Jose Saladin
First Investment Idea - Tell me all the holes
13 February 2025 | 8 replies
If not rented at fair market rent, this property will just count as your residence, not a rental for tax purposes.Structuring the property under an LLC or land trust could trigger a due-on-sale clause, so check with the lender before proceeding.To minimize risk, consult a CPA for tax strategy, weigh financing costs, and draft a legal rental agreement.
Hiram K. Ortiz Rodríguez
Introduction- New Investor
6 February 2025 | 7 replies
I recommend checking out Columbus Ohio especially for multifamily.
Linda Thomas
security deposit deductions letter
2 February 2025 | 5 replies
I explained the process and how I have 30 days to either send check or itemized letter with deductions.
Itay Heled
Designer for airbnb
29 January 2025 | 8 replies
Get a gander at your competition and see what they are offering and take it up a notch.You might check Fiverr or TaskRabbit (not sure for interior designer) and see who is out there.They should be able to help you out remotely and without spending a ton of dough.
Alyssa Abegg-Garcia
Indianapolis neighborhoods for cash flow and appreciation
6 February 2025 | 4 replies
Check parts of 46208.......around Butler University
Sean Overcrest
Seeking Advice on Property Transfer Options & Tax Implications
5 February 2025 | 0 replies
I've also consulted with a lawyer but wanted to check if anyone else has ideas about how best to go about this.
Joel Bechtel
Automating Multifamily Deals – Licensing Opportunity for Investment Groups
14 February 2025 | 4 replies
We’re currently using it for multi-family properties in a few core markets.While redIQ is a much more sophisticated tool that focuses on properties with over 50 units, our system is perfect for properties up to 50 units, providing an efficient solution for managing lead intake and financial analysis without the complexity of larger systems.Here’s how it works:Lead Intake & Processing: Automatically processes broker emails and key documents (OMs, Rent Rolls, T12s, etc.).Quick Review: Evaluates leads based on key metrics like IRR, price per unit, and more.Detailed Analysis: Extracts data from documents, evaluates financials, and identifies additional income sources.Market Research Integration: Automates checks on flood zones, demographics, school quality, etc.Deal Tracking: Uses Google Sheets to visually organize lead data—while not a full database system, it provides a simple and efficient way to store and track deals without the need for a full-fledged database like MongoDB.Financial Analysis: Built-in underwriting and financial modeling with automated reports.In addition to ZCG, I also own a portfolio of properties.
Diana Mulvihill
Debating 7 vs. 9 Guests for My STR’s Peak Season to Pay Off Startup Debt
12 February 2025 | 17 replies
Another way to look at this is......1) figure out what you want to make as a net profit, 2) Do a quick check to see if this is within local averages, 3) Set your pricing at that higher rate, but keep your occupancy lower.You make the same money with less effort or risk...This might not work everywhere, but it's certainly worth a try.
Jai Windish
Central Illinois Rookie
30 January 2025 | 12 replies
Check out the rookie podcast forum, you will gain a lot from it.
Henry Clark
Self Storage- Marketing- 2024 review
13 February 2025 | 3 replies
Your always right even if you're wrong.Let's check next year if we made more profit or if our Occupancy% declined.