Darlene S.
Avantstay pros cons for an owner? Short Term Rental
20 January 2025 | 34 replies
My best understanding from talking to reps is they have one local employee (in addition to vendors like cleaners, landscapers...) per 10 listings/properties.
Robert Quiroz
Why are a lot of MFH being sold with rents under market
13 January 2025 | 30 replies
In addition to what other said, because some landlords don't increase their rents every year.
Phillip Austin
TREND - PM companies offering financial assistance for security deposit down payments
27 December 2024 | 8 replies
If the tenant becomes delinquent and stops paying rent, Rhino will insure their full $1,500 SD plus an additional nominal amount to offset the losses incurred by the landlord.
Brody Trott
New Real Estate Investor
4 January 2025 | 9 replies
House HackAttend as many REI meetups as you can to grow your network of investors for referrals, help through challenges you may incur but don't have experience with, and learn from proven guest speakersNetworking app like blinq to compile all of your contacts for REI in one area with phone and emailbegin conversations with local credit unions exploring what type of loan products they offer
Jordan Kaylor
Use HELOC to buy, then refinance into mortgage?
8 January 2025 | 16 replies
However, unless you're doing this as part of a BRRRR strategy, you may end up paying closing costs twice and incurring unnecessary interest on the HELOC prior to refinancing.Additionally, conventional loans often have seasoning requirements of 6-12 months, while DSCR loans typically require only 3-6 months.This post does not create a CPA-Client relationship.
Joe Au
Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
You are just incurring more interest.
Sebastian Albors
New and Looking to Make First Real Estate Purchase
25 December 2024 | 8 replies
Unlike true multifamily, meaning the county or city has the property categorized as multifamily, you can't use potential rental income from the additional units to help you qualify (if the home is single family per the appraisal, that is).
Jonathan Bombaci
Spent $209,000 on Attorney Fees in 2024 – Considering In-House Counsel in 2025
8 January 2025 | 11 replies
I would say go for it if that is what you expect to incur in the future or you are still growing.
Nate McCarthy
Multi-party investing deal structure for BRRRR/House hack
19 January 2025 | 14 replies
So ultimately we decided to suck it up and not take on the additional equity, which ultimately required us to take more time on completing the needed rehab, however in hindsight it was a good decision, because even just among our own family there's been lots of dispute on what we want for the business plan and personal STR useage....
Anita Z.
Real Estate Investor Tax write-offs
10 January 2025 | 16 replies
To write off travel expenses incurred while looking for a property to invest in:Business License: Not needed.Deductible Expenses:Travel Costs: Yes, such as gas or airfare.Lodging: Yes.Meals: 50% deductible.Education Travel for Real Estate: Yes, 100% deductible.Important: All these expenses are deductible if you report rental income.