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19 January 2025 | 6 replies
Is the portal a downloaded application or is it a web portal?
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21 February 2025 | 17 replies
DSCR will help if you are tapped out of conventional loans and you don't qualify for a traditional loan based on your personal DTI.
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14 February 2025 | 8 replies
These are just guidelines and may need to be adjusted based on your property's location and class.
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13 February 2025 | 9 replies
If you sell a property, capital gains tax applies based on each partner’s ownership share, and a standard 1031 exchange won’t work if proceeds are split, as the exchange requires continuity of ownership in a like-kind investment.One strategy is a drop-and-swap, where the LLC distributes the property to partners as tenants-in-common (TIC) before the sale, allowing each to complete a separate 1031 exchange.
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13 February 2025 | 5 replies
If it came before the counsel, we'd be able to argue with a pretty strong case based on the dual-use of almost the entire neighborhood.
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18 February 2025 | 13 replies
As for evictions, here is a tip from the one "cash for keys" move out we've had: don't be afraid of a little vacancy; a prospective resident with every red flag flying proudly in the wind is not a good match, even if you're new to the MTR game (as I was :) )
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21 February 2025 | 0 replies
Of course if we refinance our DSCR loans we will have a 5% PPP which is not a fun pill to swallow but for some properties with a low LTVs, we're open to it.We need a loan product that is asset based.
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21 February 2025 | 6 replies
Based on the prices, now seems like it's probably a pretty good time to buy in Galveston.
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13 February 2025 | 1 reply
Cash flow is difficult here in California, and so I'm looking for opportunities that have strong appreciation and long-term growth opportunities with strong tenant bases to complement my long-term investment strategy.I appreciate any insight and stories.
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16 February 2025 | 44 replies
Physically see the property, don't rely on web pictures, sometimes they are years old and don't show the current state or the entire property.