All Forum Posts by: Jeremy Jareckyj

THere is a loan I have seen folks using in the past... not sure if it is still available but it is the MACU90 loan with mountain american credit union and it is a 10% down investment loan. I would do you due diligence but I have seen others use it to purchase non -owner occupied properties.

0 Votes

Salt Lake City, Utah

I did this a few years ago. My CPA instructed me to list my repairs as CAPEX or repair items , furnishings were supplies for the rental.

There was a certain way we had to break it off from it being my primary residence but I can't remember exactly.. Good post and forsure get with a CPA

1 Vote

Colorado Springs, Colorado

Quote from @Marc Shin:

Hello. For STR's, is it necessary to get brand name hand soap, shampoos, and toilet paper? Or can I get the Costco brand items??

Costco all day! For Soaps + shampoos.. I prefer to buy the cheap refillable containers and then I buy jugs of soap on amazon. cleaners refill them. Most cost effective option I have found.

Guest breaks a refillable container, no problem , $5 or less to repair. I personally despise those wall hung soap dispensers. Have seen so many of them break over the years.

0 Votes

I would make a post on turbotenant in your area as a furnished monthly rental.. You might find good success getting leads there .

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Welcome man!! let's get it!

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Greensboro, North Carolina

Absolutely sounds like a good option! I would potnetially even suggest they pay a big more than value if they are getting that good of a payment/rate. I live in the SLC area feel free to shoot me a PM to chat more.

0 Votes

Salt Lake City, Utah

I got a little close on a rehab last year in south salt lake but it was a huge one. I did BRRRBNB

0 Votes

Salt Lake City, Utah

Quote from @Matthew Brown:

Hello,

Long time listener first time poster. Me and my girlfriend recently moved into a home we are renting along with another couple in the separate basement unit. Recently the city issued a notice about the property not being zoned for multiple family occupancy. The landlords solution is to make us all “owners” by creating a lease option to purchase contract.

Me and my girlfriend are currently saving to purchase a home within the next year or so to start house hacking, my concern is how signing the lease option to purchase contract will affect our eligibility for first time home buyer programs?

Any advice would be appreciated.

Hey Matt! Im a local agent/investor in the SLC area. I would just wait to save up to buy, unless you REALLY want the property. Happy to chat to you about those first tie home buyer programs.. some of them require almost no money down!

0 Votes

Salt Lake City, Utah

I would give planning and zoning a call. They are always updating the ADU guidelines and thats a bit of a unique situation.

1 Vote

Salt Lake City, Utah

All Forum Posts by: Jeremy Jareckyj

Jeremy Jareckyj has started 5 posts and replied 242 times.

Post: New investor looking to buy investment property asap

Post: First investment property for less than 10% down

Post: Tax deductions on a remodel for a future STR while living in it.

Post: STR soap and toilet paper

Post: Looking for tips for slow season

Post: Small Fish Big Pond

Post: Any case where owner financing makes sense?

Post: Anyone able to successfully accomplish BRRRR in Salt Lake County in this market?

Post: Currently Renting, lease to own option first time buyer consequences.

Post: Adding a detached ADU to a duplex in SLC