Timothy Parish
Solo 401k IRA
2 January 2025 | 2 replies
The building is now vacant in the bottom portion including by sister's business.
Desiree Rejeili
Home Staging FAQ: What You Need To Know
9 January 2025 | 2 replies
That’s because it can include renting furniture and decor to more fully transform a space.How Do I Know Which One To Pick?
Christopher R.
Homeowners Insurance/Landlord insurance/Umbrella insurance
26 December 2024 | 14 replies
Loss of Use / Loss of Rents: Normally, there is a 20% included limit.
Jeffrey Edwards
Fail forward and fail fast is my motto
2 January 2025 | 1 reply
Next Mortgage Note will include full loss of interest on the investment property for the GCDid you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Moshe S.
1031 my portion or total sales price
16 January 2025 | 7 replies
In a 1031 exchange, does the replacement property need to be more valuable than the total sale price of the deal I sold (including other investors), or just my individual portion of the investment?
Nathan Gesner
Have you ever used your umbrella insurance policy?
15 January 2025 | 11 replies
These were not specifically related to owning rental properties but the clients' assets (including any owned property) was better protected due to having umbrella coverage.
Daniel Chen
Section 179 Question for rental business
4 January 2025 | 11 replies
Yes, you can deduct related expenses including gas, loan interest, insurance, etc. using the actual vehicle expenses method to deduct auto expenses for your rental or other businesses.
Zach Schofel
RE Developer and Proptech based in NYC
29 December 2024 | 2 replies
On the RE side - I own/developed 2,000 residential units across the United States focusing on opportunistic residential acquisitions and development, including student housing conversions and luxury multifamily development.On the startup side - it is a third-party guarantor platform that expands your renter pool, increases rents and occupancy, and ultimately boosts your NOI while broadening affordable housing options for renters.
Matt McNabb
Building Future Cashflow Portfolio
15 January 2025 | 14 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Marc Shin
BRRRR financing for an Airbnb set ups
23 December 2024 | 3 replies
Quote from @Marc Shin: Hello,For the financing of a BRRRR, are there lenders that are willing to include the costs of Airbnb set up (i.e. furnishings) in the initial hard money loan for a BRRR?