Daniel J.
CapEx on New or Major Remodel
If I purchased a new or majorly remodeled property where all the major systems were new, how might that effect my CapEx expense category? I realize that it still needs to be saved for, but if my roof shouldn't need to...
Robert Cummins
does a retirement loan count in my debt to income ratio
Hello my question is will a Civil Service retirement loan be counted in my income to debt retio...it will not be on my credit report and when I retire I will no longer be required to make the monthly payments because ...
Kris Haskins
Auction.com, how can the site automatically bid against me??
Ok, so auction.com says- and I quote..... "ADC may counter bid on behalf of Seller on any Property up to the amount of the Reserve Price" How is that legal, isn't that like a realtor saying they have other offers...
Julie Payne
Terrible Experience with Evolve Vacation Rental
Stay away from Evolve Vacation Rental. We started working with them 3 years ago. It started well enough, bit in the last year, they have ceased following my instructions for minimum night stays, and they leave cancel...
Beth Collingz
Condotel Investments in the Philippines are Better
Condotel Investments: Not Always a Smart Idea in the United States !
Even with record room rates, owning your piece of the condo-hotel business in the United States might not be so profitable, experts are saying. Yet...
Moses Moreno
Condo Investing Warning!
We had a pleasant emergency HOA special assessment meeting this week. Due to updated CA codes & regulations, coupled with the lack of foresight & planning by the HOA Management & Board, our complex has to ...
Trevor J Dammon
Does the 50% rule apply to duplexes and fourplexes
Hi all,I've been doing a lot of research recently and am now starting to look at actual rentals and run some numbers. I'd like my first property to cash flow positive. I find estimates for property taxes by looking up...
Larry Smith
Home Warranty coverage
Hello All,My home is currently rented and managed by a company, but my wife and I are considering managing the property ourselves. We are military and live in a different state at this time, however, we know it can be...
Mark Hu
What kind of reserves do banks want property owner to have?
Assuming one has 3 properties, each worth @ 1 million each, with a mortgage of 400k each. 1 building is fairly new, and 2 are older buildings. What kind of cash reserves would a typical bank want you to keep? Espec...
Account Closed
Using Business Credit for Proof of Funds for Hard Money Loan
Hello, I'm currently going through the process of attempting to open 0% business credit cards to hopefully potentially use as the downpayment to qualify for a hard money loan, to then use that hard money loan to purch...