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Results (10,000+)
Ricardo Polanco Sale my property or rented out and do a DSCR
15 October 2024 | 5 replies
.- You mentioned you don't need the money right now, so holding onto the property could provide long-term rental income and potential appreciation.Here’s what you should consider:- **Financing Costs**: If you decide to rent, ensure you factor in all expenses, including mortgage payments, property taxes, insurance, and maintenance.- **Market Conditions**: Check the local rental market to see if $1450 is competitive and if there's a high demand for rentals in your area.- **Long-term Goals**: Think about your long-term investment strategy.
Megan Paquet Nelson Hurricane/Flood and loss of Business Income
14 October 2024 | 16 replies
One of the reasons I choose STR coverage is to include loss of income.  
Adolphus Fletcher Personal Vs Business HELOC
15 October 2024 | 3 replies
@Adolphus Fletcher - If you're main goal is to build business credit there are different avenues to do so including: obtaining and unsecured line of credit for the business, applying for a business credit card, applying for business accounts such as Home Depot/Lowes, etc...
Serafin Fernandez Tenant Bank Statements
15 October 2024 | 7 replies
Here's a guide on how to screen tenants.I recommend you include some of your key qualification criteria in the advertisement.
Dean V. BPCON 2024 "Afterparty"!!
14 October 2024 | 1 reply
Since I personally always get the most out of conferences when I have dedicated time after to decompress, digest, and implement what I've learned, I booked a private beachfront villa with some friends for a few days immediately following BPCON (checking in the afternoon of Wednesday the 9th, checking out the morning of the 12th) just a few miles up the beach from the Moon Palace Resort, and we have a couple of beds still available so I wanted to extend the invite to folks here.A couple photos of the villa are below, and some of my favorite features of this place include:- Direct beach access off the back porch- Private heated infinity pool- Private furnished terrace- Private resort access- Wifi- Indoor jacuzzis- Private kitchen- Air conditioningShoot me a DM if you're interested!
Edward Heavrin Paying off a rental aggressively. Pros & Cons?
20 October 2024 | 84 replies
But now I’ve got all these loans including 6 that have 2.75% interest rates.
Sephr Bemanpour New to real estate investing, any tips on identifying markets for SFH/MFH rentals
15 October 2024 | 4 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.
Dan DeGroff Help! Seasonal Employee In Expensive Market Looking To Buy Primary Res Out of State
17 October 2024 | 9 replies
If you don't have the intention to actually occupy the home in Washington as your primary residence for the majority of the year, then that is occupancy fraud (investigated by the FBI), which would likely include some jail time if you are found guilty of making misrepresentations.
Melanie Baldridge Ground improvements qualify for bonus depreciation!
13 October 2024 | 1 reply
Reminder:Ground improvements qualify for bonus depreciation.This includes various landscaping.Roads and external parking areas.Sidewalks and pathways.Fences.Utility systems (including the installation or improvements to water, sewage, drainage, and electrical systems).Outdoor lighting.Rec facilities (like playgrounds, sports courts, and swimming pools).And more.It's a big category for depreciation/bonus depreciation that we love.
Jocelyn Bernstein Who exactly would be considered all heirs to a property?
14 October 2024 | 1 reply
I purchased a tax lien that was sold the next year with a “warranty deed” The lien was for 2022 taxes and the deed was transferred in 2023. prior to the transfer there is a long history of tax sales and different names paying taxes including a previous investor. how far back does the line of interest go and would the previous investor be considered someone who “holds interest” in the property?