Jeremy Porter
HOA Fines Unveiled: Exploring Common Charges and Guidelines
14 February 2024 | 0 replies
These guidelines are typically outlined in the community's governing documents, including the Declaration of Covenants, Conditions, and Restrictions (CC&Rs), bylaws, and any amendments or resolutions that have been adopted over time.
Alfredo Trevino
Cash Refinance Question
14 February 2024 | 5 replies
This allows investors to bypass the typical waiting period and refinance up to the original purchase price soon after buying the property.
Nadia Brown
Evaluating My First Potential Property Deal in Jacksonville – Insights Needed
15 February 2024 | 9 replies
For example, 102k times 1% is $1020.
Justin Brittingham
Financing or Deal first?
13 February 2024 | 10 replies
The determining factors will be that the property is or isn't owner occupied, typical construction material, state the property will be located in, and the use of the property.
Vijay Kurhade
Which areas one should pay more attention to in agreements or contracts?
14 February 2024 | 3 replies
For example a lot of property management companies want the owner to indemnify the property manager even if they were at fault / potential did something illegal.
Ivan Chirolla
Can a parent-in-law lend to a SDIRA (non recourse loan) from non-IRA funds?
14 February 2024 | 6 replies
IRS rules stipulate there may be no direct or indirect transactions, benefit, or extension of credit between an IRA and a disqualified person.An example of a potential pitfall would be if the parent-in-law were to pass, and the spouse now inherits their estate - and thereby an interest in the loan to the IRA.If the willingness to lend or the terms of the note are well outside standard lending parameters, that could be viewed as a potential benefit.So, possible?
Mitchell Hammack
Buying a lot in an existing development to put a mobile home on.
15 February 2024 | 10 replies
It's a like a typical suburb where the homes and land underneath are fully owned by the homeowner, but all of the houses are mobile homes.
Josh Kelly
Next steps for analyzing specific properties in the poconos for STR?
15 February 2024 | 12 replies
As an example, this client's STR in the mountains outside Denver, Colorado is estimated by AirDNA to make $104,000.
Jacob Zivanovich
Should I Tell the Roommate that I'm the Landlord?
15 February 2024 | 29 replies
Oh, so in that example, you didn't even own the property?
Michael Abasiekong
Show Me the Money: Tracking Rental Property Income and Expenses
14 February 2024 | 0 replies
For example, you may be able to find ways to reduce your expenses, such as by negotiating lower insurance rates or finding a landscaper who does great work at a lower price.