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3 April 2024 | 10 replies
Hoping to learn from what you would do differently next time and get a current progress report.
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3 April 2024 | 19 replies
If you go for the registered agent service, do a bit of digging into different providers and their offerings to find your perfect match.
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3 April 2024 | 6 replies
You want what's generically called a warranty deed, only some states call it different things.
3 April 2024 | 12 replies
Selling it as a primary residence is different then selling it after being a rental for 5 years.
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2 April 2024 | 11 replies
I have deal with four different property management before but never have this kind of bad terms and customer service!!
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3 April 2024 | 4 replies
Maybe they communicate differently but have good intentions.
2 April 2024 | 4 replies
Wanted to check if that is true and if it is just lender specific or are there any legal laws around it.Thanks The rules are generally pretty vague - for the 10% Down Second Home Loan - generally are supposed to be not an investment property (no more than half the year rented out, no property management) and the vicinity rule is not super clear - but you are supposed to live "near the property"There won't be a difference among lenders since this is a GSE backed product (all rules the same) - however, the difference is likely to come from the interpretation of how close "near" meansThis is a good twitter (X) thread on the topic from a lawyer thats in the spacehttps://twitter.com/Wildlaw406/status/1689416363973214213
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3 April 2024 | 6 replies
There is a difference between maintenance and damage.For example if the garbage disposal is not working and needs to be repaired or replaced and it is determined to be broken due to mis-use (tenant caused) then get it repaired or replaced and then you can charge it back to the tenant.
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2 April 2024 | 59 replies
In my case it wasn't too costly but could be different for someone else I guess.
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2 April 2024 | 3 replies
For flipping my accountant recommended an S-Corp (flipping income is handled differently and so is insurance).