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27 December 2024 | 8 replies
LOVE offering my Airbnb guests amenities like a pool, spa, sauna, laundry, picnic area, etc; without having to personally maintain those items.3.
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28 December 2024 | 12 replies
We've considered offering a discount for doing so but so far we haven't because for the most part everyone pays on time with no issues.
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24 December 2024 | 2 replies
You have engaged and paid securities attorney and are compliant with Reg D offering
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24 December 2024 | 24 replies
If you are just partnering on a deal by deal basis then one attorney that both parties feel comfortable with is probably sufficient.
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26 December 2024 | 9 replies
Are they offering Disney plus in their listings or other paid subscriptions?
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18 December 2024 | 23 replies
Depends who you ask and how secure you feel about your income On the one hand being debt free is great, but leverage allows us to build our wealth quicker.RE investors are notorious for being cash poor, so I would avoid thatIf youre able to comfortably save 100k a year and have enough reserves, I think buying leveraged properties is the best way to scale.You could kill two birds with one stone theoreticallyThey say paying an extra month a year towards principal saves you 7 years on a 30 year fixed mortgageUsing that logic you can add 2+ months a year on your primary, and buy 1 property a year and keep enough reserves.
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23 December 2024 | 13 replies
@Jake Andronico A reverse 1031 exchange allows you to buy a replacement property before selling your relinquished property, offering flexibility in competitive markets and deferring capital gains taxes.
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24 December 2024 | 14 replies
@Tar-U-Way Bright Using your LLC for real estate ventures offers legal protection and tax benefits.
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25 December 2024 | 11 replies
If one or more units are vacant, the remaining units often don’t provide enough cash flow to cover expenses, making it harder to meet operating costs.Maintenance costs: A fourplex comes with four times the appliances, plumbing, HVAC systems, and other components to maintain, leading to significantly higher repair and maintenance expenses than single-family homes.If you want to see the detailed calculation, read this BP blog - More Units Doesn’t Mean More Money—Why a Single-Family Home Can Beat a Fourplex.Resale value: Multi-family properties have a limited buyer pool—mainly investors—who base their offers on CAP rates.
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25 December 2024 | 12 replies
We are looking for 3 year lease if that is acceptable with you.My initial reaction was to decline this offer.