
4 August 2024 | 2 replies
I realize there are better in investments, but we like Wildwood, NJ and would use it for 1 week during the summer and a weekend getaway during the off season.Current pricing appears to be $650-$850K for 3BR/2BA, 1,400 sq. ft. and ~$16K out of pocket costs ($5K yearly taxes, $10K condo fees covering wifi/cable, flood, sewer, trash, etc. and $600 for content insurance).

2 August 2024 | 7 replies
Potential ARV of 325k and rehab costs roughly 78k (these may be off slightly).

2 August 2024 | 7 replies
I use QBO for my portfolios as well (been investing since early 2019).As long as QBO is set up correctly by someone or a firm that understands what's needed for an REI business it works great (better than the REI-specific software in my opinion).I'm happy to discuss in more detail if you'd like.Here to help!
5 August 2024 | 11 replies
Cash for keys, while unpleasant from a moral standpoint, is often the better choice from a cost benefit analysis standpoint.

4 August 2024 | 30 replies
I believe that the cost of every legal hoop you make the Trustee jump through to complete the foreclosure will be added into the amount owed and will reduce any possible overage from the sale of the property.In addition, unless there is a fatal defect in the deed of trust, the sale is going to go through and a request for a TRO (which I doubt would be granted) or filing Bk (which I'm not sure would stop the sale since you're not the borrower, have no liability for the debt, your interest arose after the foreclosure began and you had knowledge of the 1st DOT's foreclosure) will not stop it.
4 August 2024 | 7 replies
Your taxable gain / loss will be sales price less cost to sell less your adjusted basis.