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26 October 2024 | 0 replies
Or, if possible, sell them (but I'm guessing that selling the units to owner occupants is probably not allowed and that they must remain rentals for the 30 year period).
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25 October 2024 | 2 replies
I think it is, but it is not the same BRRRR method investors are used to.The Changing Real Estate LandscapeThe real estate market has fundamentally shifted since the period from 2017-2020, which was marked by relative stability in terms of interest rates, demand, and supply.
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31 October 2024 | 23 replies
A larger sum might provide more leverage to ensure they leave on time and in good condition.Rental Agreement: You could also consider having a formal rental agreement in place with the seller for the two-week period.
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24 October 2024 | 20 replies
This waiting period helps ensure that the loan meets their guidelines and reduces risk for the lender.
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28 October 2024 | 46 replies
There is a ramp up period for a str business.
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28 October 2024 | 30 replies
You could have a really solid portfolio in a relatively short period of time.How are W2 employees different than subs?
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25 October 2024 | 4 replies
Consider if it will truly benefit your tax position, liability protection, or asset management, or if it will just add unnecessary paperwork.If you’re in a state like California, keep in mind that you’ll have to pay $800 annually to the Franchise Tax Board, file a periodic Statement of Information (SOI), and submit a Beneficial Ownership Information (BOI) report.It’s a good idea to consult a real estate attorney to ensure you’re making the best decision for your specific needs.
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29 October 2024 | 15 replies
It could be this was a standard periodic reassessment to account for market value increases and there's nothing to fight.
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24 October 2024 | 15 replies
In WA state, we are deed of trust state and non-judicial (with an option for judicial) and requires a Notice of Default (30-day cure period) and a 120-day Notice of Trustee Sale with cure period.
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24 October 2024 | 4 replies
Were seeing a lot of BRRRR refinances in the sixes rate wise recently - rates have been a bit volatile last couple of weeks but some really solid BRRRR deals going on with DSCR considering the short seasoning periods and rates really competitive with conventional alternatives