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24 June 2024 | 7 replies
Was your tenant offered a preliminary inspection during the two weeks prior move-out as required by law?
21 June 2024 | 10 replies
This typically provides more comprehensive coverage for rental properties.Entity structure:Creating an LLC to hold the property can offer liability protection and potential tax benefits.
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25 June 2024 | 19 replies
Secured debt can offer some better protection in this event of a BK compared to unsecured debt.
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25 June 2024 | 39 replies
Of course the usual explanation (excuse) offered for this is something to the effect of how much people like to entertain and need an open floor plan to do so.
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23 June 2024 | 12 replies
All the other banks I spoke to, like TD Bank, HSBC, and Signature FCU, have limitations, such as you can't have more than 4 mortgages in your name, or they can only use 3 properties to offset DTI.Better.com offers a rate of 9.5-11% (depending on loan amount, credit score, etc.), and it also requires the property to be in my name (not in an LLC).Does anyone know of a bank that will do HELOC on rentals in NC that do not require the property to be in the owner's name and/or is not limited by how many mortgages you already have on other rentals?
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20 June 2024 | 9 replies
Consider markets like King's Mountain and Jacksonville, which offer the potential for appreciation and rental demand.
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21 June 2024 | 21 replies
.- Partner with Other Investors: Bringing in partners can help you pool resources and reduce individual risk.
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24 June 2024 | 8 replies
A monthly survey conducted by the University of Michigan that measures consumer sentiment and inflation expectations has affected yields and offered a data point for predicting Federal Reserve actions.Purchasing Managers Index (PMI)Another factor starting to gain steam in terms of affecting mortgage rates are various regional Purchasing Managers Index reports, which offer a glimpse into the health of the economy.
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22 June 2024 | 2 replies
Make a reasonable offer on the spot.
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20 June 2024 | 10 replies
@Kyle O'DonnellUsually larger franchise brokerages will charge all agents the same fees and splits while giving agents access to the same tools trainings and resources.