Definitely take the car ride and lay it all out - including how regular rate increases might be handled.

ty  If the deal makes sense for you even with the flood insurance, it may be worth it.

But when it's done, it's like having a special treasure that's worth a lot.So, it's kind of like picking between a quick adventure and a big, exciting one.

Thanks to the Cost Segregation Study, the property investors accelerated the depreciation that the first year depreciation was approximately $1,629,844.Through the cost segregation study, they were able to reclassify approximately $2M to a 5 year useful life, $2.35M to a 15 year useful life.The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.

@Chealsi Stocco be careful chasing ROI because as it increases, so does the risks!

Sean,The rental dwelling market for many areas in the Northeast have seen both rate increase and Insurance companies pulling out.  

Here's a casein FL - Seller in foreclosure has 120k principal @4%, Shes 10k in arrears, house is worth about 250k, good condition.She wants to stay at the house, but doesn't mind selling it if needed.She will likely not qualify for a loan mod at the moment, good amount of equity.She works in the medical field, just took sick and fell behind.I was thinking of offering to pay her 10K in arrears and creating a 2nd mortgage @ 10% interest.if she defaults, i can foreclose,  as there is a bunch of equity there.any thoughts of a better scenario that i can make more of this situtation?

Likely not worth it.

While still technically in slight seller’s market territory, inventory is well above extreme lows seen in recent years when inventory fell below 1 month for a sustained period.Here are the full stats for Austin and the greater metro:A 30-year fixed mortgage is sitting around 7.3% interest, which is the highest it has been in 2024 thus far:In addition to interest rates increasing the cost of real estate ownership, buyers are facing increased insurance premiums, maintenance costs, and rising property taxes.

Right now, I see a lot of opportunities to increase credibility on your Our Company page and your Reviews page.