
25 February 2020 | 14 replies
The CAP rate affects value not income.

25 February 2020 | 3 replies
Rinse and repeat after 1-2 years.

25 February 2020 | 3 replies
Local governments could only regulate the rentals in the same way as other properties in neighborhoods, a restriction that cities and counties oppose.The House Commerce Committee on Thursday approved the proposal (HB 1011), with Democrats objecting that decisions about vacation rentals – which have sparked backlash from some homeowners who complain about raucous parties, parking issues and a steady stream of strangers in neighborhoods – are best left up to local officials.Despite the objections of local government officials, House and Senate leaders brought together a host of affected parties, including Realtors®, hotel operators and advertising platforms, to strike a deal that has eluded the Legislature for years.
25 February 2020 | 8 replies
She doubled down asserting that I'm disrespectful for waking her up with my alarm repeatedly and demanding a roommate meeting.

24 February 2020 | 6 replies
You need to have a frank discussion with her about how an eviction will affect her ability to obtain a nice home in the future will moving on her own will not.

27 February 2020 | 16 replies
I'll have to ask my accountant or the lawyer who set up the trust how that affects the taxes.

26 February 2020 | 11 replies
Plus, it's way cheaper to market and help the same borrower repeatedly than it is to constantly have to find new people.You should make sure that the people you work with will provide you with the same thing but as safely as possible.

25 February 2020 | 2 replies
I can take the profits from here and repeat this trade again and again.

24 February 2020 | 3 replies
If you have any questions, post them here and tag me.Quick Example:Purchase: $125kRepairs: $20kARV: $200kPoints: 3Interest: 13%Fees: $1,030Total Cash to Close: $5,380Monthly Interest only Pmts: $1,585Total Financing Costs (3 months): $5,380+$1,585+$1,585+$1,585=$10,135Cashout Refi at 75% of ARV = $150k$145k (Borrowed Amt) + $10,135 (Points + 3 months Interest) +$2,100 (Est Title Closing Costs) + $2,900 (Est Utilities + Prop Tax) = $160,135 Total Investment - $150k Cashout Refi = $10,135 Total Cash Invested in PropertyIf you are use the Buy Rehab Rent Refi Repeat method that is promoted on this site you can buy rental properties for just $10,135 for a property worth $200k (or roughly 5% down with no PMI).

24 February 2020 | 3 replies
The only reason to stray from this would be if significant improvements are made to the property that affect the actual value.