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9 February 2025 | 6 replies
Agreed - plus two additional thoughts:1) I always recommend having your CPA also review the drafted operating agreement for the tax issues.
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3 February 2025 | 4 replies
Additional costs will creep in and costs seem to go up faster than rents, so I would sell and try to otherwise optimize the VA loan.
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8 February 2025 | 7 replies
In addition to the different tracks @Chris Seveney descrubed, there is also good information on creative financing and seller financing (including what to avoid).
10 February 2025 | 8 replies
I get a few more calls for service but higher rent is worth it.
8 February 2025 | 16 replies
In addition to STR'ing the main house, he is building 2 more units (ADUs) on the back side of the property.
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26 January 2025 | 1 reply
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
19 January 2025 | 1 reply
Type Line Item Fee Fixed Fee Collected Rents 10% of All Collected Rents New Tenant Search & Onboarding $600 Variable Fees Business Hour Service Calls $90/hour + Materials Cost + Tax After Hour Service Calls $120/hour + Materials Cost + Tax 3rd Party Coordination HVAC Cleaning & InspectionGutter CleaningSpring/Fall Exterior CleanupSeasonal Mowing & Weed TrimmingSeasonal Snow PlowingGeneral Contractor Negotiated Vendor Cost + 10% Oversight Fee
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30 January 2025 | 47 replies
As Chris mentioned, use a licensed servicer and let them handle it.
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29 January 2025 | 15 replies
For example: We provide tax preparation and advisory services to people who invest in commercial (including multifamily) real estate, and high w2 earners investing in short-term rentals.
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9 January 2025 | 15 replies
Big Banks like Wells Fargo, BOA, Citi, US Bank, and Chase utilize lending programs aimed to service large swaths of depositors.