Matt Stull
Buying a STR in Red River Gorge
11 December 2024 | 8 replies
As for my Airbnb research, I have spoken with a person who runs numerous Airbnb’s in a different area (city atmosphere) who provided good ideas on how to smoothly run the property.
Michael Plaks
DEBUNKED: EOY tax planning "tips and loopholes"
23 December 2024 | 12 replies
By the way, credit card expenses count when charged, not when the credit card bill is paid.Buy more stuff.
Josiah Horn
One tenant moved out suddenly leaving non performing tenant in property
13 December 2024 | 5 replies
(M2M Lease)A couple days later Tenent texts me and says they have left the property effectively today (bf doesn’t help out with bills, drama, etc). and wants off lease.
Brendan Connolly
Looking for tips for slow season
19 December 2024 | 13 replies
The only real offer I got through FF was for $1700 a month, and I'd rather leave it empty than take that and pay for the heating bills and the extra wear and tear of long term renters.
Renee Coss
Should I convert my garage into ADU for a Short Term Rental?
11 December 2024 | 14 replies
Search the BP for ADU appraisals to encounter numerous examples.
Jeff Hines
How would you start investing if you had $150k???
17 December 2024 | 86 replies
Account Closed maybe Bill Gate's was a bad example.
Keaton Sheffert
First Time Attempting to Re-zone Land - Advice Needed
14 December 2024 | 13 replies
It just obviously won't be market specific.On a personal rezoning I did for a house hack new-construction triplex, I was asked numerous questions about how many bushes and trees I was going to plant.
Tyler Gates
Finding 1031 Exchange Investors
9 December 2024 | 5 replies
Regardless though, @Bill B. makes a very good point.
Felicia Richardson
Fannie Mae HomeStyle
11 December 2024 | 8 replies
Unused contingency funds, unless they were received directly from the borrower, must be used to reduce the outstanding balance of the renovation mortgage after all of the renovation work has been completed and the certification of completion has been obtained.The loan is not re-amortized.Draw Schedule:The HomeStyle program has a maximum 4 draw process.The initial draw can be up to 50% of the total project and can be for materials for the project.The final draw will be at least 10% of the total project as retainage and funds will be released upon receipt and approval of final inspection, Certificate of Completion from Appraiser, signed All Bills Paid Affidavits and Lien Waivers.Additional Draw Information:Ø Signed Draw Request by borrower and contractorØ Signed All Bills Paid AffidavitØ GMG review and approve the draw request and will release funds for disbursementØ A check will be issued in the name of the borrower and contractor and delivered to borrower via USPSØ An inspection of work to date will be performed at 50% completeFinal Draw Information:Ø Signed Draw RequestØ Final inspection/Completion Certificate will be required for release of final fundsØ A Title Update showing property free from lien or encumbranceØ General Contractor’s Lien Waiver AffidavitØ Affidavit of Completion GR will review and approve the draw request and will release a check in the name of the borrower and contractor.Change Orders and Cost Overruns:Changes to the initial plan are not permitted unless prior approval by Guaranteed Rate.
Jon K.
Techniques for avoiding damage due to plumbing clogs
10 December 2024 | 1 reply
We have a lease clause that plumbing issues caused by the tenant that are not the result of a mechanical or material defect in the plumbing material are billed to the tenant.