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11 September 2018 | 12 replies
When I call him, the calls go directly to his voicemail, and his inbox is too full to leave a message.
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6 September 2020 | 8 replies
Google NRS 118 & you can get the full landlord tenant laws for our state.
6 September 2018 | 0 replies
Hello All,I know that Master Lease Options have been discussed a ton on here, but after searching endlessly I couldn't find anything addressing some specific concerns/questions I had so here it goes...The potential seller is a full time firefighter who has 3 very involved kids and is also a part owner of restaurants across the country with his brother.
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6 September 2018 | 2 replies
She has shown me several already and some times I feel bad asking her to show me so many knowing it will be a while before I can buy or before I choose the perfect one.Also, I will be looking at off market deals....can you get a very good feel for a place when it is full of tenants....and is it hard viewing a full home, when you have intentions of kicking them all out when I purchase it?
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9 September 2018 | 5 replies
HOA fee - If HOA fees are not paid, business will incur fines, so it is necessary to make the profit in the business.8) Marketing expense and advertising9) Cleaning and maintenance10)Commission (Expenses like commission, abstract fees, recording fees to obtain your mortgage are not deductible but rather capitalized )11) Insurance12)Legal and other professional fees(Tax preparation for business, not personal part)13)Management fee if applicable14) Points- you generally cannot deduct the full amount the first year but have to deduct them over the term of the loan.15) Repairs (Note always do repairs rather than improvements to rental because repairs are deductible right away and do not have to depreciate over few years as done for improvements.
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21 September 2018 | 22 replies
Keep in mind these are all retail MLO's who do government full doc loans..
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17 September 2018 | 14 replies
if nothing has been updated on the property in the last 10-15 years then it likely needs a full rehab.
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9 September 2018 | 3 replies
I did a similar amount of rehab ($70k) on a flip with me doing a lot and it was a solid 3 month job working there full time.
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7 September 2018 | 1 reply
I’m a full time real estate agent and just passed my brokers test and applied for multiple licenses so that I can open a property management company.
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28 May 2021 | 8 replies
It is a 6 unit multifamily house that was built in the 80's and needs some serious work, likely needing a full siding replacement along with most of the interiors.