
26 November 2024 | 1 reply
I recently learned that income earned through Airbnb often doesn’t qualify as eligible income when applying for a second mortgage.For those of you who’ve used Airbnb as part of your house hacking approach, how did you navigate this issue?

26 November 2024 | 8 replies
You need a proof of funds or a pre-approval to go with any offer so if it's hard money, they will issue a letter.

28 November 2024 | 26 replies
So percentage wise Jacksonville has seen a crazy amount of new supply being delivered which has affected rents.We also manage a portfolio of new construction homes in Palm Coast and Palm Bay and rents for those homes have dropped $25-75 depending upon floorplan and submarket and they’re taking longer to lease up compared to 2 years ago.A lot of Florida is having similar issues of stagnating or dropping rent, but it definitely depends on market, submarket, asset type, etc.

25 November 2024 | 2 replies
Henry great perspective on the container issues..

26 November 2024 | 25 replies
The biggest issue is most of these "gurus" that get new wholesalers involved teach them to be deceptive when they approach realtors.

26 November 2024 | 6 replies
Do other investors/marketers have the same issue?

27 November 2024 | 16 replies
The “first-come, first-serve” urgency might be their style, but without a timely responses, it could signal future communication issues down the road and frustration on your end.

2 December 2024 | 21 replies
They will normally have some pre-payment penalties in the first couple of years but if you are keeping long terms that's not an issue.

28 November 2024 | 10 replies
Many investors do this and don’t see issues, but it’s best to proceed carefully and know there’s some risk.You don’t necessarily have to inform the lender, but it's wise to consult a real estate attorney or CPA to guide the process and minimize risk.

26 November 2024 | 4 replies
Here is a detailed look into this issue:https://www.biggerpockets.com/forums/51-tax-legal-issues-con...