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27 July 2024 | 5 replies
I am not sure how much this course was or when you purchased it, but I would evaluate your fact pattern in light of the above and self-assess or discuss with a tax professional as needed.
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28 July 2024 | 7 replies
We appreciate your cooperation and understanding as we implement this program to maintain the integrity and quality of your community.
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27 July 2024 | 3 replies
Brought in as much light as possible and had great views.
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26 July 2024 | 0 replies
We reviewed this deal from one of the major brokers as a potential value-added implementation, however this does not pan out with our current underwriting assumptions.
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31 July 2024 | 53 replies
Sell, pocket $200k in equity, appreciation since they bought it, bank 25% for a new deposit in a year once they repair credit, buy two new second hand cars because they need them, pay off credit card debt, put a little extra to the side for increased rent payments for next 12 months, and reorganize to buy in 12-18 months... now they see the light, a chance to move forward, to not stress, and they're lucky the market increased so much... but if they struggle to keep it, struggle to make payments, then 10 months realize they need to sell, would they have as much equity, maybe, maybe not..
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25 July 2024 | 10 replies
I tend to get frustrated when I keep telling people that you can buy large multifamily with 0% down. I just put the MHP below under contract with 0% down, 20 years amortization with a 10-year balloon.The frustration i...
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26 July 2024 | 37 replies
Another strategy we might also implement would be house hacking that next house, to reduce how much cash flow we would need.Thanks!
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26 July 2024 | 24 replies
Adding an led light strip all around in the upper edge of that tray ceiling can give a different vide in your movie room.
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26 July 2024 | 0 replies
Looking at a strategy to Brrrr or light rehab to rent out to long term tenants.
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25 July 2024 | 10 replies
Below you can find a quick FAQ sheet of the updates they have implemented and will be implementing soon.Quick Overview: - The cost of application fees has increased- Platforms will remove listings without legitimate permit numbers- Platforms will have to remit the Hotel taxes directly to the city of San Antonio (Operators still have to file revenue reports monthly)- STR operators can change the operator of the permit without a new application being required (it seems the permits are still non-transferable upon sale, however)- Updated Party Prevention measuresMy Take:This should weed out some hosts that have not been abiding by the permit requirements.