James McGovern
Has anyone figured out a cheaper alternative to Cash for Keys
9 September 2024 | 23 replies
If they are not paying (I imagine that is the issue), will you go through the whole eviction process over the next few months versus giving them a few hundred bucks?
Mike A.
Maryland Area
6 September 2024 | 32 replies
I dont like the higher tax rate in Howard County versus Montgomery County.
Mason Fast
Building a Small Multi-Family (2-4 units) to House Hack (Columbia, MO)
7 September 2024 | 3 replies
However, if your GC friend or their colleague was willing to be part of the loan that shouldn't be a problem.Here are some thoughts on your questions about building a new property versus buying existing ones:New construction: - Potential for Growth: Building a new property can be a great way to create exactly what you need for house hacking, especially in a market with low supply.
Alex Silang
Renovation/furnishing costs of an STR
8 September 2024 | 18 replies
Yes, you're missing the underlying appreciation of the house, the value of storing money in a physical asset versus an alternative and capex costs.
Eric Honas
Pueblo, CO-Short Term or Long Term?
7 September 2024 | 12 replies
I worry about the vacancy rate with an airbnb versus the steady income of a signed lease Pueblo specifically.
Marty Rogachefsky
New Refrigerator - Capital Expenditure or Repair?
6 September 2024 | 9 replies
Operating expenses are routine and necessary costs to keep the property in its ordinary operating condition, and they are typically deductible in the year they are incurred.You also mentioned the benefits of classifying something as an operating expense versus a capital expenditure.
Heather Martini
Seeking Feedback: STR Market Insights Report
6 September 2024 | 13 replies
It is intended to be a high level report to give hosts & investors insight into STR data for US markets and help with insight on how to set up your property to stand out versus your competition.
Brian J Allen
Why Are So Many Houses Bought with Cash?
6 September 2024 | 11 replies
.- a cash offer could be extended to obtain a discount at purchase that could be refinanced after purchase- a high cash flow low appreciating market with historical appreciation below the appreciation rate can benefit from the increased cash flow of 0% LTV versus the little benefit (in this case) of the increased return that could result from leverage.The reality is that many cash purchases are not unleveraged for long.
Hitesh Gupta
How would you find a syndication mentor
3 September 2024 | 5 replies
From your post, I am not sure you need a mentor in the same sense that many syndicators offer mentorship, versus a more traditional mentor.
Brian J Allen
Should We Stop Freddie Mac from Buying 2nd Mortgages?
4 September 2024 | 1 reply
Taking that money out and anything that leads to more people using the equity from their homes and reduces the friction to that process is not good in the long run.As a NPL buyer who buys 1st position mortgages, we do watch stuff like this carefully as the moment these borrowers get high CLTV's any drop in pricing and change in economic conditions will lead to more foreclosures versus bankruptcies.