
28 February 2024 | 15 replies
(different loans have different seasoning periods for your funds and different guidelines on allowing gifted funds - something to consider) To determine closing costs you can call a local title company in your chosen area and ask them for their fee sheet and your lender should be able to provide you with any other fees associated with the loan.

28 February 2024 | 4 replies
My current mortgage is 70% LTV, so I have called my bank asking for the removal of the PMI.

25 February 2024 | 4 replies
With 250k, I can still get a decent SFH (3-bed & 1/1.5-bath) in a so-called up-and-coming area in Columbus.

26 February 2024 | 4 replies
There are some people who would buy it under their personal name first as a primary, and would switch it to another entity like LLC, however there's a risk in place where the lender can call off the loan and make them pay it off.

28 February 2024 | 12 replies
Another good way is to start cold-calling property owners.

26 February 2024 | 2 replies
The Military has several tax/financial resources he can call on 👍R/KC

28 February 2024 | 13 replies
A few weeks after paying the $25k, we set up our first meeting with our assigned CPA and started the so-called “advanced tax courses” provided, which are generic modules that only vaguely introduce financial concepts, topics, and terminology.

27 February 2024 | 19 replies
Quote from @Kevin Sobilo: My leases state that any monies owed are payable "as rent" so that if they do not pay that damage bill I can simply choose to evict them for "unpaid rent" which is simple and cookie cutter.FYI this is not legal in Colorado. https://leg.colorado.gov/bills/hb23-1095 prohibits "A provision that characterizes any amount or fee set forth in the rental agreement, with the sole exception of the set monthly payment for occupancy of the premises, as "rent" for which all remedies to collect rent, including eviction, are available"As for the $600 faucet... it sounds like you just called up a random plumber and told them to install a faucet.

26 February 2024 | 16 replies
Unlike residential properties like duplexes, commercial assets like 8-unit rentals frequently call for a different strategy when it comes to finance, management, and tenant relations.Examine carefully the markets that correspond with your investing objectives when considering out-of-state possibilities.

26 February 2024 | 7 replies
Definitely going to want to check with your local laws, maybe call Sec8 to confirm.I live in RI.