Trey Holloway
Financing and Down Payments
15 December 2024 | 13 replies
I agree with everything @Michael Baum said.Many people, including myself, have used a 10% down second home loan to buy a property used for a STR.
Ben Cochran
Should I pull some equity to purchase an STR?
11 December 2024 | 11 replies
Quote from @Michael Baum: Hey @Ben Cochran, I am with @John Underwood.
Michael Perry
David To
California call for class action lawsuit on Eviction Moratorium
14 January 2025 | 329 replies
@Michael A. believe it or not, but here in California there’s 0 talk about how we are supposed to be compensated.
Justin Lee
W9 to 1099 for independent contracts
7 December 2024 | 7 replies
Quote from @Kathy Kifer: @Michael Plaks - I just came across your response to this question.
Yents Ybrimovic
203K loan new investor question
17 December 2024 | 16 replies
For your specific question about doing a JV on the loan, my suggestion would be that both go on the loan and then do a separate joint venture agreement...because you can not have an LLC on the loan for those loan types, they need to be in your personal names.I am not a lender so maybe one of my lender friends could chime on exactly this would work @Zack Karp, @Michael Facchini, or @Jose Valdovinos?
Mike Sfera
Right Down Payment Amount??
10 December 2024 | 14 replies
Quote from @Michael Garofalo: Everyone has different opinions on this and it really comes down to personal preference.
Arthur Crum
Max Dauer
How Much Time Do You Spend Managing Your STR
9 December 2024 | 7 replies
I'm about the same as @Michael Baum, maybe an hour or two more in season when I'm fully booked.
Joel R.
Am I required to issue 1099s to contractors if I only have one rental unit?
6 December 2024 | 12 replies
Quote from @Michael Plaks: Quote from @Joel Russell: Hi @Steve VaughanThank you for your feedback, really appreciate it!