7 April 2017 | 14 replies
If so, make SURE that the home is wired properly to be safe when they overload the circuit.If it were me, I would accommodate it, but I live in GA and am biased when it comes to A/C.
8 April 2019 | 8 replies
They did all of the loan calculations wrong, did not transfer money paid at closing to set up the escrow account, and then sold my loan to Suntrust, claiming I was in arrears when they had not properly credited money I had paid at closing to set up the escrow account.
16 June 2016 | 12 replies
While you're right that a lender isn't going to make a conditional commitment with no specific property CRITERIA, a good lender will help sort through some scenarios and help you determine your qualifying amount in each.From the sellers perspective, I think it really comes down to not wanting to waste the energy of getting the home shown (which, in a lot of cases with multi-family properties, includes giving the proper notice to tenants) unless they know the person seeing it is actually capable of purchasing it.On your end though, speaking with a lender will also help you avoid wasting any time looking at properties that simply won't work.Feel free to reach out with any more questions!
3 June 2016 | 20 replies
As for my other rents, the tenants have been with me for some time so it won't reflect current rates.My thoughts on LNG suggest it will ensure prices won't fall while its in the construction phase.
3 January 2019 | 18 replies
Really wanted to, but at least I learned how to properly board up windows!
24 July 2015 | 9 replies
The bottom line is that even with separate title on the units, such an arrangement would come with risk to the IRA.Self directed IRA's are great tools for diversifying your retirement savings into real estate and being able to invest in what you know, but there are very strict guidelines to ensure that the entire focus of the activity is purely for the benefit of growing that tax-sheltered retirement savings.
1 January 2019 | 70 replies
Except that, there is no issue with Realtors using the mail with proper disclosures.
2 August 2015 | 13 replies
I am conflicted on what is best as I see good and bad to doing either.In park name - easier to manage administrative work, ensure taxes are paid, easier to recover if owner walks away or quits paying park rentIn buyer name - they pay taxes, if home is damaged would seem to limit park's responsibility, no insurance costIf value of the homes is an issue, the mobiles in question are of low value $2-10K ea.Again, looking for the industry best practices on this.Thanks!
24 July 2015 | 13 replies
It's hard to respond properly to this thread while I'm at work.
27 July 2015 | 12 replies
Besides, it is ultimately your responsibility as the property owner to ensure that your contact information is always current with the tax assessors office.