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24 May 2024 | 17 replies
My current tax preparer does not seem to offer much of a strategy with regards to real estate and long term planning.
24 May 2024 | 2 replies
Currently have tenants and paying monthly consistently.
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25 May 2024 | 17 replies
Appreciate all the responses and advice I read them all with thought and made my decision I’ll evict if the SD isn’t paid by end of the month.To answer some questions I bought the house when I was young (24) It was a fixer upper so I was desperate for tenants and I’ll be honest I didn’t know any betterOne reason why I waited this long was because I’m in NJ we had extremely strict laws during Covid and courts were closed for about 3 years also he pays rent (current market value) every month and doesn’t trash the placeIn a way I’m glad this happened though you can only learn from your mistakes and I’ll DEFINITELY be more strict moving forward Thanks again everyone for helping me make my decision
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24 May 2024 | 12 replies
Now it’s more than $107,000, according to the NAR.when rates were at 8% this was publishedA mortgage rate that stays around 8% means median home prices need to fall by 35%, to $265,000.If rates stay at 8% and prices at current levels, income needs to increase by 63%.
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24 May 2024 | 0 replies
After a fair amount of research I wasn't able to find much on them, does anyone currently utilize the system and have there been any issues with the court accepting the receipts as proof of mailings?
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24 May 2024 | 12 replies
She said she doesn’t want to be a landlord but has listed 2/6 units for furnished long term rentals to see if she can generate more income than her current STR situation is bringing in.
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23 May 2024 | 2 replies
I currently have a rental property that has >$100,000, maybe $130,000 of equity.
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24 May 2024 | 10 replies
I'm in the position to apply(depending on lender DTI requirement) for conventional financing through the builder at <6% interest rate in this current market.
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25 May 2024 | 9 replies
I am currently looking into their syndication.
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24 May 2024 | 6 replies
Who set the QBO for you, the current bookkeeper?