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23 August 2017 | 7 replies
Your rent history will determine how a lender decides to include the income or not in a your DTI.
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20 September 2017 | 43 replies
By the time I left after 6.5 months, I had listened to 225+ podcasts, each one TWICE, and read all the big name books including, Rich Dad Poor Dad.October 2016: When I got back to the states, I started studying my market and analyzing houses.
26 August 2017 | 10 replies
Team up with the tenant to achieve your mutual goal which is to have a successful relationship including between the tenants and the relationship you have with them.
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15 January 2020 | 6 replies
On Airbnb, I can click "Trip Length", then click "For reservations that include Fridays or Saturdays, guests must stay minimum 2 nights."
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28 August 2017 | 3 replies
Including understanding the pros and cons of cost segregation.If you just want some free advice, that's ok too.
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6 September 2017 | 7 replies
This will vary depending if you include only hard costs or add soft costs, land and financing.
24 August 2017 | 0 replies
Here is the summary of my situation that requires creative thought:Location: DC Suburbs (Clifton, VA)Original sale price: $300KOriginal mortgage: $240K ($60K down)Money spent rehabbing property since 2008: $70KTotal cash invested: $130KCurrent sale price (based on comps): $430KAmount owed on mortgage: $208KPotential cash generated from sale: $($222K, not including transfer costs)Estimated Monthly Rent: $2,200Current Monthly Payment for M/T/I: $1,300 *Biggest yard and likely one of the most updated homes in a desirable community where "average days to sell" is less than 14.Now the issues:Need $100K-$150K out of the house (or via investment) in order to put down-payment on next home, which will be primary residence (probably a $600K home).I've plugged numbers into every rent-or-sell calculator out there, but always feel like I'm missing something big.
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29 August 2017 | 7 replies
US property may only be exchanged for other US property and a very few exceptions of territories that include the USVI, Guam, and American Samoa (but not Puerto Rico).
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27 August 2017 | 2 replies
Any recommendations on any conditions/contingencies to include in the offer?
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26 August 2017 | 13 replies
As of January 1, 2013, it explicitly added debt buyers to be included under the act.If this is true, is there anyway around it?