Have a few properties fully paid off, earmark 50% of the revenue as future capex repairs, other 50% has FCF.

Good Morning all, am in the process of selling my coop first per loan officer and will be buying coop (2bedroom) pending sale of unit on contract we signed- my question is when I do my taxes will I be hit with anything ?

Also, it depends how good of a deal you get and how good an operator (or the one you work with) are.Assuming you buy the "right" property in the "right" place overseas, you'd typically have a higher unlevered ROI overseas because a) a like-kind property would be cheaper and b) the (high) season could be longer and therefore the revenue higher.The US used to have the advantage of the financing (availability + interest rate).

If they drop to 2008 prices, I'll be one of the first ones lined up making an offer lolNot sure about commercial RE with some vacant office spaces and businesses (what were stores and food places) here but there are still are still lots of businesses here ya and office buildings in SF are in free falls as well.. office is the hardest hit segment..

Sergio, did you bug my office?

There are STR specific DSCR loans that account for the previous revenue if you are buying one that has been going already.Read Avery Carl's STR book from BP and also follow Bill Faeth, Kenny Bedwell, Taylor Jones to start with to get an idea of what is happening in STR right now.

Here's why:With a DSCR (Debt Service Coverage Ratio) loan, you can leverage the rental income from the property—like the $4,800/month rental revenue—instead of relying on the seller's personal credit or income.

A lot of this happened during Bush's terms and some of those running for office now are talking about doing it again which will make the problem worse.

SFH's can carry more risk as you can quickly lose 100% of your revenue if a tenant stops paying, but they also generally come with more tenant stability.

Costs were low and revenue was high.