There’s been a lot of chatter lately about a possible repeal of all or part of the Dodd-Frank Act and what that might mean to housing in general and small real estate entrepreneurs in specific. If you’re wondering how an omnibus finance-regulation law affects you at all, here’s the quick answer: If you SELL houses…
https://attendee.gotowebinar.com/register/8311254954301994498 If you missed my 2017 Wholesale market update, you missed a lot; I shares: The strengths and weaknesses of the current real estate market Where the best deals are and who the best sellers are (they’re not who they were even a year ago) Information about a possible market downturn in 2017https://attendee.gotowebinar.com/register/8311254954301994498 What the…
What are the consequences of selling that property you have held for 15 years? You may walk away with some cash, assuming you haven’t refinanced the property. If you have refinanced the property and taken cash out, you may find yourself owing more in taxes than you get when you sell. By the time you’ve…
If you own rentals in Ohio, or plan to, you need to take moment and find out about a proposed law that will force you to let certain tenants out of a lease without paying. If this proposal becomes law, any tenant would be able to terminate their lease simply by showing that they planned…
Which, if you missed it, was to repeal a never-enacted rate cut to FHA buyers for mortgage insurance premiums. In his last days in office, president Obama issued an order to cut the annual mortgage insurance premium from .85% of the loan balance to .60%. This rate cut didn’t go into effect until January 27th,…
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