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I have been part of a general partnership for several years that owns one piece of property. On Dec 31, 2007 I bought out my partner so now I am no longer a partnership. What is the process for changing my basis on th...
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So long story short, my fiance and I are buying a foreclosure. We're working with a lender called "Prospect Mortgage" who has a local office in our area. The name recently changed to "Homebridge Financial" I believe. ...
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My bank is offering me a "special mortgage product" because I am an attorney. It is a small local bank in Memphis, TN and it has a good reputation. They have offered me 100% financing up to $250k on a 5/1 ARM at 3.55%...
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I am purchasing my first mixed use commercial property. Average rents are 6-7 one tenet is 4. Once lease is up what would be accepted for a lease adjustment in price. would 5 be over the top?
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August 2024 payroll numbers continue to show a resilient job market, despite revisions expected to push the data higher, following a trend seen in previous years. Economists note that job growth in typically underrepo...
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Has anyone worked with a public adjuster on Long Island (Nassau County or Suffolk County) or in the New York City area to help with an insurance claim? If you have any advice or experience to share, pros and/or cons,...
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I have 2 rentals in SW FL- both have open insurance claims and a public adjuster is involved.My insurance policies renew April/May. I have tried to get quotes for these properties and I haven't found a company that is...
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This property is in the north end of Wisconsin. I used to live in this duplex and I moved out to convert it to 100% rental and refinanced. Other topics I have researched about changing the basis include "you don't tra...
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When you are comparing comps to calculate ARV do you use total lot size or livable space ?I assume lot size... am I right?