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Results (10,000+)
Ben Einspahr Using STR/MTR income to qualify for my next house hack
14 September 2024 | 10 replies
So STR loophole there are personal use limitations: To avoid having the property classified as a "residence," which limits your ability to claim rental expenses, your personal use of the property must not exceed the greater of:14 days per year, or 10% of the total days the property is rented at fair market value
Maciej G. Tenant threatens to sue me for $20 000
15 September 2024 | 61 replies
Please provide adequate validation of this alleged debt, including but not limited to documentation of:Complete payment history, the requirement of which has been established via Spears v.
Marc Shin Purchasing first investment property
14 September 2024 | 7 replies
@Marc ShinI'd hire professional management...If it's going to be an STR, you really need it to be top notch, appear top notch, and be managed top notch"Minor updates" may not cut itBut I only have the limited information you posted
Michael Lamb How to Determine Market Rent
13 September 2024 | 7 replies
There is very limited supply of active listings and nothing comparable.
Raja Shine Tenant moved out breaking lease; default on rent since move out.
15 September 2024 | 7 replies
DEFAULTS Tenant will be in default if: (A) the Tenant don’t timely pay rent or other fees and charges they owe; (B) Tenant or any guest or occupant violates this Lease, property rules, or fire, safety, health, or criminal laws, regardless of whether or where arrest or conviction occurs; (C) Tenant abandon the property; ....When Tenant is in default, the Landlord has the option to declare the entire balance (all outstanding balances including but not limited to invoices, rent, cost due to damages/abandoning the property) payable hereunder to be immediately due and payable; the Landlord may exercise any and all rights and remedies available to Landlord at law or in equity and may immediately terminate this Agreement.XVI.
Robert Quiroz Resources when starting out
13 September 2024 | 4 replies
It’s not the big cash flow market but with people and companies coming from CA combined with limited to no building it’s going to continue with 6-10% equity growth.
Lily Wang Is it really possible to charge 2 to 2.5 times more for furnished MTR compared to LTR
16 September 2024 | 24 replies
Yes, there’s upfront risk, but with smart sourcing, furnishing costs can be lowered, and the margins can be better than they seem, especially in high-demand areas.Co-hosting and property management are solid alternatives, but they limit upside.
Charlene Livers What are your experience with Funding Options?
13 September 2024 | 2 replies
DSCR is a great option if you have debt to income limitations.  90% of my clients use the 10% down second home for STR’s
Danielle DeCormis Quit Claim Deed to LLC Tax/Legal Question
13 September 2024 | 11 replies
I am looking to purchase a property that falls under the minimum limit for DSCR but qualifies for a conventional loan.