Benjamin J Thompson
Market Comparison Data/Investment Strategy
8 February 2024 | 7 replies
That said, there are markets that are stronger, and less hassle of a tax burden, such as Indianapolis.
Steve Gjerdingen
Copper theft and impact on property value
8 February 2024 | 2 replies
At this point they have no plans to resolve this issue other than increase taxes and replace wiring.
Justin Macaskill
Tenant wants to delay paying security deposit for medium term rental
6 February 2024 | 8 replies
Have something that states the security deposit is not be refundable 14 days or less before move-in date if tenants decided to break their lease.
Starrywater Kennel
50% Foreign Owned LLC
8 February 2024 | 1 reply
I know I will be taxed higher on income and it will be harder for me to find financing.
Account Closed
HELOC/HELOAN on 2nd home
8 February 2024 | 2 replies
Basically kill your deal if they do not like it or feel there is a red flag.If you did not supply a tax return or lease they should not consider it a rental even if you do not own a primary home.
Matt W.
NC tax deed title issues
6 February 2024 | 4 replies
I am researching a property that is scheduled for tax foreclosure sale in Wilmington, North Carolina, New Hanover county.The law firm that handles the foreclosure for the county says that the property will come with a “non-warranty commissioners deed” but the paralegal could not really explain what that meant.The law firm also says that they WILL sell me title insurance at the time of purchase.
Leon Lee
Help on Several Common Questions Related to MTR
6 February 2024 | 7 replies
I charge a non-refundable cleaning fee and collect it at the time of move in.
William Roberts
In a deal analysis, what insurance amount for the input?
8 February 2024 | 3 replies
Calling a broker to get a ballpark like @Chris Seveney said or getting an online quote will always be the most accurate but if you want quick numbers - Nerdwallet has a "by zipcode" feature: https://www.nerdwallet.com/article/insurance/estimate-home-i...If you are working with a loan officer their different systems often auto estimate taxes and insurance as well - so you could ask them.
Jordi Valado
Help with Refinance
8 February 2024 | 16 replies
BUT you have less red tape, no tax returns, DTI, or employment checks are required.
Matt Smith
OK to do 1031 exchange from an investment property?
8 February 2024 | 10 replies
Now you are looking to buy a property that may be overvalued or have to pay taxes to not do the 1031.Better is to get all important docs in the LOI stage prior to locking selections so you can feel good about the one or ones you plan on closing on.