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10 March 2024 | 14 replies
Typically, getting into the 5-unit range can get overwhelming for people and take up too much of their time.A good real estate focused bookkeeper will save you a lot of time and headaches... especially during tax prep.
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9 March 2024 | 6 replies
Me and my wife have saved up and then unexpectedly received just over $200,000 selling a small business we stared a couple of years ago.
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9 March 2024 | 14 replies
I paid them as instructed and they agree to return money and I trusted them based on their website, it seems professional.Once they received 3% ($1230 USD) payment by wise, they demanded 20% of the money as collateral mortgage since I did not have the property title.
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8 March 2024 | 17 replies
Your risk will typically be your earnest money and your reputation if you start signing contracts you fail to sell or perform on yourself.
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9 March 2024 | 5 replies
Non-QM loans are designed to accommodate borrowers with non-traditional income sources or those who may not meet the typical requirements of conventional mortgages.Here are some steps you can take to find a lender who might be a good fit for your needs:Mortgage BrokersLocal Banks and Credit UnionsReal Estate Investment GroupsOnline Mortgage PlatformsProfessional NetworkReal Estate Networking EventsWhen communicating with potential lenders, be transparent about your self-employed status, income, and financial situation.
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9 March 2024 | 4 replies
Most of the time it is qualified by income, typically you need to make 80% or less of the area median income of where you currently live.
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9 March 2024 | 2 replies
Make sure you understand your rights and responsibilities under both agreements.Collect rent and communicate with the PHA: The Section 8 program typically pays its portion of the rent directly to the landlord via direct deposit or mail.
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9 March 2024 | 11 replies
We manage 320 units currently, and to date, I have received zero dollars back from tenants we have sent to collections.
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9 March 2024 | 2 replies
While this is great for the environment, typically homebuyers will not want to pay for that increase.
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9 March 2024 | 1 reply
What do you typically charge an investor for a property?