Zach Wain
Low CPI report, rates trending lower
We had a LOW inflation report today (7/11/24), big win!! Today's low CPI inflation report helped bring mortgage rates and bond yields lower. Headline (total) inflation for the past month was negative, -0.1%.
Core inf...
Landon Elscott
Buy on contract to sell on contract?
I suppose, from a certain perspective this is sort of straw buying, but in a way I thought it might pertain to wholesaling as well...sort of.So, I've got an individual that has been renting their entire life and decid...
Mahmoud Y. Elhalawany
What is the total tax percentage amount on Flips in NC?
Hey there, I was just wondering, what are the total tax rates including self employment and all other taxes in NC on house flips? Thanks
Julio Gonzalez
New bill passed by Congress
Here’s a very brief summary of a few things it includes:
- Stimulus checks worth up to $1,400 per person. There are restrictions based on how much you make.
- Unemployment assistance - A $300 federal increase to we...
Svend W.
Landlord residing in basement that lacks kitchen & shower
I'm considering purchasing a 2 flat property in a suburb of Chicago but the timing isn't great for the family to move--I would rather not pull our child out of middle school during the last year--so I'm wondering if t...
Mike Miller
Newbie - Multiple Offer Situation
I am in the process of making my first offer on an investment property (a duplex). They are collecting multiple offers to choose from and they need to be in by tonight. Unfortunately at this time I will need to get ...
Paul Passafiume
Tax preparation costs for business+ individual
Ok, so I got my tax prep bill and I think its way high. For discolsure, my accountant had to file 5 forms:1040 US tax ind return1040-ES Estimated TaxKentucky Ind taxKentucky Est taxKentucky Single member LLC tax retur...
Cameron Rouse
Financing for Newly Self-Employed
I'm looking to purchase rental properties but have been self-employed for the past year and have been told by 1 lender than there is a 2 year minimum. I'm a RE Appraiser and have been this for 5 years.
I'm curious h...
Nic S.
FED changes its stance on inflation
The FED announced today it will change its thinking when it come to inflation. They will be looking to “average” 2% inflation rather than force it by raising and lowering rates. They’ll stop relaying so heavily on une...
Michael Olmstead
Acquiring HOA Management Contracts
Does anyone have any advice on how to acquire HOA management contracts in the North Texas area? We currently manage single family and multi-family properties in the Fort Worth area and are looking to possibly expand i...