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15 July 2024 | 8 replies
Or, more likely, it just won't be renewed when you were counting on it.Could you still handle capex if your HELOC vanished?
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14 July 2024 | 7 replies
I would get very close to breakeven, but you are still living for practically free (not counting repairs, maintenance, and management) while paying down the mortgage on a monthly basis.I have never purchased a new property to house hack, but I would run the numbers like any other investment property.
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14 July 2024 | 5 replies
Keep in mind that rents count toward qualifying income.
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14 July 2024 | 3 replies
Similar condition, square footage, bed/bath count, etc.
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12 July 2024 | 0 replies
I'm passionate about real estate investing for [too many yrs to count].
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12 July 2024 | 2 replies
US 10 year Treasury yields tumbled (by nearly 10 basis points today and counting..) with the latest inflation metrics showing a dip last month indicating the Federal Reserve could start to lower interest rates this year with a now 80% chance of a September rate cut.
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9 July 2024 | 29 replies
Good answer from @Kelly O'KeefeShort answer: the time you spend on a rental that meets IRS requirements to be considered and STR doesn't count toward REPS.
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11 July 2024 | 9 replies
G’Day BP folks,A fellow Toledo investor started a Facebook group revealing all local scammers.Mostly contractors.10+ years of investing in Toledo and stopped counting at $1m in losses.It’s just the nature of the beast and the cost of doing business in my eyes.Unfortunately, Toledo is notorious for bad operators and poor quality of workmanship in many industries.Maybe this group will help you not loose the same amount of cheese that I did $$$You’re welcome 😇 https://facebook.com/groups/786864700099337/
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19 July 2024 | 100 replies
So without the MLS/Compensation being offered, really all we are doing differently then is taking our off MLS procedures and applying them to on MLS deals now.With the decrease is licensee count, we have seen average commissions generally rising.