
6 March 2025 | 18 replies
The issues that most run into though is the property doesn't cash flow enough to support a higher LTV or most lender require a minimum FICO to qualify for the higher LTVs... some lenders have other experience requirements and reserve requirements as well... all depends.

23 February 2025 | 18 replies
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27 February 2025 | 35 replies
That advice is to actually not push or pull but to figure out how she really wants support and try to meet her exactly where she currently is.

11 March 2025 | 22 replies
I personally am not trying to build a portfolio of 100 doors, I am trying to build a portfolio big enough to support our ideal lifestyle. - We start with the property vs. the numbers.

10 March 2025 | 16 replies
The only factor I was able to find that supported a relatively high price and rental estimate, it that it does appear to be in a lower crime part of the neighborhood (relative to the rest of the neighborhood).Thanks in advance I appreciate any feedback on either the NORADA site, or other things I should be considering when analyzing a potential rental property that is out of state.Thanks,Zack Hello and welcome!

11 March 2025 | 7 replies
Here's what we require to do a Payment Plan:1) Tenant MUST put in writing specific payment dates & amounts2) Tenant MUST provide us acceptable proof of income to support Payment Plan3) We put their proposed payments into a spreadsheet that includes their current past due balance and future rent payments--- Many tenants only focus on their past due balance and forget about future payments!

10 March 2025 | 9 replies
If the price difference is small and demand supports it, the 4-bed could be worth it—but check actual rental comps, not just Rentometer.

27 February 2025 | 0 replies
Partner B will get $220,000 + the single wide, while Partner A's heirs will get the apartment building and the double wide.They intend to sell one property ( the double wide mobile home ) and use the proceeds to either pay down the loan or reinvest in another rental property (possibly in another market).To defer capital gains tax, they plan to use a 1031 exchange for reinvestment.Goals & Challenges:Tax Efficiency – Structure the transfers and payments to minimize tax liabilities for Partner A’s Spouse and the Children.Guaranteed Income for Partner A’s Spouse – Ensure a fixed monthly payment of $1,100/month while transferring ownership to the Children.Long-Term Investment for the Children – Build a solid rental portfolio to support future financial growth.Operating the LLC Under New Ownership – Ensure a smooth transition, including removing Partner A’s Spouse and Partner B from the LLC structure.Proposed Plan & Questions for Advice:Instead of outright gifting the 50% interest, the LLC will be restructured so that Partner A’s Spouse retains a Preferred Equity Stake that provides them $1,100/month in priority payments but gradually transfers ownership to the Children.Payments will only be made when rental income is sufficient (i.e., when rent increases to $850/unit).Partner A’s Spouse is willing to forgo payments in bad financial times but wants assurance that they won’t face any tax consequences on unpaid amounts.If Partner A’s Spouse passes away before full ownership transfer, the Children inherit the shares at a stepped-up basis (avoiding capital gains tax).Questions:How should the LLC Operating Agreement be structured to allow withholding payments when necessary without triggering tax or legal issues?

4 March 2025 | 10 replies
You have to know the market before you build a plan and I don't think this market supports your intended plan.

8 March 2025 | 9 replies
With that said, I’d be hesitant to offer some form of farm stay as i don’t know if the area supports that draw.