AJ Wong
Super Jumbo Luxury Mortgage Loans, Lenders and Rates
24 May 2024 | 0 replies
Some general themes or characteristics of super jumbo mortgage loans are: - Lower LTV's (Loan to value) depending on the strength of borrower and property type very large loans can require 30-40% down.
Ian Tyndall
Deal / Property Analysis - How to maximize revenue potential?
24 May 2024 | 11 replies
Implement themed experiences like a "Movie Night" with popcorn and streaming access or a "Game Night" with popular board games.
Skyler Lehman
Property management Pricing
22 May 2024 | 19 replies
Regarding if you should DIY manage or hire a PMC:Many new investors read a couple of posts and then think self-managing their rental property, and avoiding PMC charges, is an easy way to boost their ROI.The reality, is that many of these investors really haven’t taken the time to properly understand what it takes to properly manage a rental property and the corresponding tenants.Here’s a list of some of the requirements to properly manage a rental property:Knowledge of all local municipality, state and federal landlord requirementsIntimate knowledge of all Fair Housing statutesUnderstand all federal privacy laws, as they’ll be handling social security numbers and IDsProper business insurance in the event their computer is hacked and or they improperly dispose of tenant data.Where to advertise their rental, other than ZillowWriting ads compliant with Fair Housing statutesCreating a process to accept calls/texts and schedule prospects to show their rentalA rental application and application fees that meet all local and state requirementsKnowing how to screen applicants to avoid professional tenants and the growing amount of fraudulent dataA lease compliant with all local, state & federal lawsUnderstanding local and state requirements regarding security deposit collection and holdingRent acceptance options for tenants and accounting system to track, including late fees, etc.Plans to handle nonpayment of rent issuesKnowledge of their local eviction laws or access to an attorney familiar with evictionsHow to accept, track and respond to tenant maintenance issuesBuilding a list of handymen and contractors for maintenance and turns between tenantsExpertise at evaluating tenant damages to charge against security deposit when tenants move outResearching local utility requirements to avoid suspension of services that could lead to frozen pipes or flooded basements, etc.
Matt Bowman
Paid help to furnish STR with pre-owned local deals
22 May 2024 | 6 replies
The whole house looks on-theme and inoffensive.
Josef Bryan Gerster
Airbnb Listing Help Needed
23 May 2024 | 11 replies
I recommend styling your tables, adding a theme and just making the property have more personality.
Petronella Kerssens
Tampa or Orlando That`s the question
22 May 2024 | 27 replies
Theme parks are still expanding and don't buy into the gloom about Disney and the political noise, that is a small bump.
John Haelig
Cashing Out in NJ - Sell, Hold or DST?
21 May 2024 | 10 replies
I did a 1031 for my 88-year-old father and turned some farmland into 3 other condos by the med school.
Landon Kohlrusch
Kris Krohn 50/50 Partnership Reviews
20 May 2024 | 7 replies
This is a common theme.
Mike S.
Why do I suddenly have no bookings on AirBnB?
20 May 2024 | 17 replies
I would add more decor that adds color and fits the theme of the area.
Joseph Skoler
Transfer real property from s-corp
20 May 2024 | 28 replies
More likely to run afoul loss suspension rules if they are leveraged.3. when you pass, the beneficiaries would get a “step up on the stock”, not the assets.