John Underwood
No tax on Tips for Rental Income
31 December 2024 | 12 replies
Quote from @John Underwood: LOLI'm certain they will add restrictions to prevent people from doing this.
Dwayne Rowe
Accessing equity from multiple properties
31 December 2024 | 11 replies
Quote from @John Morgan: I’d do individual cash out refis on them to scale up.
Erica Dike
Design Dilemmas: What's your biggest struggle with designing your vacation rental?
3 February 2025 | 26 replies
Quote from @John Underwood: Did not have any dilemmas.
Rafael Valdor
Renting out my townhouse: DIY vs. PM vs. Realtor
11 January 2025 | 14 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!
Mark Lewis
Belleville Illinois Investing
31 December 2024 | 18 replies
Now, that meetup is in South County, on the MO side, but brings in folks from Belleville, Fairview, Collinsville, Cahokia, and all over the St Louis area.Now, there is a monthly GRID meetup in Edwardsville that brings in folks from the metro-east, as well.Generally, going to any real estate meetups in the St Louis area will find you someone who also invests in Belleville.I also invest in Cahokia, John.
Gregory Schwartz
What is a good occupancy rate for MTR
9 January 2025 | 8 replies
Quote from @John Underwood: 100% occupancy for a LTR is normal.
Mordy Chaimovitz
Crazy prices on 2 and 3 flat buildings in chicago
13 January 2025 | 11 replies
Quote from @John Warren: @Mordechai Chaimovitz cap rates and NOI are commercial real estate terms, and 1-4 units are not really valued in the same way.
Mary Jay
Cash flow is a myth? Property does not cash flow till its paid off?
3 February 2025 | 79 replies
I'd actually say the opposite for many parts of the country - I would wager that taxes and insurance outpace rent growth.
Marc Shin
Airbnb first photo tips - what should be on the first photo?
31 December 2024 | 14 replies
Quote from @Marc Shin: @John Underwood how's this for a first photo?
David Cherkowsky
Loan Option Advice for House Hack in Alexandria VA
5 January 2025 | 17 replies
Quote from @John Burke: Quote from @David CherkowskyNot necessarily that you'll have to bring money to get the LTV down but you will have closing costs on the new loan that you should be able to roll into the new loan.Do you have other debt that you can pay off to get your DTI under 50% instead of putting 20% down?