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23 November 2018 | 21 replies
Anywho:FannieMae.com is down right now, so I can't post the guideline directly, but what you're after is the "delayed financing exception."
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28 April 2019 | 9 replies
Your assets are light for a deal this size to qualify.How debt works and ratio's involved will likely depend on what going in cap rate the income throws off with purchase price.There are hundreds of items to analyze when looking over a retail property and takes a lot of time and due diligence.The items listed for roof, parking lot, etc. can equal in to the six figures in costs so very substantial to repair or replace.
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24 November 2018 | 13 replies
@Greg Raymond If real estate is your passion, you are better off spending time with people who will reinforce and encourage you in the right direction.
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19 November 2018 | 5 replies
I am not a lawyer so my advice is directed to having the water-less tank system installed properly.
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20 November 2018 | 13 replies
My investment strategy looks something like this 1) Start direct mail campaign / generate website leads 2) wholesale and co-wholesale deals to start.
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20 November 2018 | 6 replies
@Rodney B GibsonFire your PM, find and hire a local contractor you can trust to handle the repair issues and have the tenant pay you direct.
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15 April 2020 | 9 replies
@Don IrelandOwning a duplex that you plan to househack is likely up there in complexity when discussing tax returns.When you acquire the property - you will have acquired an investment property in addition to a personal residence.As such - direct expenses related to the investment property and indirect expenses related to the investment property will be deductible when calculating rental income.I agree with Ashish - that you should open up a separate account that relates to expenses paid for the duplex.
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29 April 2019 | 14 replies
I have had water damage to floors all along the front of my house because water was regularly directed into my house from the irrigation nozzles and the HOA are responsible for themI want to sue for the cost of the new floors, but am concerned exactly WHO to sue.
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20 November 2018 | 3 replies
In short I feel aimless in my research and am looking for help deciding on a direction
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17 November 2018 | 3 replies
there is nothing wrong with it, most microwaves have that option and do not have to be vented out, even though as a contractor i prefer them to vent out. if the existing pipe already vents out, which it probably does if there is a pipe in the cabinet already. what you would have to do is unscrew the 2 or 3 screws in the top cabinet that screw down into the microwave ( if not there then there may be 2 bolts in the front of the unit behind the cover that have to be loosened) that will loosen the microwave, then its a matter of taking the screws out that hold the fan at the top back, pull the blower fan out and change the direction so that it faces up, screw the fan back to the unit and put the microwave back up and bolting it. check to make sure the fan connects to the duct work, if not, add a piece of sheet metal to connect and seal that joint. btw you may want to unplug the microwave before doing so, just for safety reasons.