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11 March 2024 | 12 replies
Though growth markets are attractive for the appreciation, I would balance it with some cash-flowing properties (in income markets), or properties in hybrid markets (where you can some cash-flow and some appreciation).
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12 March 2024 | 250 replies
Fannie Mae research shows that low-income and first-time homebuyers pay disproportionally more in closing costs.
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10 March 2024 | 8 replies
Let's consider the Seattle Metropolitan area; an SFH (Single Family Home) would cost around $1M, and the taxable income is $500k.My questions are as follows:1.
11 March 2024 | 9 replies
Some just make perpetual threatening phone calls.Some start court actions, so they get a money judgment which they can use to at least garnish state income taxes (you can't garnish federal returns).Property owners need to start asking PMCs HOW they will execute their services, so owner expectations can be better met:)
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10 March 2024 | 1 reply
I sell insurance and am commission based so I would like some sort of passive income.
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11 March 2024 | 30 replies
The income historically improves quickly so the cash flow improves quickly.
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10 March 2024 | 6 replies
To assume an FHA mortgage you have to be approved as to credit score and debt to income ratio.
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10 March 2024 | 5 replies
This family is currently searching for a home, and our agent, who also represents them, has generously offered to waive any commission for connecting us.After outlining our standard tenant qualifications—which encompass application requirements, income verification, rental history, credit score, background checks, a non-smoker policy, occupancy guidelines, pet policy, application fees, and move-in costs—our agent indicated that the extensive discussions and adherence to these requirements "equals a full commission of one month's rent."
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10 March 2024 | 5 replies
Then we take time to review proof of income documents, picture ID, check landlord references, etc.
10 March 2024 | 1 reply
I rent every room in my house out that my kids are not in so that brings me 1500.00 more I get 1000.00 from the trust only but grateful I get it and I have another rental I covertly rented for 1700.00 I am actually working on two more rentable places in basement and a tiny home I got a good deal on to rent as well.that will bring my income to almost 7500 a monthI have a resource to get 140,000 k as long as long provide a house to them they can rent for the rest of their life,they are sick and we talked the terms out as he will sign the house over upon death.