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29 October 2024 | 9 replies
., furnishing, updating the deck).As for the rental days, there’s no strict minimum for the year, but the STR loophole generally applies when average guest stays are less than 7 days.
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27 October 2024 | 13 replies
@Renee CossRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
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30 October 2024 | 236 replies
., but that does not apply to real property transactions.
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25 October 2024 | 22 replies
In several California cities there is this concept of 'banked rent'; that is rent increases from past years that were not applied.
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19 October 2024 | 7 replies
How do I apply for section 8 in Michigan?
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28 October 2024 | 15 replies
Using advice from people with more experience than you in locales that differ from you spells disaster if that all doesn't apply where you are building.
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24 October 2024 | 3 replies
Im pretty sure the ATI exemption will only apply if the property was previously assessed at the 6% ratio when the transfer occurred (i.e., when you bought it).
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25 October 2024 | 1 reply
If you closed on your first one yesterday, then applying for your 2nd one probably isn't a great idea.
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28 October 2024 | 10 replies
When you apply for a refinance, the lender will order an appraisal to determine the value.
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25 October 2024 | 5 replies
I'm considering applying the BRRR method to my own home, without renting it.