Seb Ko
Remitting hotel tax for direct STR stays
30 January 2025 | 2 replies
We simply include the tax on the invoice sent to guests, which makes it easier to track and ensures we're covered for tax purposes at the end of the year.For Chicago, I’d recommend checking directly with the city’s tax office or a CPA, but generally, you’ll need to register with the city, collect the hotel tax from guests, and remit it on a regular schedule (likely monthly or quarterly).
Dwight Cox
DSCR financing on mobile homes
28 January 2025 | 2 replies
If the land is included with the mobile home, there are DSCR lenders that will be willing to lend up to 70% LTV as long as it is not a rural area.
Mark A. McElhannon
Basic approach to secure financing on an investment property
8 January 2025 | 7 replies
I feel this gives me the flexibility to find the right solution for my client and not just sell what my bank offers.I'll also throw in my 2 cents on common differences I've seen in my career:CDFIs - Because of their subsidized financing structure, they have the ability to be a low cost lender (and sometimes provide grants).
Arlinda Rexho
Tips on first 32-64 unit MFH deal
24 January 2025 | 1 reply
If anyone could include what to look out for in a good deal and a bad deal
Mel Rosario
Help with Apt insurance in California
17 January 2025 | 3 replies
Please advise.ThanksMel I'd recommend a local Independent Agency that has access to multiple markets including surplus lines
Fabriel Ebel
Multi Family to Condo Conversion in Beverly Hills, CA
29 January 2025 | 1 reply
Many carriers are including exclusions for GC commercial general liability coverage and professional liability coverage for engagements involving condos and even stricter exclusions when dealing with conversions.
Jared Fisher
Cleveland Property Manager Recommendations
11 January 2025 | 9 replies
Feel free to inquire about their staff qualifications if it's a larger organization.2.
Evan Bonnell
Mold problem won't go away!!!
31 January 2025 | 6 replies
A couple months later finally starting to feel better.That's when I called in a professional mold remediator.
Greg P.
Getting Started. How & What would you do with $750k? Suggestions?
30 January 2025 | 48 replies
In MN it feels like NJ and NY has long bought up every section of decent future developable land.
Desiree Rejeili
Home Staging FAQ: What You Need To Know
9 January 2025 | 2 replies
Basic staging with an agent usually means they give you insight into how you should:Declutter and depersonalize by removing photos and personal itemsArrange your furniture to improve the room’s flow and make it feel biggerAdd plants, move art, or re-arrange other accessoriesFull-service staging is another option if your house needs more hands-on attention.