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28 January 2025 | 4 replies
The rest of the proceeds will go to the previous owner.
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24 February 2025 | 27 replies
If you are buying cashflowing properties, your DTI should improve with every property.
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13 February 2025 | 35 replies
Take that for what it is.I like markets as an investor and business owner with median pricing close to or below the median average for the nation.
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24 February 2025 | 1 reply
I like that OwnerRez has a property management component should I decide to offer management for STR units of others at some point in the future.
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7 February 2025 | 4 replies
@Brett K. we manage in Class C areas, so have to deal with this a lot.Options:1) Boardup - pretty useless as easy to rip the off and advertises the property as vacant.2) Armor Guard door frame reinforcement with temp double-key deadbolts.
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19 February 2025 | 20 replies
Commercial deals take longer and are all about relationships, so connecting with investors, brokers, and property owners is key.
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25 February 2025 | 0 replies
I know if it were in the US I would explore a seller financed deal where we write a 15 year note for the property so that we essentially pay our cousins in monthly installments and take over control of the property.
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29 January 2025 | 4 replies
Rent payments from the medical LLC are fully deductible as a business expense, while the property-owning LLC will report the rent as taxable income, which can be offset by deductions for expenses like mortgage interest, property taxes, maintenance, and depreciation.To ensure compliance, document how FMV was determined—using market comparisons, an appraisal, or similar data—and draft a formal lease agreement outlining the terms, rent amount, and responsibilities.
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14 February 2025 | 1 reply
I can do title research on my own, I've dealt with property management companies, and I've dealt with all kinds of real estate related litigation (adverse possession, title defects, foreclosures, HOA disputes, evictions, to name a few).
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4 February 2025 | 5 replies
The property has a decent-sized lot with a carport past its shelf life.