
17 June 2024 | 8 replies
The place where a man makes his home, or where he dwells permanently or for an extended period of time.

18 June 2024 | 121 replies
(Lack of money period in 85% of the transactions).3.

16 June 2024 | 4 replies
No one that I know of (ever in 33 years) will lend based on the ARV over Cost over that first short period of time.
16 June 2024 | 5 replies
We've had some of them take units for longer periods and just stay there the 7 days that they're in town.

17 June 2024 | 9 replies
Your agent should have advised a due diligence period to review info on leases, security deposits, rent history, etc., and that one unit would be vacant by closing if using an owner occupant loan.

17 June 2024 | 13 replies
After the 3 year redemption period you need to do noticing, file law suit, get a judgement but instead of taking ownership of the property like you do now, the new system will cause it to go to a tax deed sale to the highest bidder.

16 June 2024 | 11 replies
As you write checks and make deposits your income tax return is preparing itself.At the end of the tax year print a simple Profit and Loss report for the time period and hand it to your bookkeeper or CPAYou still need to keep receipts for seven years or so but the works does itself as you write and code each check.Even if you file as an LLC, Partnership or corporation your CPA will thank you.

12 June 2024 | 16 replies
Pregnancy is covered under Fair Housing laws (familial status), so not renting to her (or treating her differently) because of her pregnancy would definitely be prohibited.

17 June 2024 | 15 replies
On the flip side, multiple MTR/STRs in other areas could yield higher cash flow, especially in tourist-heavy or affordable markets, but managing dispersed properties can be challenging, with considerations like vacancy periods and potential property management costs if you opt out of self-management.