Tara Jenkins
The Cycling Mermaid
30 January 2025 | 1 reply
I used a HELOC to cover the down payment, appraisal gap, and furniture, allowing me to enter the STR market without depleting cash reserves.
Dawn Harris
Str with property management near Orlando
30 January 2025 | 7 replies
This portal provides owners with full visibility into all reservations, allowing you to see detailed booking information, including rates and sources like Airbnb or Vrbo.Transparency is crucial for building a successful business, and platforms like Guesty enable real-time access to booking data, ensuring owners are always up-to-date with rates and reservation details.
Nick D.
Pulling equity out of investment properties under LLC for a DP on a 3-family
17 January 2025 | 14 replies
Most DSCR loans allow LLCs to hold title and sign the note.
Donald DiBuono
Creative Finance Deal Need Advice!
9 January 2025 | 4 replies
Here are a couple of ways you could structure the deal:Lease Option with Seller Financing: You could lease the property with an option to buy later, allowing you to rehab it while giving the sellers time to find a 1031 replacement property.Seller Financing with Deferred Payment: Structure the seller financing with no immediate payments, allowing you to refinance once the property is appraised, and the sellers can complete the 1031 exchange when ready.Escrow Holdback: Transfer the deed into an escrow account, giving you control without immediate transfer, so the sellers can take their time with the 1031.Third-Party Facilitation: Use a qualified intermediary to hold funds and facilitate the 1031 exchange while you refinance.These options allow flexibility for both you and the sellers.
Luisa Morejon
What to do with the proceeds of the sale of my home?
31 January 2025 | 21 replies
build a multifamily property and continue that strategy. building is a different strategy that allows you to still enter hte market below value. this is what we build in columbus ohio for investors it's a 3 story walk up infill that's about 24x40 and 2 bedrooms 1 bath stacked 3 times. it's identical to like 65% of apartments that are built. you'd need probably 100-150k in proceeds.
Aaron Wolman
First Turn over
11 January 2025 | 7 replies
The law allows you to charge for ALL cleaning, including trash removal.
Matthew Samson
Primary Residence Sale -- $1.65mm appreciation -- How to Minimize Capital Gains?
30 January 2025 | 24 replies
Family members are allowed tax-free gifts and that can come in many forms, just talk with your CPA and you will should be able to structure it without any tax burden.
Olivia Blake
New Landlord - Tenant Refusing Payment Method
30 January 2025 | 20 replies
As a PMC, we allow tenants to:1) Mail in rent (we charge a Processing Fee)2) Deposit at our bank (we charge a Processing Fee, but less than the mailing one)3) Use Zelle, Venmo, etc.
Matthew McCarty
Started out, need advice. Already have one property and have 100K in the bank.
28 January 2025 | 6 replies
A second mortgage or HELOC might allow you to unlock some funds without losing the 3.25% rate.- I recommend avoiding condos.
Rose White
Tenant Background Check
15 January 2025 | 6 replies
What's the lowest credit score you will allow?