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28 January 2025 | 42 replies
I also broker ALR's in Colorado, and create deals in which I connect operators with landlords looking to lease option the properties.PM me so we can connect!
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9 February 2025 | 18 replies
Both my wife and my background is in manufacturing, specifically operations, customer service, and project/account management.
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28 January 2025 | 1 reply
For real estate investors, that means lower operational costs for managing properties and cheaper construction expenses.
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4 February 2025 | 7 replies
Once the home is a rental, you can deduct operating expenses like property taxes, mortgage interest, insurance, and depreciation (over 27.5 years for long-term rentals).
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28 January 2025 | 8 replies
You'll most likely still need a coborrower at first, but may be able to refi them out of the deal in a year or two once you have qualifying experience and operating history - then you can likely use all of the rental income towards your gross income.
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25 January 2025 | 32 replies
And there are some great multifamily operators out there and then there are others.
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29 January 2025 | 9 replies
They'll probably also want to be sure that you are competent to operate the property afterward, because their reputation is tied up in who they do business with, and it's bad for everyone if the property becomes devalued.
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24 January 2025 | 4 replies
Your best bet would be to connect with local operators and ask them.
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16 January 2025 | 11 replies
If you are a STR operator how do you deal with remitting and paying tax?
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28 January 2025 | 12 replies
I think it's great to have it in black and white on a spreadsheet and to have an operating timeline.