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Results (10,000+)
Scott Goulet Airbnb: To get a Pool or not in Florida
11 January 2025 | 20 replies
@Scott Goulet if that's the case and there is no significant difference in occupancy, then my gut tells me that it is not a major factor that guests consider and are willing to pay a premium for.
Christopher Lynch What Is The Best Way to Start Flipping Houses and Raise Capital?
16 January 2025 | 10 replies
However, after you get some experience, you probably want to get a Private Lender since this will allow you to keep the majority of the profits.
Jordan Laney PM changed the utilities too early and now we're stuck holding the bag
8 January 2025 | 38 replies
Besides frozen pipes in the winter, there's also sump pumps that if not running, could flood a basement and cause major mold damage. 
Cristal Ochoa PennyMac Loan Transfer to LLC
7 January 2025 | 5 replies
I found this article that allows Fannie Mae and Freddie Mac loans to move the loan to an LLC: https://servicing-guide.fanniemae.com/THE-SERVICING-GUIDE/Pa...as long as I am the majority owner in the LLC. 
Nik Verret Seeking Advice for Initial Bookings
7 January 2025 | 7 replies
I put a lot of time into listing and title, so likely good there.For amenties, I do have some of the major ones referenced - hot tub, Wifi, and stocked kitchen.
Ryan S. Advice on Specific Performance for Breach of Real Estate Contract
26 January 2025 | 43 replies
I believe the owners with the majority ownership share forced the others to sell, but they weren’t cooperating. 
Samuel Gebretnsae Seller said "He is not required to disclose water damage repair done"
8 January 2025 | 27 replies
I am guessing that the vast majority of homes 10+ years old had some sort of water damage at some point, most had probably several.My own home is only a few years old and we had the washer spring a leak and a few years later the RO system in the kitchen started leaking into the cabinet.Seller disclosures are pretty useless in my opinion.
Marc Shin Should I get extra insurance outside of Aircover?
13 January 2025 | 16 replies
However, for major issues, STR insurance ensures you're fully covered.
Bob Dole Cost Segregation -- What is the true benefit of the accelerated depreciation?
9 January 2025 | 32 replies
Quote from @Bob Dole: All,Apologies for the newb question, but I just heard about cost segregation and have been reading up about it online.My understanding is this (and please correct me where I'm wrong):Pros: -accelerate depreciation, front load (vs. just a straight line over 39 years) -save money on taxes because of the depreciationCons: -if I sell the property, the recapture will be larger -not recommended if you flip propertiesSo hypothetical situation:-Majority of our income is W2 based, let's say it's $500k-Net income from commercial rental is $100k-Income from dividends and interests is $100k-Both of us are full time W2, so non-prof real estate (but this can change  -- please see below)So we're hypothetically grossing $700k a year. 
Collin Luckett Raising Money / How to Structure
9 January 2025 | 9 replies
If you are still a majority or controlling partner you will get no pushback.