
23 January 2025 | 24 replies
But no way is this a thing right now in the vast majority of cases.

5 February 2025 | 6 replies
When I worked with a property management company, we had someone buy a unit (single family) that had a STR and marketed it as a STR.

2 February 2025 | 0 replies
The bank and mortgage company we are using is giving us a hard time about us co-signing due to my separation and new job due to only having been separated a couple weeks now.

7 February 2025 | 14 replies
In my case, I have residential rentals in one LLC, commercial properties in another, self-storage in a third, and my real estate company operates in a fourth.

30 January 2025 | 6 replies
You could also use "Doug's LLC and/or assigns" where Doug's LLC is your hypothetical company.As for the assignment contract, you can get one from an attorney for probably less than $1,000, you can also make a friend at a title company, they probably have a template they could give you.

16 January 2025 | 2 replies
A few years ago I stopped coaching, I sold my print marketing company (Yellow Letters) to care for my wife.

26 January 2025 | 43 replies
Judge still gives seller another 90 days to file appeal or whatever.11. that time runs now title company wont insure until we give another 60 days.12. judge signs order and the 60 days the title company starts to run. 13.

18 January 2025 | 11 replies
That being said, the vast majority of mortgage products available (primarily DSCR) to LLCs are still going to consider your personal credit in the underwriting process.

14 February 2025 | 18 replies
Hi Jon from Boyertown, PA-You and your fiancé are interested in buying your first short-term rental and wonder profitable areas to purchase with a budget up to $500,000.I would look at places along the west coast of Michigan, Grand Rapids, Kalamazoo, and near Ann Arbor, MI.It is important to understand the local STR regulations in each community and partner with a property management company that can help your navigate that and manage it well for an excellent guest experience.Don't forget to look into bonus depreciation and doing a cost segregation study to increase the tax benefits of ownership and if you "materially participate" in the management of the property per IRS guidelines it can offset active W-2 income which most real estate cannot.To Your Success!

21 January 2025 | 10 replies
It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.