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1 May 2024 | 56 replies
I would put a date on it for compliance, or note that I would be pursuing the matter through appropriate legal channels.
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29 April 2024 | 3 replies
A few suggestions:Get a Job, Borrow from Parents/relatives, Get a partner for the deal, or (trigger warning: not PC) renounce US citizenship, cross the border illegally, and get all the government money you need.
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29 April 2024 | 14 replies
Each STR property I acquire must meet two financial benchmarks: a gross rent multiplier (GRM) of 5 or less [Property value divided by projected income must equal 5 of less], and compliance with the 1% rule as LTR, which serves as a backup if regulations shift or if there's a decline in STR income.
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29 April 2024 | 9 replies
Just make sure you do your due diligence before pulling the trigger.
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28 April 2024 | 20 replies
Once the lender receives the new insurance policy to properly insure the new owner, that is what triggers thr due on sale clause.
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28 April 2024 | 6 replies
Run the numbers and if they make sense, pull the trigger.
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28 April 2024 | 11 replies
Keep up compliance with all legal and regulatory requirements for LLC ownership, such as upholding state law duties, filing yearly reports, and keeping separate financial records.
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28 April 2024 | 3 replies
Sprinkler systems are a pain to deal with, in terms of maintenance (inspections etc) and risk of flooding during winter freezes and tenants accidentally triggering them.
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26 April 2024 | 1 reply
I've scoured the internet for an answer as well as emailed my compliance officer but haven't gotten an answer.
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30 April 2024 | 99 replies
In the process of you pulling the trigger on this property..How many other properties did you look at before deciding on this one?