1 September 2021 | 6 replies
You need to do a tax planning to reduce your tax burden.
5 November 2021 | 3 replies
The average time to rent is eight weeks.Permanent - This tenant pool could be hourly or salaried, but they earn well above minimum wage.
2 September 2021 | 6 replies
You are not running a business and you need to make 'business decisions' where you earn the maximum profit so you can eventually but more units.The very first thing you need is to have good rental agreements whether month-to-month, or an annual lease.
27 January 2022 | 3 replies
Any thoughts on a job in the industry that would give me the best position to learn as I earn?
1 September 2021 | 3 replies
You want that, and the lenders want to sell it to Fannie for that sweet sweet back end profit.If a hypothetical lender forewent that sweet sweet back end profit, that means you're making up for it, so maybe that means your down payment is reduced by 5%, but your fees/rate/etc jump up by, call it, 4%.5% towards equity is a better deal than 4% towards fees/points/rate/etc.
8 September 2021 | 5 replies
If this is the case, buy a turnkey rental for $115k where you are earning rent the day you buy it.The rental analysis, with holding costs doesn't sound fantastic, but again, the deal needs to be worth your time on the front end, if rehab is required, and I am hesitant to assume it is worth your time.
2 September 2021 | 1 reply
The owner occupied reduced down payment program on conventional mortgages can be repeated over and over.
12 September 2021 | 9 replies
It was listed for 295k, I offered 280k with 5k of my closing costs covered to reduce my cash to close.
8 October 2021 | 9 replies
But now I hit a snag because I'm self-employed and they require two years of tax returns for self-employed.The issue is my 2019 tax return features a stint on unemployment after a corporate layoff, and then in 2020 I changed industries earning at first 50k as an independent contractor, but now in 2021, this industry change led to considerably more income for 2021 (100k+).
4 September 2021 | 0 replies
Typically, not nefarious, it’s still a behavior that operators must prevent to reduce liability or misuse.Kastle’s AI video surveillance immediately alerts our live monitors to confront violators if such infractions occur.