
17 April 2024 | 5 replies
If you have a specific property in mind, feel free to reach out and we can discuss further.

17 April 2024 | 16 replies
This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Be sure to tell your accountant that you may now need to file non-resident income tax returns in each state where you own property as well.

14 April 2024 | 3 replies
As a landlord, do I charge ACH return fee and late fee or just ACH return fee?

17 April 2024 | 5 replies
Property: HereComp: Here (Sold on 8/1/2022 same street)84 Grangerford Hts, West Henrietta, NY 14586Listed : 100kHML at 80% of ARV (240k) = 192kInterest only payments (10% interest)(192k x .10) /12 = $1,600/monthPoints = 2 (192k x .02) = $3,840Loan origination fee's = $1,000Additional monthly holding costs:- Taxes (5k/12) = $416- Insurance = $60- RGE = $120Total monthly = $596Duration of rehab = 6 monthsInterest only ($1,600 x 6) = $9,600Points = $3,840Origination = $1,000Holding costs ($596 x 6) = $3,576Total Holding costs = $18,016Loan amount of 192k:Subtract:- Purchase price = 100k- Closing costs (4%) = $4,000- Rehab = $50,000Totaling = $154,000Remaining balance on loan= $38,000Sale at $240,000:(-) (Realtor fee's (6%), closing costs (4%)) = $24,000(+) $38,000 Remaining from HML(-) Holding costs ($192,000 + $18,016) = $210,016Profit ($240,000 + $24,000 + $38,000 - $210,016) = $43,984 - (capital gains at 22% completely estimated) = $34,308Buy and hold:Appraised at $240,000.

17 April 2024 | 35 replies
Evolve won't allow you to charge an extra fee for extra guests.

18 April 2024 | 27 replies
Last thing I would suggest is if you decide to go solar I recommend paying cash to save money on all the loan fees.

17 April 2024 | 5 replies
This is not intended to be a discussion about the options for investment, rather how to conduct real estate settlements in non fiat currency.It is (or should be) evident by now that the status of the USD as the world's reserve currency (or at least our exorbitant privilege) will continue to be marginalized in the coming years (and decades) and that investors are factoring in elevated risks of currency inflation and debasement into and onto their portfolios.

17 April 2024 | 17 replies
You can structure it without a PPP or a reduced PPP but it will result in a higher rate or higher fees.