Ivana Ivanovic
Help me figure out if I am crazy or...
18 September 2024 | 35 replies
They either don't have the experience to understand there are other costs than simply PITI or they are making a decision too quick to stop and think about it.The reality is turnkey rarely works if you want to make sure the property is generating cash flow.
Lily Wang
Is it really possible to charge 2 to 2.5 times more for furnished MTR compared to LTR
16 September 2024 | 24 replies
Extremely vanilla and broadConclusionPlease stop AI copy and paste.
Billy Knox
Why use a Real Estate Agent?
20 September 2024 | 73 replies
I'll stop quote replying to drive this point home.
Christina Colon
New owner- Tenant question
16 September 2024 | 13 replies
I was not informed of any such deal when I purchased the property.I was taken aback by the aggressive reply I got from the tenant after reminding him of his lease agreement even after I agreed to have my yard guy stop by next time to clean his yard.
Lori Brittain
writing off meals during REI meetups
12 September 2024 | 12 replies
Yes, you could deduct your own meals when traveling out of town on business and having an overnight stay.
Michael Plaks
EXPLAINED: Tax strategy or an abusive position?
15 September 2024 | 2 replies
They know it, and they are trying to stop it.What is their stopping mechanism?
Dilcia Morales
DSCR Docs Requirement
17 September 2024 | 22 replies
They've always wanted two years of tax returns.I know everyone says you "don't need anything" for DSCR loans, but I've always found that you... do.The key difference is of course that your DTI ratio plays no role in qualifying for the loan.I obviously can't speak for OP's experience and don't know who her lender is.Hey Nicholas - most one-stop shop brokers look at lending options other than DSCR.
Pete Schmidt
STR liability insurance
13 September 2024 | 11 replies
When owning a vacation rental, the biggest financial risks to you are from fire, water, and liability.A solid overnight rental insurance policy will cover you for all of these risks.
Ray Slack
Question about Lien on Upset tax sale Purchase
14 September 2024 | 11 replies
Therefore the time frames don't align and presuming that people logically stop paying their taxes and mortgages at the same time, the Sheriff Sale would happen long before the Tax Sale.
Dat Chung
How do I make 1M net per month?
10 September 2024 | 4 replies
It doesn't happen overnight, but with persistence, wise investing, good money practices, good due diligence practices it can be done over time.