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25 October 2018 | 6 replies
So you will not get any tax benefit for 1/4 of mortgage interest, 1/4 of property taxes, 1/4 of insurance. 1/4 of utilities etc.3.
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26 December 2018 | 7 replies
If this is the case, then I will have to file a police report documenting the theft.
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29 October 2018 | 3 replies
Anyone have recommendations on a good insurance company for seacoast NH investment properties?
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10 November 2018 | 3 replies
It's come time for me to sort out my insurance and I thought I could set it up on monthly payments and this might be a good way to help me start building a credit rating, but it seems that in general, insurance companies won't report to credit agencies unless it's negative.
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24 October 2018 | 2 replies
I couldn't convince her that the contract required them to pay HO Insurance & RE Taxes, but since I felt they couldn't or wouldn't pay the Homeowner's Insurance or the Real Estate Taxes, I had paid them for all of this time.
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24 October 2018 | 0 replies
(We have been waiting to update docs after we assign because we have been getting caught with sunk costs if the deal does not close) 3) Educating both buyer and seller as much as possible and clarifying any concerns before contract is signed (buyers through drip campaigns when they sign up for our list and through conversation, sellers through conversations at appointments and contract signing, also sales folder left to all sellers on all acquisition strategies) 4) Sending out a Property Update Document to our attorney every Monday.
26 October 2018 | 3 replies
(I super simplified this not taking into account reduced interest from accelerated pay down)Example 1:Mortgage 150k (paid down additional 50k) and 50k needed for next downpayment.Monthly mortgage payment $1000 (not including taxes insurance etc)Cash left after 2nd purchase $0Example 2:Mortgage 200k, 50K needed for downpayment, 50k in reservesMonthly mortgage payment $1000 (not including taxes insurance etc)Cash left after 2nd purchase $50kWhich example looks safer?
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26 October 2018 | 7 replies
I have purchased a Tax Cert in Alabama and have some questions on the insurance aspect.
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25 October 2018 | 5 replies
If they refuse, document your attempt and their refusal and then move to the next contract.
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25 October 2018 | 9 replies
Title insurance, various recording and delivery fees, etc. make up for the rest.By 6%, you are referring to agent commission?