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21 August 2024 | 6 replies
I see no reason that I would expect poway or Mira mesa to out perform the general San Diego market.
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16 August 2024 | 2 replies
We are now in Q3, and it is a good time to check in on the Las Vegas investment market's performance for the first half.Before proceeding, note that the charts only include properties that fit the following criteria unless stated otherwise.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garages, minimum lot size is 3,000 SF, one or two stories.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties (click to enlarge).How’s the Market Doing in 2024?
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22 August 2024 | 2 replies
(b) Required Documentation (i) Limited or No History of Rental Income Where the Borrower does not have a history of Rental Income for the Property since the previous tax filing, including Property being vacated by the Borrower, the Mortgagee must obtain an appraisal evidencing market rent and that the Borrower has at least 25% equity in the Property.
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20 August 2024 | 14 replies
Without knowing the specific terms of the purchase contract and exactly what point in the contract you’re at there’s no way to answer the question I’m guessing you may be asking.
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22 August 2024 | 7 replies
Make sure to keep records of your efforts to market the property for rental to demonstrate this to the IRS.
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18 August 2024 | 6 replies
>but quickly realized that trading time for money wasn’t going to be enough if I wanted to create wealth while living in California.I think you are entering a tough market. 2.5 years ago (before interest rates doubled) it was a much easier market.
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20 August 2024 | 4 replies
The obvious answer is that you took title specifically to sell.
19 August 2024 | 5 replies
If you have any specific questions feel free to reach out.
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22 August 2024 | 8 replies
This means your children would inherit the properties at their fair market value at the time of your passing, minimizing or eliminating capital gains taxes if they decide to sell.
19 August 2024 | 1 reply
HOA fees depend on your specific HOA, but the chances that an HOA will lower their fees is very low.