Account Closed
Buy now or wait given the economy/market?
15 June 2018 | 12 replies
Monthly Costs:HOA: $150Taxes: $38Insurance: $15 to $20 (HOA fee includes a blanket insurance policy).
Rebecca Belvin
After buying a property, what's next?
26 March 2018 | 2 replies
If you'll be managing the property yourself, you don't need to do thisSet up a property insurance policy for this propertyReview the title search done by the escrow company.
Lawrence Ratliff
$200/week + a little hustle is really enough
26 March 2018 | 23 replies
I paid $88,000 for one property (20% down, 15 Year 4.125% fixed is $527 (Mortgage & Interest) + Impounds of $475 (Taxes & Insurance) + $ 129 Property Mgmt = Total $1,131.
Wai Chan
Payoff demand question with deed of trust
24 March 2018 | 7 replies
Most people would jump at the opportunity to rid themselves of debt.You are allowed to add monies above X on the payoff demand if that money was spend on things related to the X deed of trust...taxes, insurance, property maintenance.
Thibe L.
To hire a realtor or to not hire a realtor, that is the question.
25 March 2018 | 12 replies
For sellers, we insure proper state and local disclosures are prepared and available before offers are made; market beyond MLS & online listings, like postcards, flyers, Open Houses, agent networking, etc.; schedule showings and analyze feedback; assist with and analyze offers to insure you are protected, (ex., avoiding those trying to tie it up to resell or not really qualified, clarify costs involved or strange terms in offer, etc.); guidance through inspections (as many sellers get emotional and lose sale during this process), coordinate required repairs, resale packages, comps for appraiser to help avoid appraisal issues, pest and moisture reports, walk-through, etc.
Daniel Pereyda
Is Mortgage Insurance necessary?
24 March 2018 | 1 reply
Do I need to purchase mortgage insurance for this property?
Wen Chen
Questions about tax write off's for rental property
25 March 2018 | 4 replies
I just bought my 1st rental property last year and need some help with what costs to file for tax return.Turbo Tax asking to escrow fees for following categories:Abstract and recording feesLegal fees, title search, document preparationland surveytitle insurance transfer or stamp taxesexpenses you paid for the sellerThese are the expenses on the closing summary:Record deedrecord mortgage mortgage taxbank attorney feeHOA questionnaireflood certification feetitle examtitle insurance (mortgage)title insurance (owner)delivery chargelegal feesapplication feeappraisal feecredit report feewhich categories will the fees on the closing summary fall into?
Laura Dipper
Financial Advisor real estate minded
26 March 2018 | 5 replies
As a rule those guys get paid to sell stocks and insurance.
Richard Jump
Self Directed IRA Investing Scenarios
3 April 2018 | 8 replies
You can invest in anything that isn't life insurance or collectibles.
Jon A.
Renting to an LLC as a halfway house
11 July 2019 | 5 replies
They do all the yard work and clean as part of their daily chores, etc. but the program charges a substantial amount of money that is paid by insurance companies, so they cram a lot of beds in each room because they are making money with more clients.