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7 October 2024 | 2 replies
There may also be local zoning or regulatory hurdles, so it’s important to ensure that dividing the property won’t create any compliance issues.
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8 October 2024 | 6 replies
So, ensure you have super powerful incentives from an REI-savvy attorney and an REI-savvy tax advisor prior to making this move.Some of our Clients have implemented this in the past (prior to working with us) and their businesses weren't large enough to justify the complications that come with this type of structure.Hope that help!
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6 October 2024 | 2 replies
- Could the seller be trying to hide potential major issues in the house by leaving no room for inspection results or could it be just ensuring not to disturb the tenant?
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8 October 2024 | 6 replies
It doesn't just skip 6 payments and tack it on at the end.When asking questions - ensure you're asking them of people who are knowledgeable in what you are asking.
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6 October 2024 | 5 replies
Ensure that the projected rental income from the multifamily property comfortably covers these expenses, along with any potential vacancies or maintenance costs.Interest Rates and Terms HELOCs often have variable interest rates.
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7 October 2024 | 8 replies
These studies can be pretty complex, and a third-party expert will ensure it’s done correctly and that you maximize your depreciation.
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7 October 2024 | 3 replies
It protects both you and the tenant, ensuring their personal belongings are covered in case of accidents.
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7 October 2024 | 22 replies
The hard parts are ensuring you can have a home that can be licensed for as many residents as possible (comfortably) and finding a well qualified operator to lease it to.
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9 October 2024 | 28 replies
An STR hot tub is a completely different beast. 1) Hotels and fitness centers have staff that are checking chemicals twice a day to ensure the appropriate balance is being addressed, STRs do not have that luxury.2) You can educate your guests all you want.
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14 October 2024 | 420 replies
He's brought on his own attorney, another business owner who ensures if the 'due on sale' clause is triggered when buying subto that he takes care of all the paperwork with the bank and title if needed, etc.The knowledge sharing is like no other.