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13 February 2025 | 25 replies
Most of the industry is blue collar work and some of our tenants have their rent paid by their corporate HQ, our all in cost for a new home there is $250k and we are bringing in $3k a month in rent and have had zero vacancies.
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21 February 2025 | 26 replies
(25%DTI) And not $7000 debt/$16,000 income?
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15 February 2025 | 77 replies
Before it accrues OP pays back the HELOC with next income.
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9 February 2025 | 33 replies
Quote from @Jeff Roth:Monthly rents for mid-term rentals are about 20% (+/-) higher than unfurnished similar long-term rentals.I would not base the income potential for a MTR on a rule of thumb.
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27 January 2025 | 1 reply
Could it be considered piercing the corporate veil if the mortgage for the property is in your personal name but the deed is in the name of the LLC?
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23 January 2025 | 3 replies
They are a corporate housing company.
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15 January 2025 | 13 replies
Warning: this exception applies to corporations only.
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18 February 2025 | 11 replies
Under the assignment of income doctrine, income is taxable to the person who earns it, even if it is directed to someone else.
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15 January 2025 | 10 replies
The income requirement was $6000.
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20 February 2025 | 3 replies
What are the biggest challenges in verifying income?