Mitch Davidson
New STR Restrictions Coming for the Asheville Area
17 January 2025 | 40 replies
They originally wanted to phase out STRs with deed transfer, but the complexity and lawsuit risk of that verbiage had them change to this.
Gregory Beaty
FreedomSoft Scam!
27 December 2024 | 22 replies
Originally posted by @Justin Elliott:Think I am going to give Freedomsoft a try, will keep you guys updated in the following weeks of how it goes.
Jason Gray
First shot at Air BNB in the Yosemite Corridor...
31 December 2024 | 4 replies
Intent is to get the foundation blessed off by a Civil Engineer and save about $15K in foundation costs as the original design was for a 3400 sf house.
Michael Palmer
Reasonable Construction Loan Terms
21 December 2024 | 10 replies
@Michael Palmer As a general rule of thumb bank originated construction debt will be WSJ Prime +1 point with a floor, 1 point origination and 75-80% LTC while meeting certain LTV thresholds (normally 70-75%).
Jon D.
Relocation / selling vs investment?
22 January 2025 | 12 replies
We prefer no debt (we are not from the US originally).
Evan Ross
Managing rent increases
30 December 2024 | 11 replies
If you intend to vacate, the original lease agreement states you have to provide a 30 day written notice of your intent to vacate.
Kurtis Sargent
First time remodeling project - Learned a lot
28 December 2024 | 1 reply
Once the interior was stripped and the infrastructure tested, I brought in commercial contractors to handle critical systems like plumbing, electrical, roofing, and HVAC installation.The house, built in the early 1900s, was originally a coal-burning residence.
Shayan Sameer
Fix n Flip 70% rule
3 January 2025 | 45 replies
I originally started as 80% LTV and 12% + 1 point with 3 month prepay penalty
Steve K.
Anyone Else Fed Up With Loan Servicing Companies?
8 January 2025 | 33 replies
If was originated as owner occupied in the past and no longer is owner, if you have change of name on deed or insurance, if impound had a dispute, claims - are a couple reasons why the servicing changes.
Elizabeth King
Does my property have to be in LLC to benefit from real estate tax advantages?
2 January 2025 | 10 replies
Since the LLC doesn't own the rental you're missing out on the asset protection that was originally intended.