Justin Sheley
Fund & Grow Financing
14 April 2024 | 885 replies
Balance transfers made within 120 days qualify for the intro rate and fee – Pending Of course I was not happy with the results at the time but after attempting to negotiate the cards that declined him were saying he had too many inquiries which was our fault bc before going with fund grow we tried to get 0% cc on our own without having to pay $3500 While going through this proces we found out that our religion which is Islam forbids the signing of contracts that involve interest rather up front future etc as the mere signing of the contract means u are agreeing to the interest see here if you’d like proof https://twitter.com/1MMeducation/status/953270714265632769https://abdurrahman.org/2015/11/27/can-i-use-the-credit-card-if-i-duly-pay-the-bills-without-paying-interest-riba/https://abdurrahman.org/2014/01/27/debitcards/Therefore we contacted our agents as I was just about to get started bc my seasoning period was just about over and explain we could no longer go forward with the process due to religious reasons we DID NOT ask for a refund bc it was no fault of theirs however after a day or two I woke to an email from the director explaining that they normally wouldn’t refund it but she extended a refund with small cancellation fee as we had only started the actual process within the 60 day cancel period that I didn’t even knowthey had needless to say we we’re ecstatic and super grateful as our whole business model was to use 0% intersert cards and refi through a shariah complaint mortgage company and pay the cards off before the interest hit our back up plan was to grasshop the balance to another 0% interst cc if the project went beyond the 0% period if we were not able to put a mortgagae on the house worst case we’d sell the house.
Luke Ezzo
Debating Proper Strategy for a Beginner
10 April 2024 | 16 replies
The most suitable approach will vary based on how much risk you are willing to take, your financial status, investing goals, and personal preferences.Good luck!
Don Solt
Tax Filing Advice for Family Member Living in a House (TurboTax filer)
8 April 2024 | 2 replies
From there, you can figure out if additional benefits can be achieved via real estate professional status or the short term rental loophole for instance.
Chris Strandburg
AirBNB/STR in Los Angeles/Playa Del Rey Possible?
10 April 2024 | 22 replies
Perhaps the only benefit for the STR is the active investment status since it can potentially offset W2 while the mid term or long term cannot.
Douglas Middleton
HELOC 1st Lien Position
8 April 2024 | 39 replies
Calls were across ALL instruments regardless of accrual status.
Elton Tate
Property Status Updates Delayed
4 April 2024 | 6 replies
Real Estate agents are not changing the status of the property when they accept an offer.
John Weiss
Indemnification Clause in PM Agreement
5 April 2024 | 43 replies
Owner shall pay, except as provided elsewhere in thisAgreement, all expenses incurred by the Agent, including, but not limited to, reasonable attorney’s fees and Agent’s costs andtime in connection with any claim, proceeding, or suit involving an alleged violation by the Agent or Owner, or both, of any lawpertaining to fair employment, fair credit reporting, environmental protection, rent control, taxes, or fair housing, including, butnot limited to, any law prohibiting, or making illegal, discrimination on the basis of race, sex, creed, color, religion, national origin,age, marital status, or mental or physical handicap, provided, however, that the Owner shall not be responsible to the Agent forany expenses in the event that Agent is finally adjudicated to have personally, and not in a representative capacity, violated anysuch law, unless such acts and or omissions are outside the course and scope of Agent’s duties hereunder.
Account Closed
DEBUNKED: "Managing your property manager" does NOT count towards REPS hours
6 April 2024 | 12 replies
Hey gang, One thing ive heard alot from folks lately about is how they are having their spouse qualify as real estate professional status, and getting the hours for it via having them "manage the property manager" and review financial statements (known as investor hours).
John McKee
The ups and downs of a single tenant NNN Lease property
6 April 2024 | 19 replies
Maybe a status meeting once a week.
Kenny Simpson
Mortgage rates in the 4's and 5's in 2023?
9 April 2024 | 64 replies
Deficits, China selling, demographics, the great unwinding of globalization, the loss of reserve currency status.