Sebastian Sovero
Seller Financing - Need help structuring a deal
31 May 2024 | 2 replies
She's been renting it for $2,800/month and the condo has a $600 monthly HOA.I want to offer her $350,000 for the condo (its a fair price for it), 5% down payment ($17,500) and pay her monthly $2,000 for 3 years, after which I would refinance and pay her out.
Jim Miller
Looking for a rental HELOC
31 May 2024 | 8 replies
Income verified online through borrower's source of choice such as bank statements, asset accounts, paystubs and IRS tax filing.
Tarcizio Goncalves
Capital Expense or not?
30 May 2024 | 9 replies
You would then depreciate this amount over 27.5 years, allowing for annual depreciation deductions on your tax return.
Juan Hernandez
Taking Over Management
31 May 2024 | 11 replies
After a more careful review of the PMA I do see a line item that references termination of either party.
Sarah Santa Cruz
Pay down mortgage faster or not
29 May 2024 | 18 replies
After paying mortgage, taxes, insurance, and accounting for vacancy, maintenance, etc. it will be a break-even situation.
Greg Elkins
Death of tenant with no apparent heirs
31 May 2024 | 4 replies
Nobody is going to come after you for protecting your property.3.
Rachel Hezel
Advice on paying down personal debts
30 May 2024 | 11 replies
Tax effects are also key, as some investments can save you money on taxes.
Elvin William
Any one has rental in D class neighborhood.
30 May 2024 | 43 replies
And after fixing, I'm all in at $67,000.
Mitzi C.
Advice needed - STR to MTR for summer
31 May 2024 | 7 replies
If you want to do a background check and lease for Airbnb bookings, you have to put it in the house rules so you have the guest agree to do it after confirming the booking on Airbnb.We don't do mid stay cleanings, but we do expect a deeper clean after all our MTR stays.
Brandon Skinner
Mortgage Notes sales
31 May 2024 | 7 replies
Unlike traditional real estate notes is something that is easy to do from afar since you do not get access to the interior anyways so there is nothing you can physically inspect.You are correct that you will get $500-$600 a month in payments but also recognize its taxed at ordinary rates...