Gregory Schwartz
What is a good occupancy rate for MTR
9 January 2025 | 8 replies
It also depends on the subject property.
Gamal Harding
Property Management is Much More than Collecting Rent…
23 December 2024 | 9 replies
Use a tiered approval process to give them control over larger expenditures while enabling quick resolution of smaller issues.2.Proactive Maintenance: Implement preventative maintenance programs to reduce costly emergency repairs and extend the lifespan of property systems.3.Monthly Reporting: Deliver detailed monthly financial statements that outline expenses, rental income, and ROI performance.By handling their funds with care and providing transparency, trust is built with owners, ensuring they feel confident in the relationship.Making Tenants Feel HeardHappy tenants are the foundation of long-term occupancy and reduced turnover.
Daniel Chen
Section 179 Question for rental business
4 January 2025 | 11 replies
Generally if you only have a handful of rentals and you are fulltime doing something else (a W-2 job), it'll just make sense to claim the standard mileage deduction - @David Orr did a good job outlining all the related nuance to that.
Cristi Lucas
Business wants to rent apartments
24 December 2024 | 1 reply
In those cases, the main criteria we add to our lease is that everyone that comes to stay there must be subject to a background check paid by the company.
Claude Diehl
Sell a Solo 401K property with owner financing
23 December 2024 | 6 replies
Interest Income: The interest income generated from owner financing is considered passive income and is not subject to UBTI (Unrelated Business Taxable Income).3.
Tyler Bolton
LLC versus personal umbrella policy for Indianapolis SFH rental
12 January 2025 | 7 replies
There is statutory, and Fannie/Freddie guidelines, that explicitly exempt these transfers from being subject to the Due On Sale Clause...asset protection/estate planning purposes are covered.Why Use LLC when an Umbrella Policy Does the Same?
Steven Rosenfeld
What do you think of syndicate sponsor Goodegg Investments?
11 January 2025 | 50 replies
The biggest piece to me would be understanding how the priorities of those share classes play out, which should be outlined in detail in the sub docs and waterfall.
Nicholas Dillon
Am I Correct About the Way I'm looking at the BRRRR as We Begin 2025
30 December 2024 | 2 replies
Put together a spreadsheet and compare the performance of the subject property if you keep renting it as is for the next 10 or 20 years versus if you rehab and refinance.
Steve K.
Anyone Else Fed Up With Loan Servicing Companies?
8 January 2025 | 33 replies
It would not surprise me if they were acquiring the paper and servicing rights to take an inside line on refi's for these customers if rates decline.Actually CFPB regs may NOT apply if the subject loans are investment or commercial property loans and not SFR owner occupied or consumer loans.
Richard Ferraro
Do I Need to Save Additional 2-3% for Buyers Agent?
16 December 2024 | 7 replies
The buyer agency will outline the commission but I always ask the sellers to pay my buyer agent commission.