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20 October 2024 | 8 replies
Good afternoon fellow investors,I just closed on my first rental property, which consists of a main house with 3 attached smaller units (efficiencies) - this is very normal in this area- , everything is on one meter.The previous owner used to live in the main house and therefore all utilities were included in the smaller units's rent payments.
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26 October 2024 | 25 replies
Wait...you think when someone does not want to sell their house period.. that the solution to them not wanting to sell their house is ..
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29 October 2024 | 9 replies
Yes you can definitely qualify for the STR loophole if you materially participate and keep the average rental period at 7 days or less.
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21 October 2024 | 10 replies
If you received a variance, once the notice of decision was posted and appeal period ran its course you should have first obtained your zoning permit.
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23 October 2024 | 4 replies
Im down to put the work in but want to know 2 things...what would be the most efficient and effective way to use my time to get houses under contracts and to close deals.
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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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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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28 October 2024 | 8 replies
The rates and terms are usually more favorable than DSCR loans, so I’d lean toward conventional financing while you can still qualify.BRRRR Method: The BRRRR strategy can be powerful, but it might slow you down a bit due to the current cash-out refinance seasoning periods, which can be as long as 12 months.
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5 November 2024 | 39 replies
Lease termination may be necessary when the home is uninhabitable and significant repairs need to be made for an extended period of time.
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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).