All Forum Posts by: Jeff Sullivan

I have an STR just of campus at a major univeristy. I am considering converting to rent by the room student housing (its a 4/2). Any special language in the rental agreemnt that I need to include to govern use of common areas, tenant conflicts, etc? Thanks!

Recently closed on a sub 2 deal. What's the best way to ensure I am protected by hazard insurance without bringing transaction unwanted attention by the mortgage company.

is 10% on a vacation home still available. I’m looking for a lender for a condo that I want to acquire near where my daughter will attend college. 

Looking for recommendations for real estate lawyer in the Dothan Alabama area that can do sub 2. 

If you are wholesaling in the Gary / Hammond area, let's connect.

Deana - I live in Alabama but I have been investing in Gary for the past year. I currently have three rentals there and am looking to add several more over the coming months. I like the market and I take pride in offering Gary residents quality housing options.

Great news!

@Basit Siddiqi Thank you so much for the information!

Very helpful! Thank you for the thoughtful response!

I currently own 5 SF rentals with a partner. All conventional financing... some houses in my name and some in my partners. Is there a strategy that would allow us to each claim half of the income and half of the mortgage interest deduction? Also, if we were to sell one of the homes, a way to ensure that any cap gain is split equally. I have considered creating an LLC and deeding properties into it but am concerned about "due on sale" clause.