Andrew Swaim
I need lending advice
7 February 2023 | 24 replies
Feel free to message me directly for more questions and info This is dangerous advice.Using DSCR loans and putting them in an LLC will still impact DTI.Here's why.LLC's are pass through entities.
Mike Ritchey
personal home for tax deductions
7 February 2023 | 4 replies
Unfortunately, you can't write off your entire personal home and claim it as all business purposes only.Now if you're renting any of that space as well, you'll be able to write off more but you're playing a dangerous game with the IRS that is not as forgiving.
Amber Forkey
Pet Fee for "Aggressive Fish Breed"
8 February 2023 | 6 replies
For snakes and reptiles as long as they aren't dangerous I really don't see an issue.
Chris Trupiano
Am I running numbers correctly?
21 February 2017 | 11 replies
Buying a house just on what you have on that piece of paper is going to be dangerous.
N/A N/A
how do you calculate HARD MONEY???
24 October 2022 | 6 replies
The lender I use offers 18 months.A 6 month loan where a rehab is involved can be very dangerous.
Mike Han
Build addition to rent out or buy new (Ladue)
17 January 2020 | 6 replies
I like the addition idea because it will be a new build (fewer issues) that I can customize.
Johnathan Stroud
Status of the Real Estate market headed into 2023
4 January 2023 | 0 replies
Aside from the covid years, every year since 2010 we have seen fewer and fewer foreclosures in the United States.
Belinda Carr
Opportunity to build single fam on 3 acre
12 January 2023 | 1 reply
Covenants or HOA'sThese are great projects, but you need to make sure none of the above, deter the project before even getting started.Then, how do you structure the deal.This is a dangerous time to do subdivisions and they take a lot of cash up front.
Bob Willis
Studio apartments in multi-family property
5 January 2023 | 2 replies
Typically, I would rather have more 2-bedrooms than 1s and even fewer studios.
Robin Simon
Medium Term Rentals - Next Big Thing?
16 August 2022 | 82 replies
Admittedly, I know very little about MTRs (I currently only do more traditional LTRs), but I've been reading up on MTRs in my free time...I think the fact that your post got 3 pages (and counting) of responses, and so many interesting and varied perspectives on the topic, shows that--at the very least--MTRs are a topic that folks are interested in discussing...whether MTRs become the "next big thing", I don't know....my uninformed opinion is that there's probably a smaller market for MTRs because I just assume that there are fewer people needing MTRs (compared to STRs and LTRs)...but, obviously that isn't stopping folks from making good returns with MTRs.Since work-from-home, and MTRs are relatively new trends, I think the MTR space could evolve quite a bit in the future....it will be very interesting to see what's going on in the MTR space in a few years!