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Results (10,000+)
Rene Hosman How do you do bookkeeping and financial reporting for your rentals?
4 December 2024 | 30 replies
Balance Sheet can show how much was a building was purchases for, how much principal loan is still outstanding, how much is in escrow and how much is in tenant security liability, Construction typically in the long-term development are put in the balance sheet and not P&L.Most investors are doing multiple type of real estate, not just rental.
Melissa Odom DCSR, LLC, and Trusts
3 December 2024 | 15 replies
Unlike conventional loans, DSCR loans typically allow you to hold properties in an LLC or Trust, providing liability protection.
Shawn Callan How am I supposed to buy a 2nd house!
4 December 2024 | 17 replies
Hi Shawn,Don't quote me, but I'm pretty sure you deduct the rent (75%) you're getting from the liabilities (denominator) rather than adding to your income (nominator) IF it's an investment property.
Roger Mace Are Your Loans Recourse or Non-recourse, Know the Difference
29 November 2024 | 9 replies
This type of loan is generally considered riskier for lenders, often resulting in higher interest rates.In summary, the key difference lies in the borrower's liability and the lender's recourse options in the event of default.
Tyler Jahnke Morris Invest Case Study 2.0
30 December 2024 | 819 replies
@Nate Hammond  I suspect  Morris is in major damage control.. if he is not then he is leaving his clients to whistle in the wind.. oceanpointe from 18th of December can no longer collect rent period end of discussion all their leases are null and void.. and all the owners need to jump in and find new managers.. low end tenants will abuse this to no end.. you being an licensed appraiser undertand professional liability. when you change managers here is what happens.1. you get a long laundry list of what's wrong with your property 2. new manager wants things done as well .. as they should they don't want to manage a pig.but I have not heard anyone come on here and say hey  MI contacted me with issue with the ground partner PM and you all need to find someone new..
Travis Champ Denied insurance for Fire Risk Zone on STR coverage
29 November 2024 | 10 replies
An umbrella goes over the liability end of coverage only.
Anthony Dupre Seeking Advice on Asset Protection for Out-of-State Real Estate Investments
26 November 2024 | 17 replies
For one, if you have any properties with conventional loans on them, this makes things much more complicated and severely limits your ability to limit your liabilities.
Katie Camargo Transferred contract to LLC, wondering why we still have to sign with our names
28 November 2024 | 4 replies
The assignment did not release the original contract purchaser from liability unless the seller expressly consented to the assignment and fully released them (a novation, in effect)… which is not part of the fact pattern.So the agent is right.
Isabella Romano DTI issues applying for new loan- HELP
29 November 2024 | 6 replies
If you reported a lot of expenses and showed a loss, then the loss will be treated as a liability in DTI calculation.
Rob Gallitto Multi Family property two
27 November 2024 | 4 replies
An agent has a fiduciary duty to protect your best interests, which include protection from the many different liabilities that can pop up during the course of a transaction.