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25 February 2025 | 21 replies
Financing is also easier since lenders prefer predictable rental income over the fluctuations of STRs or MTRs.Short-Term Rentals (STRs) and Mid-Term Rentals (MTRs) can be lucrative but require more hands-on management.
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20 February 2025 | 2 replies
Lastly, land development requires solid planning and capital, so getting the right development loan with flexible terms will be vital for success.
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28 January 2025 | 9 replies
This figure includes allowances for heat, electric and any other utility that the tenat is required to pay and this is deducted from the FMR.
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26 February 2025 | 3 replies
It will take some work and flexibility on design, but it isn't that hard.Here is a pretty good article on the subject of furniture depreciation - https://www.business-accounting.net/how-to-depreciate-furnit...Get with your CPA to make sure you meet all the requirements.
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26 February 2025 | 4 replies
Work with a CPA familiar with SDIRA tax implications to plan accordingly.Private Placement Memorandum (PPM) review – Ensure the syndication allows for IRA participation and that the deal structure aligns with IRS rules.Direct Purchases with Non-Recourse FinancingLender requirements – SDIRAs can only use non-recourse loans, meaning the property secures the debt, and your IRA isn’t personally liable.
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11 February 2025 | 4 replies
Freddie also requires that the borrower loan guarantors demonstrate prior multifamily experience.
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24 February 2025 | 16 replies
It's a very expensive repair (ballpark $15,000) and the cost depends on how long the sewer line is.A lot of municipalities here require dye tests and occupancy inspections.
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24 February 2025 | 5 replies
Verify income: Always make sure they make 3 times the money required monthly for rent.
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24 February 2025 | 1 reply
For example things such as how to handle certain soil conditions, working with certain agencies, specific water quality requirements (which you mentioned).
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7 February 2025 | 6 replies
-Structural (foundation, wall, ceiling and floor)-Roof and Exterior(Roof Condition,Gutters and Downspouts, Siding, Windows and Doors)-Plumbing (Water Pressure,Leaks, Drainage, Pipes)-Electrical (Wiring,Outlets and Switches,Breaker Panel, Lighting Fixtures)-HVAC(Air Ducts, heating and cooling)-Water and Moisture Issues(Attic, Mold and Mildew)-Kitchen and Appliances-Bathrooms-Pest and Insect Problems-Safety Features