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5 June 2024 | 1 reply
I'm currently being sued over $300 that I witheld from a security deposit return.
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6 June 2024 | 23 replies
Additionally this hard money lender is at 75% loan to value are there any lenders offering 80%?
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7 June 2024 | 5 replies
I did a 7.5% down conventional loan.
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6 June 2024 | 4 replies
For the first four properties that I purchased, the loan officers sent me "initial disclosures" which clearly stated the interest rate expected closing, expected monthly payment etc.
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9 June 2024 | 40 replies
Obviously I’d suggest putting security measures in place like buying under an LLC.
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4 June 2024 | 5 replies
Who is giving out killer rates right now on jumbo loans?
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5 June 2024 | 3 replies
Things I've got down to minimal effort or fully automated: * Rent, security deposit, and fee collection* Basic accounting and tax packet creation* Listing vacancies* Lease signing* Applications, credit, and background checksThings I'm still dealing with directly ad-hoc or don't have a well defined process or solution in place for:* Requests and communication with tenants* Finding and coordinating service providers for maintenance and repair work* Scheduling showings and getting prospective tenants to make their appointments* Tenant turnover for move in and out* Keeping up with legal changes and lease template updates* Setting rent amounts* Lease enforcement - tenants are responsible for things like yardwork, routinely get letters from the city about weeds / tall grass, etc.Questions for the group:* What am I missing if I were to make out a checklist of an "automated property"?
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6 June 2024 | 6 replies
I was not aware of the 203k loan.
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4 June 2024 | 221 replies
@Alfonso MontejanoThe premium into the policy is not tax write off.The interests to the build-in policy loan are not tax write off.Interest for a bank loan secured by the cash value could be a tax write off in certain conditions.
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5 June 2024 | 0 replies
and we were able to secure the property for under asking.