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3 August 2024 | 11 replies
Eventually, I’d like to get into long-term rentals (out of state) and short-term rentals (both in and out of state).Besides real estate, I’m really into outdoor activities like surfing, mountain biking, kitesurfing, snowboarding, skateboarding, and rock climbing.
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6 August 2024 | 2 replies
Also file a complaint with the CFPB Submit a complaint | Consumer Financial Protection Bureau (consumerfinance.gov)Regarding do you have any legal action - you can prove you do not owe it but you will not get any compensation - courts have ruled long ago the only recourse you have is actual money you lost - there is no "pain and suffering" if a statement is incorrect and you have to fight with them on it.
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5 August 2024 | 13 replies
Others employ a BRRRR method or do wholesale deals/flips to have cash to invest long term.
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3 August 2024 | 2 replies
I think this would be more of a long-term hold for cashflow purposes, however it seems minimal to start, and I feel there is likely little to no appreciation with this property.
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7 August 2024 | 15 replies
I am not sorry that I did it however, the interest rate was like 28% and I don't want to be carrying that around for long.
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2 August 2024 | 1 reply
Hi everyone,I’m reaching out to see if anyone has experience dealing with local regulations that seem to overstep property ownership rights. Lately, I’ve been encountering some challenges with municipalities imposing ...
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6 August 2024 | 9 replies
Regarding payment terms, the seller wants 10% at the reservation of asset (this month), 10% in a couple of month, and the balance at the signing of the deed of sale in December.
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5 August 2024 | 21 replies
You can explain that any changes to the lease must be carefully considered, as you want to maintain the original terms that protect your interests.If you decide to allow the change, you could draft an addendum stating that each tenant is responsible for their own rent.
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4 August 2024 | 13 replies
Quote from @AJ Wong: I've been a mortgage broker twice as long as I've been a surfer but I think the professional experience might truly be about to pay off!
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5 August 2024 | 2 replies
What would be a good example of terms to use in this situation for the appraisal gap owner financing?