
4 September 2024 | 6 replies
How does one go about obtaining a basic floor plan of their AirBNB to submit to the city/county?

9 September 2024 | 8 replies
Basically you could only recognize up to 578K of business losses again other w-2, int/div income.

9 September 2024 | 12 replies
Putting less money into the property upfront would give you a greater return on your money because you're into for basically nothing out of pocket upfront!

6 September 2024 | 13 replies
To illustrate this, I have a 2/1 where the average and median guest count are exactly the same for 2023 and 2024.

8 September 2024 | 6 replies
It is an older home, and would be hard to move walls around to make space without basically taking the whole house apart.

5 September 2024 | 15 replies
Below is a diagram illustrating the three main tenant segments in Las Vegas.If you unknowingly purchased a property that attracts the Transient tenant segment, turning a profit will be nearly impossible due to high vacancy costs.

9 September 2024 | 52 replies
I guess that would mean each property would basically be used as income for that year, then?

9 September 2024 | 28 replies
Ethan touched on the points you basically want to solve their problem and present yourself as a great solution.

5 September 2024 | 11 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

5 September 2024 | 13 replies
Our process is illustrated below.Below are step detailsChoose an investment location.