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29 January 2025 | 3 replies
Those failures are more negligent than a PM allowing a guest who paid with expectation to stay at the house to remain there in the middle of winter when they arrived on a Friday evening as you described.For now you will have to rely upon insurance, I don't believe the PM acted unreasonably given the circumstances.
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30 January 2025 | 6 replies
I figured this could possibly put me in a good position for a cash-out refinance when I’m ready to move on to a second property.If I stick within my budget, Philadelphia seems to offer the most housing availability, but I’m concerned about most houses available being in rougher neighborhoods.
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22 January 2025 | 22 replies
I guess that kind of vitriol is to be expected coming from someone who doesn't even have his own picture in his profile.
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6 February 2025 | 15 replies
Our goal for the projects we flip and the projects we design for other investors is to figure out how to get the same look at a fraction of the price.
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30 January 2025 | 13 replies
Nights, weekends, holidays, etc.To keep this on-topic, though...DO figure out what's healthy for you to manage but remember it's a process where every experience teaches you good and bad (and be patient with that process).DON'T sweat the small stuff (damage/costs under $50, undisclosed dogs, etc.) but DO find a way to learn, prevent, put in better practices to maintain your sanity.
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27 January 2025 | 12 replies
If you have a lot of family in OK, that can be a great place to start assessing since you have dedicated boots on the ground, as well as a reason to visit.Don't overthink the analyzing of markets when you are still figuring things out.
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19 January 2025 | 354 replies
After that, I expect very little.
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26 January 2025 | 2 replies
What are yall using for your expected maintenance cost of a Mobile Home?
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21 January 2025 | 5 replies
However, if you are profiting over 6 figures, the property might be too expensive to live in order to truly house hack.
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24 January 2025 | 0 replies
A local real estate lawyer or translator can ensure you fully understand the terms and conditions of the purchase.Other Costs to Consider- Closing Costs: In addition to your down payment, expect to pay an additional 8-12% of the property price for:- Notary Fees: Around 1-2% of the purchase price.- Property Transfer Tax (Grunderwerbsteuer): 3.5-6.5%, depending on the region- Land Registration Fees: Approximately 0.5-1.5%.- Realtor Fees: As mentioned, these range from 3-7% of the purchase price, plus VAT.Benefits for Service Members- Equity Building: Owning property builds equity over time, providing long-term financial security.- Strong Rental Potential: If reassigned, you can rent the property out in Germany high-demand rental market.- Tax Advantages: Germany offers tax deductions for property owners, which can help offset some costs.Key TakeawaysService members have a unique opportunity to buy property in Germany with minimal upfront costs.