Timothy Frazier
Hard Money Loan
15 January 2025 | 8 replies
This can put a significant strain on your finances and cash flowThey also often require a large down payment themselves and may have a strict repayment schedule that can be difficult to meet, especially if there are unforeseen circumstances or delays in renting the property or generating income from itIn addition, relying on this type of loan may expose you to higher financial stress and the possibility of default if you are unable to meet your loan obligationsThe final decision depends on your overall financial situation, risk tolerance, and your ability to manage the associated costs and obligations
Jeremy Beland
The Crazy Title Issue That Almost Ruined Our Deal – But We Got Creative!
13 January 2025 | 0 replies
In New Hampshire, title laws are strict, so we couldn’t move forward without obtaining a signature from a living heir.The title company dug deep and eventually located a distant relative—a niece of the deceased owner, two generations removed.
John Gillick
1031 leverage question on partial sale
15 January 2025 | 11 replies
While there's no strict requirement to match the original mortgage terms, reinvesting the full proceeds without financing or using leverage to enhance returns is key.If you don't reinvest the full amount, any shortfall ("boot") will be subject to capital gains tax, and depreciation recapture may apply.This post does not create a CPA-Client relationship.
Ian Russell
1031 exchange question
15 January 2025 | 3 replies
Or do I need to do it strictly as an investment property?
Ryan Rubel
Short-term rental purchase, north county coastal. How realistic is this plan?
4 January 2025 | 5 replies
Quote from @Brandon Foster: Hello Ryan,STR is do able in the north county area but there are a lot of rules and regulations.The city of Oceanside right now will not allow anything STR unless it’s west of pacific coast hwy.This is changing a lot too so you need to be aware of that in your plans.Carlsbad is super strict too but there are some condos that are still available to do STR in.Medium term rentals are as safer bet but way less profitable.
Julie Muse
Grainfield Gem: Partner Driven & Amanda Frecks Flip Main St for Big Gains!
8 January 2025 | 0 replies
One key takeaway from this deal was the importance of sticking to a strict renovation budget to maximize returns.
Rashid Ghafoor
New MLO Looking for mortgage broker sponsor
29 December 2024 | 5 replies
My question is, If one is to be strictly commission based, Is finding a broker with mortgage industry similar to finding a broker with real estate?
Joanne Quezada
Room Rental - 4/2.5
9 January 2025 | 1 reply
So, here’s my question.. do you think you’d be more comfortable taking the DIY approach with strict guidelines, or might a property manager give you the peace of mind you need?
Ken Latchers
Booking.com. insane not to use.
9 January 2025 | 59 replies
I use strict / flexible cancellation policy.
Andrew Slezak
Quitclaim to LLC?
4 January 2025 | 4 replies
We have since relocated and the properties are strictly used for rental.