
30 October 2024 | 4 replies
I agree with Jonathan, MTR are turning into more then just nurses, its insurance, big companies putting up their C level to just people looking to stay longer in a area and want a nice place to call home without a fixed lease.

29 October 2024 | 6 replies
The problem with midterm and longterm is that you are obligated to extend the lease up to 3 years if the tenants wants to because midterm leases are under the same rules as long term.

28 October 2024 | 34 replies
Currently I’m operating it as a STR, but I need a new cleaner and the quotes I’m getting are in some cases double my nightly rate, and the amount it grosses is only slightly more than what it will do as a LTR.

30 October 2024 | 0 replies
Fee simple lots provide greater flexibility than multifamily projects under one parcel.4) Kimberly Byrum - Lease-Up Rates by Asset Type:Garden Style Multifamily: 18 units per monthBTR Cottage Style: 12 units per monthBTR SFH Detached: 8 units per month5) John Jones (BBL Building) - Efficient and thoughtful design remains the best way to reduce costs.6) Tony Benge Margins are comparable between garden style multi-family & BTR, but BTR is in much higher demand.It was a great turnout, excited to see the BTR sector’s growth between now and next year’s event!

30 October 2024 | 28 replies
We used to own all of our houses but are about 50/50 lease vs. own, mainly because leasing allows us to move faster when opening additional houses.

30 October 2024 | 12 replies
The tenant is less likely to trash a place or violate the lease if you hold a large chunk of money.

29 October 2024 | 2 replies
It has been a couple days and have not seen an answer.If you own a rental property and you have a signed lease at the minimum of 1+ year, does that rental property mortgage (traditional investment loan) still count against your DTI?
30 October 2024 | 1 reply
The IRS requires the hours to be specifically in real estate trades or businesses, which typically means activities directly related to owning, developing, operating, or managing real estate properties.IRS Publication 925 outlines what counts as real estate trade or business activities, like development, construction, acquisition, management, leasing, and rental operations.

1 November 2024 | 17 replies
If the latter, there are lenders out there that will use your actual rental rates as long as you have lease agreements, 2 months of rental receipts, and the actual rent is within 20% variance of the market rents on the appraisal.