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6 April 2024 | 5 replies
However if you plan on buying 3-4units, there is a trigger rule for FHA, it is called the self sufficiency test.
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5 April 2024 | 2 replies
And the second duplex hasn't appreciated sufficiently to take advantage of the capital gains exemption yet, so planning to hold for the next few years.For this third duplex, however, I would like guidance on how to title it:1) Given that I am paying cash, and I am not totally sure I will sell this within the "2 years in the last 5 years" rule, should I just put it in a LLC rather than my personal name (thereby missing out on the gains exemption)?
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4 April 2024 | 32 replies
The worst part was that they had a baby living in the house with them, after we bombed the place there was over 1000 dead roaches, and I found a live snake behind the hot water heater 4 feet from a mattress that was laying on the floor that someone was sleeping on.
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3 April 2024 | 6 replies
Yates A good lease agreement that includes a hold harmless clause should be sufficient.
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4 April 2024 | 8 replies
In my opinion their data isn't significant for finding deals, but when it comes time to present an offer I don't know where you'd get sufficient data to do so other than CoStar.
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5 April 2024 | 37 replies
Instead of focusing solely on typical tourist destinations, consider exploring areas surrounding National Parks, state parks, or unique outdoor recreation spots that lack sufficient lodging options, presenting a prime opportunity for short-term rentals (STRs).
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4 April 2024 | 5 replies
There is no self sufficiency required.
4 April 2024 | 12 replies
Quads on a septic system is going to be a major expense and you should expect to pump it out every 2 years or so, so it needs a man hole cover.If it is going to be septic be SURE you have sufficient soil quality for your drain field, you will want lots of sand.
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3 April 2024 | 9 replies
So that would sleep 8, and the master would sleep 2, so a total of 10 people using only 1 bathroom?
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4 April 2024 | 8 replies
Many investors find out too late that their deal doesn't cash flow sufficiently when using property management, and they themselves don't want to be active landlords.