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15 January 2025 | 7 replies
Other lapses include forgetting to include utility fees in a new lease which was previously discussed with the owner but the new lease got signed by an existing month to month tenant and was not shared with the owner before the tenant and the PM signed it!
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26 January 2025 | 21 replies
Would your STR business even exist without Airbnb?
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19 January 2025 | 18 replies
If so (and even if not), I would love any recommendations to a loan officer in the metro Detroit area.Thank you in advance,Aaron RaffaelliDo you have either;A- existing primary mortgage payment history. or,B- 12 month verification of rent payments (as your primary housing)you should be able to land a DSCR loan no problem with that approach.
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9 January 2025 | 11 replies
Sounds like they are dumping a bad 1031 property into a REIT and spreading the financial burden upon existing REIT members.
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9 January 2025 | 7 replies
Consult your tax professional: while podcasts are great, make sure you have an existing relationship with a tax professional you can trust.
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5 January 2025 | 17 replies
Quote from @Jay Hinrichs: Quote from @Chris Mason: Indoor shopping malls as they existed in the 1990s are dying, but retail is not.
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3 January 2025 | 7 replies
There are actually THREE kinds of subject to transactions1- subject to existing mortgage without lender approval2- subject to existing mortgage WITH lender approval3- subject to existing mortgage as part of a seller financed wrap around mortgage.with #1 and #3 it’s in everyone’s interest to utilize a third party servicer, who collects and then distributes payments.
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19 January 2025 | 269 replies
The biggest ones I'm aware of include:* Limit the availability of new AL licenses to only interior districts;* Increase the tax rates for AL;* Force a review of existing AL licenses in 2030; Don't know.
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4 January 2025 | 9 replies
Yes, sewer clean outs are required on new construction, but on a 1947 rehab house that didn’t have existing clean outs, is it really possible that I can be required to install them?