Ambica Pilli
Multifamily apartment deals
22 December 2024 | 5 replies
If you’re looking for multifamily deals in NC, try connecting with local commercial brokers who specialize in multifamily properties—they often have access to off-market deals.
Paula Impala
Norada Capital Management suspending payments
31 December 2024 | 418 replies
Can we obtain a special form or document to show the loss?
Eric Coats
Running STR #s for Newbie
10 January 2025 | 19 replies
You should have a good idea of every expense you have in your primary home, then add the STR specific: (These are rough estimate numbers, depending on various factors)STR insurance - a special insurance that covers both the property and your liability, could be $2~4k in areas without natural disasters, could be more than $10k in some other areas.cleaning fee - approx. $50 per bedroom, so a 4-bedroom house will cost you about $150~200consumables - bathroom supplies, kitchen supplies, beverage supplies: $20~30 per week, depending on how much you providewear and tear - towels, linen, kitchen utensils, some furniture: $1000~2000 per yearRepairs/replacement for things that guests break or steal: $1000~2000 per yearAlso, if your personal use is less than 14 days a year, the entire property's expense is deductible against STR income, but if you use more than 14 days, then you will have to calculate the proportion of how many days it's rented out vs how many days you or your family uses.
Rereloluwa Fatunmbi
Seeking Advice to Improve STR Performance in East Downtown Houston
22 January 2025 | 22 replies
Hi Rereloluwa, I'm a vacation rental designer that specializes in high-ROI designs.
Tar-U-Way Bright
How could I use my LLC
24 December 2024 | 14 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.I would also recommend looking for a accountant willing to work with you throughout the year.
Jeff Shaver
Need Advice on how to best use my equity.
23 December 2024 | 15 replies
It’s worth exploring credit unions or lenders specializing in non-W-2 borrowers.
Priscilla C.
Best Loan types for short term rentals
29 December 2024 | 10 replies
I am a property manager as well as a broker specializing in acquisitions out of Tampa FL.
Basit Siddiqi
Investing in Spain: Good idea for non-residents(Americans)?
23 January 2025 | 31 replies
So, yes, you'll get a lower percentage of the cash flow (which isn't that high anyway for long-term rentals like pretty much anywhere in the world, including the US) but you'll get appreciation and loan amortization.b) You successfully invest in STRs and make enough money that you don't care that much about the higher taxes.To conclusion, as a foreigner investing in Spain, with a few exceptions of specialized niches, I focus on areas that have (high) capital appreciation and short-term rental potential.Hope this helps.
Carlos Silva
Velocity Banking for paying off mortgages
13 January 2025 | 19 replies
I specialize in teaching the strategy so that you'll have a comprehensive understanding of it and can determine whether it's good for you or not.
Cameron Fowler
First Flip Financing / Low Cash
18 December 2024 | 4 replies
Or any other type of special financing that I have not heard of.