Andrew B.
Home plans
18 December 2011 | 7 replies
An experienced builder can help with this but it is a common pitfall.In my area (New England) you can expect to spend 3000.00 for a qualified designer who might need an engineer’s approval in some cases to 8000.00 for an architect at the high end.
Renae Bliss
Wanting first cash-flow property; should I go for a 4-unit or duplex?
20 December 2011 | 10 replies
I agree with John that you may want to start at another level (employment, savings, etc.)
Jason Maduko
1st Time Home buyers in Metro Atlanta
19 December 2011 | 3 replies
Listed below is a summary of my financial and credit profile: Income/Savings:94K annual income (58K from primary employer + 36K combined from part-time work)20K in savings and have an additional 20K towards a downpaymentCredit scores: TransUnion 649, Experian 665, and Equifax 637 as of 12/10/11; credit simulator claims that my scores should jump ~20 points if I pay off my credit card balancesDebt:About 3K in credit card debt; all currentAbout 380K in student loan debt (majority from medical school); but all student loans are current and in deferment.
NA NA
Providing my buyers an interest statement - Help Wanted.
25 February 2013 | 13 replies
The 1098 is sent to the borrower; there are several copies to that (just like a W2 that you get from an employer for those that have a job).One copy of the 1098 goes to the IRS, along with a 1096 that accompanies all of the 1098s and summarizes those 1098s.
Adam Craig
Wanna be out of town investor but should I start local?
23 January 2012 | 10 replies
So I am self employed with an internet eCommerce business - I averaged around 15K a month profit in 2011 and 2012 looking much stronger - I am very fortunate.
Mike Batir
4-unit owner occupied investment as my first property?
15 January 2018 | 26 replies
No, we don't want to live in California forever, but we're not ready to move either.We were actually considering your town once, because my husband's employer was expanding there, but the community manager position was snatched up quickly.
Lester Schmitt
Keep property as duplex or change layout to a three unit?
12 February 2012 | 5 replies
I purchased a 2 unit building in upstate NY in a small village where the Hospital is the major employer.
Jeff N.
Tenant kids causing increased wear on unit
29 January 2012 | 5 replies
Jeff, Charging them for the carpet cleaning, paint, etc is common practice and taken out of their deposit if your lease is written correctly.
Patrick Dotson
Pros and cons of condos
12 February 2012 | 32 replies
Here are some commonly overlooked items by investors.HOA FinancesJust because an HOA has low Association Dues does not mean that it is a deal.
Patrick Dotson
LLC in property Address (ie. 1234 Madison st LLC)
30 January 2012 | 2 replies
Is it common practice to submit offers in the property address LLC.