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18 May 2022 | 28 replies
With her fulfilling her commitment to keep the house rented, we kept ours, and quit claimed our ownership portion in the house over to our daughter prior to sale.So, how did the numbers look during ownership?
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28 August 2018 | 4 replies
The Federal Housing Finance Agency (FHFA) today announced that Fannie Mae and Freddie Mac (the Enterprises) will conclude their single-family rental pilot programs and then terminate their participation in the single-family rental market except through their previously existing investor programs – Fannie Mae’s Multiple Financed Properties and Freddie Mac’s Investment Property Mortgages.Not trying to discredit anything, but this was a 2 year pilot program.... seems like plenty were able to do ok prior to that, wouldn't it be likely they could continue after as well?
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30 August 2018 | 6 replies
There are consumer protection laws in place which says they do have to release this information to a Trustee or the heirs, but they will play dumb so they can rack up the late charges prior to giving you the payoff amounts.
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6 September 2018 | 4 replies
The comp is a flipped 3/1.5 on the same street that sold for $199k roughly 4 months prior.
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30 August 2018 | 2 replies
With that said you can keep the amount you make private if the seller pre-signs all of the selling paperwork and hands over the title to you prior to closing.
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24 September 2018 | 38 replies
Also, you know if the Navy has a fund for prior student debts that have already been incurred?
5 September 2018 | 4 replies
The association's policy does not cover flooding.In the lease, tenants acknowledged they are strongly encouraged to hold renters insurance that covers flood damage.The property itself would not sustain much damage even if it had 5 feet of flooding - $300 damage tops.However, I am concerned about the surrounding area making it unsafe for the tenants to travel into the unit.
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31 August 2018 | 6 replies
@Rudy T.There are several considerations that can go into the analysis of whether you need an LLC or whether a large insurance policy will suffice.
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7 April 2019 | 11 replies
I agree with @Mike Dorneman & @Matthew Paul I also do the prescreen telephone interview and only setup a showing when they meet the prescreen criteria of adequate income, no prior evictions, referrals, no smokers and no pets (in my case).
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30 August 2018 | 5 replies
I received a notice from IRS regarding tax year 2016, they are asking for over $30K adjustment. Anyone have a CPA or professional they have used to challenge this type of action? Thanks.