Mordy Chaimovitz
Crazy prices on 2 and 3 flat buildings in chicago
13 January 2025 | 11 replies
From the sentiment of your post it seems like you're viewing the buyers as strictly investors when they may lean more towards traditional homeowners looking for a quality of life improvement or an improvement on their current financial situation today.Let's say the buyer pays 465k and has a 5% interest rate.
Guillermo Perez
Rate my first BRRRR
8 January 2025 | 22 replies
Strictly advice to move forward in these ventures.Your attitude may be the best thing about your ability going forward.
Zachary Kessler
Strategies for second property
27 December 2024 | 4 replies
I know that i could buy my next multi family property as a primary residence close by move in, rent half live in the other and than rent where i am now which would cash flow upwards of 1k monthly, or i could buy another multi as strictly an investment property out of state which would be a lot cheaper (taxes and cost of property) and a lot more landlord friendly laws than New York, i guess i’m just undecided on which route i want to take and I’m trying to weigh the pros and cons of each scenario.
Tanner King
Analyzing a House Hack (First time buyer)
6 January 2025 | 13 replies
What I mean is, some investors look strictly at cash on cash return, some look at cap rate, others just want to make sure their mortgage is covered.
Thu Pham
Purchasing an existing Airbnb with future bookings
14 January 2025 | 25 replies
But I find from personal experience and from my buyers' Airbnb experience that it's a bit of a hassle trying to get guests to rebook at the new listing.I don't know how strict Joshue Tree is at enforcement, but in Denver and Colorado Springs here, you could probably get away with an STR listing for three months without the license.
Isla Arshad
Tenant Pays Rent Late and now Claims Harassment when filing for 10 days Notice
7 January 2025 | 13 replies
bad tenants need to be strictly held to the lease or the will try to take advantage of landlord softness.
Jennifer Fernéz
Help with this deal!
4 January 2025 | 9 replies
Don't use it strictly as a tool to turn the property into one you want to live in.
Jonathan Vinas
Can STRs Work w/ Restrictions In North Nj / NY Self Managed Lake House or Cabins?
24 December 2024 | 25 replies
The town of Shandaken has some pretty strict rules regarding STRs, requiring a "absent owner" STR to be owned for a year before it can be used as an STR, and also limiting the number of STRs to 100 properties.
Melanie Baldridge
“active income” and “passive income"
20 December 2024 | 0 replies
We’re being funny because there's still a bit of nuance here.There are strict guidelines and it's sometimes a blurry line between being an RE pro vs not.
Michael Plaks
EXPLAINED: sending 1099s to contractors and vendors
15 January 2025 | 10 replies
Consultants, inspectors, and mentorsProperty managersAssistantsBookkeepers, accountants, and attorneysLandlords if you rent your office spaceYour business partners if you paid them (except if they were strictly lenders)Disclaimer about wholesalers: it is a controversial issue, with some of my colleagues claiming that wholesalers do not need 1099s.