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9 January 2025 | 17 replies
If I had to pay my cleaners on top of the loss income it would impact even more as my cleaning fees range from $100 to $400 depending on the property.
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8 January 2025 | 31 replies
(Interesting that I just came across this old post for the first time.)I’ve used Jerry Feeney’s e1031xchange multiple times.
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6 January 2025 | 10 replies
Rates shouldn't be impacted here.2.
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12 January 2025 | 12 replies
Buying with an LLC is a great way to safeguard yourself and your property, highly recommended, however, if you’re purchasing through an LLC that was not formed specifically for the purposes of acquiring your investment property, ensure you own more than 50% as LLCs can get complicated with multiple equal shareholders.
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5 January 2025 | 10 replies
Are there specific cities or states where this lobbying is already having an impact?
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6 January 2025 | 9 replies
Keep it simple - sell the property and let each sibling do what it is that they want.If you keep it and do a refinance(to pay for the bills)Who will be on the loan, will it impact everyoen's DTI?
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8 January 2025 | 7 replies
Plan is to purchase multiple vacant lots for future development.
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9 January 2025 | 12 replies
This includes contacting the applicant’s employer and speaking with their supervisor to confirm job stability, income, and reliability. if the person has not been employed at their place of employment they would require a guarantorCredit Score and Debts: Applicants need a minimum credit score of 620, and while we review debts, medical debts are generally not disqualifying unless they impact overall financial health.Criminal History: We do review criminal history to ensure safety and security for our tenants, while remaining mindful of state and federal guidelines.Rental History: Positive references from past landlords, with no evictions or significant lease violations in the past five years, are essential. and we can see into the court system if they have an eviction judgement.Release of Information: We include a release form allowing us to verify employment and rental history directly, which helps us get a clearer picture of an applicant’s background.This process has worked well so far, but I’m always open to improving.
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15 January 2025 | 8 replies
LOL but this route you have only 4 weeks to contact all the sellers MULTIPLE TIMES.- The golden rule in my group is the seller has to have a deal, the numbers work, be willing to sign, be willing to move out no later then 7 calendar days prior to the auction!!!!!
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17 January 2025 | 28 replies
I have used them multiple times in the past.