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21 January 2025 | 11 replies
Again, treating folks with housing support funds with the same dignity and respect as everyone else, usually nets quality clients that listen and do their best to follow the rules.
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11 January 2025 | 12 replies
Although I'm not ruling out doing another 1031 in the future to add a property or two.
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22 January 2025 | 12 replies
From my understanding, as long as you intend on doing a STR when you close, there are no rules against changing your strategy after closing, especially if you find that something else is more profitable.So in our case, the lender determined an STR would bring in ~$3500/month (with all of their conservative factors), but now that we operate it as a huge 3300 sqft Co-Living property, it actually brings in $7000/month.
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9 January 2025 | 3 replies
Just make sure to look into the HOA’s financials, rules, and rental policies before buying.
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6 January 2025 | 4 replies
However, in order to preserve the constitutional status quo while the merits panel considers the parties’ weighty substantive arguments, that part of the motions-panel order granting the Government’s motion to stay the district court’s preliminary injunction enjoining enforcement of the CTA and the Reporting Rule is VACATED.”
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29 January 2025 | 12 replies
The goal of a HELOC is a quick line of credit to either refinance or sell and pay back the HELOC as soon as possible.PS - I would recommend taking a look into the Columbus Ohio market, there's tons of 1% rule deals still within the 120-180k price point with amazing appreciation potential.
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6 January 2025 | 77 replies
Any suggestions on what to update/populate in our "rules" section to help us make this clearer?
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6 January 2025 | 3 replies
Asking in the correct forum will get a better response.Read the RULES!
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16 January 2025 | 7 replies
Additionally, the replacement property must be real estate to qualify under IRS rules.
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11 January 2025 | 14 replies
A good rule of thumb is to have at least $5 to $10K in reserves per unit to cover these situations and avoid financial strain.Thank you for the reply and help!