Kylie A.
Best Business Bank Account For Real Estate Investor
28 December 2024 | 13 replies
Bank of America’s business credit cards seem better, but I’d need to hit their Preferred Rewards status to reduce fees, which might be challenging.Amex: I like Amex’s reputation and services, but their outgoing wire fees are higher, which is a downside given how many wires I send.My ideal solution would be a business account with minimal wire transfer fees (especially outgoing wires) and a solid business credit card option, preferably with no foreign transaction fees.What would you recommend for someone like me who does a lot of outgoing wires and occasional foreign transactions?
Darlene S.
Avantstay pros cons for an owner? Short Term Rental
20 January 2025 | 34 replies
Their focus on attracting higher-end guests may reduce potential issues.
Gash Nookala
Newly built property in Huntsville in Market for rent for more than 2 months
23 December 2024 | 9 replies
@Gash Nookala,Renting can indeed be slower in winter, but here are some tips to boost interest:Enhance Listing: Ensure your listing has detailed descriptions and high-quality photos—consider professional photography if needed.Competitive Pricing: Double-check local comps; even a slight price adjustment or incentives (like a reduced deposit) could attract more interest.Broaden Marketing: Beyond Zillow, Hemlane, and MLS, use social media, community boards, and local business connections to reach a wider audience.Flexible Lease Terms: Offering shorter or month-to-month leases might appeal to tenants during this slower season.Local Property Manager: A local pro can tap into their network and help fill the vacancy faster.These steps should help you find a tenant despite the seasonal slowdown.
Alex Silang
Mass deportations: will it affect rental markets?
21 January 2025 | 60 replies
More possible is reducing immigration to a net zero or negative number over time, which would have essentially the same effect as mass deportation but over a longer, controlled timeline.
Michael Plaks
RANT: Preparing/Planning/Guessing for the 2nd Trump Tax Plan
19 December 2024 | 13 replies
.- Plan: reduce corporate tax rate to 15%.
John Marchefka
Rehabbing land INSTEAD of houses??
10 January 2025 | 13 replies
And all of this happens during the contract period reducing purchasing risk.Great strategy especially when practiced just on the outskirts of a major metro area in a country setting(a weekend getaway property that can be marketed to city folk).
Matthew Drouin
Good Cause Eviction Law Passed - 3 Things You Need To Know
30 December 2024 | 15 replies
In addition lower rents will decrease the value of a property, not necessarily its appraised value, because no buyer will desire to pay retail for properties with reduced cash flow.
Kevin Zmick
Having Trouble Renting Unit in First Property
19 December 2024 | 22 replies
Quote from @Kevin Zmick:One of the advices I read above was to be a bit less discerning perhaps and get someone in the door for 6 months at a reduced rate, and then find my golden tenant in the summer.
Matt Lopez
Buyers didn't show to closing, breach of contract
18 December 2024 | 2 replies
Duplex appraised 380 (super ****ing low ball) brings in an estimated 3,900 a month in rents. buyer agreed and SIGNED addendum to purchase at 397,500. day of closing they dont show, tell us they didnt know what they agreed to pay over appraised value and are trying to get us to accept 386k. my agent had me lock in our month to month long term tenant to a year lease for THEIR lender and now they pull this.. they have only 5k in escrow account.. my agent wont reduce his commission from 3%-2% to help bridge the gap. suggestions??
Peter W.
Housing Hacking with Second Home Mortgages
20 December 2024 | 5 replies
Diversifying into different markets, like Omaha or Austin, can help reduce any lender concerns and also spread your risk.Have you thought about the specfic market for your STR or MTR?