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Results (10,000+)
Cody Z. Short Term Rental Co-Hosting & Management Fee Survey
5 August 2024 | 27 replies
Hey @Cody Zucker,I manage STR's in Central FL.My fees range from 15%-25% for full service depending on expected revenue.I will say majority of owners that would qualify for a 25% management fee with me opt to self manage or go LTR due to the fact there isn't any cash flow.My average fee is 20% for full service.
Anita Parsa Cons for selling our house to our LLC?
3 August 2024 | 3 replies
Please be gentle; I'm new at this and it's pretty complex :)Structure / Legal Details- we'd establish market value through a combination of comps from local real estate agent and an appraisal- attorney would establish all required "arms length" aspects including a mortgage at a minimum standard federal rate- LLC would pay us back based on a standard promissory note over 30 yrs Pros of selling to the LLC (I think)- A sale now would be the only time we'd be able to take advantage of the cap gains exclusion on this house bc we won't qualify for the "live there 3 of 5 years" rule due to the timing of our lease and our last time of residence. 
JD Martin Tax implications for seller financing to my current tenant
3 August 2024 | 10 replies
They've been good tenants but don't have any real means to qualify for buying the house in the traditional sense.
Michael Guido Anyone hear of Vestright land deals
6 August 2024 | 49 replies
As a Realtor/ Investor I’m involved with many kinds of deals and one area I had been lacking was qualified education in land and development.
Account Closed Private Lender w/ low rates for high LTV
3 August 2024 | 13 replies
I'm in a situation where i'm newly self employed (1.5 years) so dont have enough tax records to qualify for FHA lending. 
Sean Wilt HELOC out of STVR Property
2 August 2024 | 5 replies
Marked Rentals LLC, for instance, provides flexible loans with fast approval and can be a great option for real estate investors like you.Home Equity Investment: Some companies offer equity-sharing arrangements where they invest in your property's equity and you get a lump sum without taking on debt.Business Line of Credit: If your STVRs are operated as a business, you might qualify for a business line of credit, which can provide the flexibility you need for fix and flip projects.Feel free to reach out if you need more detailed information on these options or if you have any questions about flexible financing solutions.Best,Stacey Wells.
Monica A. When to sell rental property to qualify for 2 out 5 capital gains exemption?
30 July 2024 | 3 replies
Before that it was primary residence since January 2019.Do I need to sell it this October to avoid capital gains tax to qualify for 2 of last 5 years exemption for capital gains (up to 250K single, 500K married filing jointly)?
Jeff Stevenson Question about LLCs for residential mortgages
2 August 2024 | 5 replies
@Jeff StevensonYou really should consult a qualified professional or two, specifically at least attorney.So far, your lender is correct that legal entities, such as LLC's, are not eligble for conforming residential loans. 
Account Closed Getting started in real estate
2 August 2024 | 15 replies
I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.
Account Closed Quitting everything for full-time investing, big mistake?
2 August 2024 | 19 replies
You don't necessarily need a w2 for active income it can also be anything else like self employment works too you just have to wait one year of tax returns but run your business for at least to years to use it and make sure you don't write off too much as you want to be able to use the income to qualify for a mortgage.