Harrison Jones
Building a Long-Term Affordable Housing Strategy
31 December 2024 | 20 replies
Early on, rents would remain market-aligned to ensure the portfolio generates the income needed to cover expenses, pay investors, and reinvest in expansion.
Anjali L.
SSN for tenant
4 January 2025 | 6 replies
Additionally, ensure that all necessary notices for filing an eviction have been posted and properly documented in your records.
Ryan Marble
Buying land and building the multifamily residence???
12 January 2025 | 5 replies
Another note on construction cost, going vertical is very expensive now and would require have a great connect with a developer and a builder in the area.See what rents are in the area and run the numbers to ensure the rents will cover your costs and give you a solid return—using the 1% rule can help.
Sabian Ripplinger
should i use hard money to grow quicker
22 January 2025 | 6 replies
There are hundreds of hard money lenders out there, ultimately I'd work with someone who has time to focus on ensuring you get a tailored mortgage instead of a cookie cutter solution.
Ronit Lodd
Best Property Management Software to Scale to 10+ STR Listings? + Direct Bookings
21 January 2025 | 9 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
Zachary Kotiadis
*Using an FHA loan, can I move during the first year?*
17 January 2025 | 9 replies
If you do have to move because of a job, you would be safest (in my opinion, i am not giving legal advice or financial advice), i would sell that property to ensure that you did not just purchase with the goal of moving out early and taking advantage of lower rates and lower down payments for purchasing your home as a primary residence.
Chad Jones
HELOC to fund a rehab?
20 January 2025 | 9 replies
Just make sure to run the numbers to ensure the rehab costs align with your cash flow goals for the rental.
Josh Nelson
Sold 2021Family Home Converted to a Rental
4 January 2025 | 0 replies
We lived in the property for 2 years and rented for 2 years to tenants, so by selling now, we ensured that we could avoid capital gains taxes.
Brett Riemensnider
Seeking Advice on HELOC’s
13 January 2025 | 11 replies
The key is to ensure the HELOC doesn’t turn into a long-term financial burden if the partnership doesn’t pan out.
Adam M.
Cost for a Tax Specialist
13 January 2025 | 7 replies
Thank you, Adam Hey Adam, obviously Bias here as we are accountants, but yes with three properties is definitely worth hiring a CPA or tax specialist that focuses on real estate to ensure all your taxes are filed compliantly, properly, and you're getting all the deductions possible.