
16 August 2024 | 16 replies
https://www.biggerpockets.com/blog/short-term-rental-loans-a...High Level --Conventional will typically offer lowest rates/fees but harder to qualify, especially if you are scaling and past the first couple of properties or going for the high-end of the market-2nd Home (10% Down) - should be very careful here - these are not intended for STR properties and people using them for pure investment properties are entering dangerous territory (you are attesting to use it as a rental half the year or less, no management, need to live in proximity, etc.)- DSCR Loans - typically your best bet if you don't quality (or have "outgrown") conventional or looking to scale a portfolio or diving into more specialized markets.

18 August 2024 | 28 replies
The disadvantage is that they require boxes that hang on the wall and many Americans don't care for that look.

16 August 2024 | 4 replies
As a new real estate investor this is simply too large a project for me to try and tackle, but I know this forum is full of quality investors who care about their tenants and are always looking for a deal!

18 August 2024 | 13 replies
I am assuming you would be paying for materials and replacement appliances, etc... so $1000 per month for labor to take care of 5 mobile homes should be seriously looked at down the road.

16 August 2024 | 2 replies
Careful timing and classification as either improvements or repairs can increase your deductions.Bonus DepreciationUtilizing this strategy, you are allowed to deduct a portion of the cost of certain qualifying assets with useful lives of less than 20 years in the year that you place them into service.

17 August 2024 | 10 replies
Make sure any additional paperwork that needs to be filed with the court making you the plaintiff is taken care of. 4.

16 August 2024 | 2 replies
We reluctantly signed a 2nd year with him because we did get all of his late payments and the property was taken care of.During the 2nd year, I let one late payment slide as a courtesy due to tenant family circumstances.

14 August 2024 | 5 replies
I have never heard of Section 8 providing rehab funds.If they do, be careful of the strings attached.

15 August 2024 | 4 replies
What should I be careful about compared to buying an existing property, and are there any key differences?

15 August 2024 | 8 replies
Really though, I'm probably undecided as to whether I care so much that I'm ruling places like Tampa/St.