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10 July 2024 | 0 replies
We’re looking to remodel our small kitchen (about 12 x 12, L-shaped), and convert the garage into 2 bedrooms (not an ADU, no added bathrooms or kitchen, just adding bedrooms to the house).
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10 July 2024 | 11 replies
No, you generally would not get to count your time as a $$ investment.
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11 July 2024 | 24 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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8 July 2024 | 42 replies
No money down, no risk and no work !
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10 July 2024 | 3 replies
Hi Mohan Deep, General Rule: A fixed-term lease typically expires automatically at the end of the lease period without the need for a notice to vacate unless otherwise stated in the lease agreement.For fixed-term leases, if no notice requirement is specified, they typically expire automatically.If your lease requires a two-month notice to vacate, you must provide this notice even at the end of the lease term.
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10 July 2024 | 4 replies
No one that I am aware of has been able to convince anyone that matters that the interpretation they use is against the rationale of the 15 year exemption and therefore a poor interpretation.
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11 July 2024 | 7 replies
If the seller refuses to sign the deed at closing, no sale can take place despite what a contract for sale may say.
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10 July 2024 | 16 replies
No problem Satyajit!
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10 July 2024 | 50 replies
Or are you also working states were there is no redemption period, getting the quit claim deed from owner and then challenging the tax deed in court?
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10 July 2024 | 6 replies
Failed listings could mean canceled listings, expired listings, or where there have been no updates to a listing for X period of time and they just move them to failed.Equity could be calculated based on FMV - original mortgage OR FMV - estimated current mortgage amount.