Anna Thanopoulou
First year depreciation in STR
19 November 2024 | 7 replies
Assuming you don’t meet the 500 hour test, you will likely need to document the time of others spent working on your property.In addition, you need to have guests at your property as well.Until you are 100% sure you can utilize the short term rental loophole, I’d wait to do the cost segregation study.
Madelyn Felix
Remote property access and cameras for self-guided tours?
20 November 2024 | 23 replies
If you're planning on utilizing a self-showing model with cameras you'll need to make sure you disclose to prospective tenants viewing the property that there are cameras on premise.At scale, we've coordinated 160,000+ on-demand/self showings with smart lockboxes over the past 5 almost 6 years with very few issues.
Scott Champion
I have $200,000.00 cash to invest.
21 November 2024 | 20 replies
If your credit is decent then I would utilize your cash as leverage to leverage:1.
David Pennington
Surface & minieral rights to land from 100 years ago, how do you reasearch?
15 November 2024 | 13 replies
Very common.
Kyle Souza
Qualifying for Small Multifamily Loans
13 November 2024 | 23 replies
I've been experiencing lenders tighten there underwriting, and a 1.3X DSCR has been somewhat common in my experience.
Kevin Lorick
My property manager deposits rent into his account before paying me, is this normal?
15 November 2024 | 13 replies
Yes, this is quite a common practice for professional PM companies.
Leslie Daniely
First Property As A MTR-Quadplex
17 November 2024 | 16 replies
I don't know your market at all, but it's common for neighborhoods next to the hospital to not always feel safe to out of town nurses--- so just know proximity isn't always the main point.
Steve Hiltabiddle
Notice of Default - Process and options
19 November 2024 | 10 replies
Eviction and foreclosure are two common real estate processes where you always want to use a lawyer from beginning to end.
Ellen Marshall
Duplex Deal Analysis
16 November 2024 | 2 replies
While there are definitely house hacks that have allowed owners to live for free and show positive cash flow the current interest rates and prices make those less common.
Karl Kauper
Are there no actual property owners on BP?
15 November 2024 | 18 replies
I'm used to paying a 10% management fee in other markets that covers the costs of paying utilities, etc., but RHR charges $10 per bill payment, a fee for renewing rental registration, fuel surcharges for service calls, etc.