Cosmo DePinto
Moving property from personal to LLC
27 January 2025 | 6 replies
Check with your lender first—they may allow it if you personally guarantee the loan.2.
Desiree Rejeili
The BRRRR Strategy: A Comprehensive Guide to Building Wealth Through Real Estate Inve
24 January 2025 | 0 replies
It’s a strategy that allows investors to acquire rental properties with little to no money out of pocket while building equity along the way.If you're considering using the BRRRR method to grow your real estate portfolio, here's everything you need to know about how it works, its benefits, and potential risks.What is the BRRRR Strategy?
Christopher Hu
First Rental Property listing questions
29 January 2025 | 5 replies
The insurance company will send you copy of the tenant declaration page proving coverage, and they will notify you if the tenant ever cancels the policy or allows it to lapse.HOW TO SHARE UTILITIES 101You have a property with two or more units and the utility meters are shared.
Julio Gonzalez
Is my property a good candidate for cost segregation?
17 January 2025 | 2 replies
This is due to bonus depreciation which allows taxpayers to deduct 40% of qualifying property costs in the first year, in addition to regular depreciation for new construction and improvement.
Hector Haro
Property Management Software for 100+ Doors
29 January 2025 | 3 replies
But I need a portal where I can do the following -Customize the tenant application ( Cozy does not allow me to customize)- Have tenant Upload Pay stubs, DL, etc.
Alex Patton
Refinance DSCR Advice
28 January 2025 | 12 replies
Most DSCR programs will want you to have owned the property for more than 6 months to allow you to use appraised value instead of cost.
Seth Church
From vagrant infested problem property to gold mine.
28 December 2024 | 1 reply
This allowed me to get a construction loan to repair the other buildings and repay my investment into the property.
Ricky Sanchez
Best options for 1031 exchange when title is under LLC
29 January 2025 | 2 replies
Lenders allow closing in an entity with a DSCR loan
Jordan Laney
PM changed the utilities too early and now we're stuck holding the bag
8 January 2025 | 38 replies
The real issue is that they didn’t have a plan to monitor usage or set up protections to minimize costs during the eviction process.Ideally, the PM could’ve done things like:Limit access to unnecessary areas to reduce power use.Install smart thermostats to keep heat at a safe minimum.Request a utility cap in court during eviction proceedings (if allowed in your area).Bottom line: It’s less about the utility switch itself and more about proactively managing costs once the tenant overstayed.bro what?
Lau Cor
Putting the investment in an LLC
21 January 2025 | 4 replies
Fannie mae allows you to transfer your loan into an LLC, but it is recommended that you speak to your loan servicer and ask that if they themselves will allow you to do so.