Ivan Smith
Eviction advice needed in Phoenix, AZ
7 November 2024 | 15 replies
In my state if the tenant requests I would have to hold the items up to 30 days but then storage fees could kick in.
William HooFatt
Evicting Tenant in Alexandria VA - Should I get an attorney?
5 November 2024 | 22 replies
the fee is probably tax deductible as a business expense.Let us know the outcome!
Justin Brickman
Pros, Cons and recent regulations of STR investing in San Antonio
4 November 2024 | 4 replies
This is particularly beneficial in popular tourist areas where demand for short-term lodging is high.Flexibility: Owners can choose when to rent their property, allowing them to use it personally during off-peak times.Support for Local Tourism: STRs provide a unique lodging option for tourists, helping to boost the local economy by attracting visitors who may prefer a home-like stay over traditional hotels.Diversification for Investors: STRs provide real estate investors with an additional income stream, especially if they own properties in tourist-heavy areas.Cons:Strict Regulations and Higher Fees: San Antonio recently updated its STR regulations.
Jennifer Haliday
Real Estate Categories
4 November 2024 | 17 replies
Mainly finding housing that I can profit from with an assignment fee.
George Bell
How to structure LLCs for rental portfolio
5 November 2024 | 28 replies
CA has $800 LLC fees, and you will have additional expenses of tax filing etc.
Ramatu Kuyateh
Need assistance in understanding the investment process from one state to another
6 November 2024 | 7 replies
Some communities have CDD (community development district) fees.
Dave Vona
Is SFR investing worth the return? An IRR analysis
8 November 2024 | 22 replies
For simplicity, I did not include closing costs or loan points in the purchase price numbers, but did include a fee of 10% of the sale price to cover closing costs, commissions, and minor repairs.ModelsBelow are two tables showing the IRR for the traditional rental, using a 20% down payment, and the BRRRR models using a 75% LTV loan.
Deepak Malhotra
Line of Credit on Property in LLC
4 November 2024 | 19 replies
Which banks are allowing low fee HELOCs on properties in LLCs?
Krystle Glass
Padsplit Model in Lithia Springs GA
5 November 2024 | 6 replies
I would not do any more renovation without consulting them and what they will require you to do.Padsplit does not allow pets except for service and ESA animals.As I understand it, parking space is an add on fee to renters.
Harika Tumula
Your thoughts on buying a townhouse in Greenville, SC
4 November 2024 | 7 replies
Key things to keep in mind with your numbers are:Rent should be > PITI (principal, interest, taxes, & insurance) + maintenance + vacancy + capex + property management fee.