28 April 2018 | 5 replies
The IRS doesn't just let you park profit.
26 April 2018 | 11 replies
Hey @Ricardo CristobalLike you heard, rates are low and chances are high that they will rise in the near future.Where the rates are at any point in time doesn't matter so long as the numbers make sense in any deal you get into.Like most buyers, if you purchase residential real estate, you should qualify for long-term fixed rate interest.
27 April 2018 | 6 replies
Especially if it's a 1-4 unit property that doesn't have to go the commercial 5 year arm terms.
30 April 2018 | 6 replies
If a home doesn’t have central air conditioning, try to plan on having one installed.
27 April 2018 | 3 replies
It doesn't hurt to ask lenders in your area, and I don't know for sure but it might be able to be placed under a blanket loan, even though this blanket would only be over one property, it may work the same way.
15 May 2018 | 20 replies
Got this one yesterday for my STUDIO honeymoon cabin:2 stars“Feel where this house is all one room no privacy”'Cause, y'know, studios are so known for their multiple rooms...Other complaints in his private remarks included getting lost on the way to the cabin... when I provide explicit directions and clearly state in the check-in email that it's up a private drive that doesn't appear on GPS.
1 May 2018 | 28 replies
In Denver, $100K doesn't go very far.
27 April 2018 | 6 replies
Also it doesn't always hold true in really nice parks and/or California, florida, or east coast as those parks tend to trade at a higher price and lower cap rate per se.
7 May 2018 | 7 replies
Here's where it gets odd.Jack wants me to be the sole borrower on the property, on our joint project.Jack wants me to not tell the bank about my source of rehab funds because it'll "complicate things with the bank"The bank has capped my borrowing limit at $250,000, which is above the necessary $295,000 to do the deal.As a workaround, Jack will be the sole provider of rehab funds (personal funds, cash)Jack wants me to give him one of my personal checks so he can write future offers.Jack doesn't sound like he is just trying to use you to make money.
29 April 2018 | 3 replies
Surely the HOA doesn't have a say on what is inside your house?