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25 June 2024 | 4 replies
I also have an LLC formed in Texas and am planning to transfer my SFR into the LLC for liability protection.Could anyone provide detailed guidance on the steps involved in this process?
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27 June 2024 | 3 replies
Has anyone had experience with a reverse mortgage short sale where there is an additional junior lien?
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26 June 2024 | 19 replies
I want to mention one additional thing that I think might guide in the future.
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27 June 2024 | 5 replies
is it standard practice to charge it from the tenant in addition to the rent?
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26 June 2024 | 38 replies
In addition, Utah has been ranked as the nation's #1 state economy for the last 4 or 5 years.
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27 June 2024 | 3 replies
I suggest advising the applicant that you can hold it 10 days rent from, start their lease after that and they can use the additional time to move in at a leisurely pace.
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27 June 2024 | 4 replies
There was an additional cost of 3k that we didn't expect because we didn't walk the attic, but that's to be expected for a sight unseen offer.
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25 June 2024 | 2 replies
Obviously there is a lot to discuss on this topic, but for a very quick glance, here are a few pro's and con's to consider when thinking about section 8 rentals:Pros:Guaranteed Rent Payments -> The government pays a significant portion (if not all) of the rent directly to the landlord, providing a reliable and steady income stream.High Demand -> There is often a high demand for Section 8 housing, reducing the risk of long vacancy periods.Cons:Inspection and Compliance -> The property must pass an initial inspection and comply with health and safety standards set by the local housing authority.
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27 June 2024 | 0 replies
Partnering with Jamie Munden provided valuable local insights, making this an attractive and strategic investment for Partner Driven.
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26 June 2024 | 6 replies
You do care what your interest rate is.You want the lowest interest rate possible.If the difference between 6% and 9% interest on $150,000 is $9,000 and $13,500, which is a difference of $4,500.The additional $4,500 may potentially only provide you a benefit of $1,500 as a reduction in tax / increase in tax refund.You are still on the hook for the remaining $3,000 difference.