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5 April 2024 | 4 replies
I bet nobody else does.
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5 April 2024 | 2 replies
you should get a RMLO or an underwriter to qualify the borrower. if its owner occupied and in florida you also will need to use a third party servicing company to service the loan which will run you around $450/yr. not an accountant but its my understnding unfortunately the interest income is going to be taxed at ordinary income and the principal will reduce the principal. how you offset the losses talk to your CPA.your best bet honestly is to just sell it and bite the bullet.
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6 April 2024 | 2 replies
If everything is up to code, mortgage approval should be straightforward for potential buyers.
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6 April 2024 | 2 replies
With the lower tenants smoking downstairs, and the smell of their smoke wafting into the upstairs, we are concerned that smoke smell will turn some potential renters away.I know we need to honor the lease that the tenants were under before we bought the property.
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8 April 2024 | 51 replies
It's not rocket science. correct, exactly like i said, the zEstimate comps from comparable house in the same complex could be wider as 1 std deviation. but potential seller is also not accurate if they said their neighbour can sell for 1 mil and they expect the same while the house is only being able to be sold for $900k , for example.I do notice, the market where DOM is strongest, the zEstimate would be more accurate.If your DOM is above 50 then forget about to use it at all.
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6 April 2024 | 5 replies
You want to invest just to have a place to live and potentially offsetting your mortgage payment by renting out the vacated rooms or having x amount of cashflow in the future?
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7 April 2024 | 53 replies
I may be interested potentially interested Christian.
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5 April 2024 | 12 replies
This will help potential renters make informed decisions and avoid confusion.Professional staging: Consider staging your rental property to make it more appealing to potential renters.
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5 April 2024 | 7 replies
Before proceeding with the sale, it's essential to weigh these potential downsides against the benefits of a quick and straightforward transaction.
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4 April 2024 | 8 replies
I bet it came out amazing, and now that its almost summer you can focus on the outside!