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15 May 2024 | 7 replies
I thought Antoine and Angelica from his team were helpful and I loved how the property already came with a tenant so I didn't have to pay the prop. manager one month's rent fee!
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16 May 2024 | 8 replies
When the prospective tenant demanded a refund from TurboTenant, TurboTenant sent us an email saying if we didn't start paying a monthly fee in order to use our own application, they would terminate our account in 5 days.
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16 May 2024 | 10 replies
what are the fees / costs associated with the 1st mtg refinance ?
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16 May 2024 | 6 replies
Maybe I could alter my proposal so that they never actually have to put up the cash, but instead just earn a fee for reselling for me.With the put option, I am essentially acting more like a bank for them and freeing up capital that they now have tied up in these loans.
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16 May 2024 | 1 reply
I know I could go through a Lawyer that does some local title companies docs and when I called I was told its about 500 plus the title search fee if I wanted one.
14 May 2024 | 3 replies
@Jovani E.When you say it cash-flows $216 per month - that is after what deductions?
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16 May 2024 | 22 replies
Has anyone filed taxes yet as a W-2 employee who owns only STR, rents for on average less than 7 days per rental (STR), and materially participates (usually requires 100 hours or more in a year and more than anyone else)I’ve heard there are amazing tax benefits if you fall under all of the categories.
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16 May 2024 | 0 replies
I am a realtor myself so I can save on fees but my assumption is if I sell I end up somewhere with $200k that I would then need to pay capital gains taxes on.
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15 May 2024 | 5 replies
$150/month is nothing… and given your closing costs of say $16,000 if you sell, it would take 8+ years to recover that $16,000 at $150 per month.
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16 May 2024 | 10 replies
According to the Fair Housing Act and the Americans with Disabilities Act:Even if a landlord has a no pet policy in place, the law does not consider service animals as pets and therefore the service animal is exempt from such a restriction.Service animals are allowed anywhere a person would go, including food areas that would normally restrict an animal’s presence.Landlords cannot charge a pet deposit or pet fee for service animals, however the tenant is liable for any damage that the service animal may cause.Landlords can require written verification from the tenant’s health care provider that they are disabled but cannot ask for any specifics about the disability.Landlords can require written verification from the tenant’s health care provider that the service animal is needed.Landlords can request copies of the animal’s health records to prove the animal is in good health, parasite-free and immunized/vaccinated.Landlords can write warnings or even evict a tenant with a service animal if the animal is disturbing others, posing a threat to others or causing considerable damage to the property.In other words, you can ask for appropriate paperwork concerning the tenant’s need for the service animal and to verify the animal’s health.