Joel Oh
One platform strategy
2 January 2025 | 30 replies
It would allow Airbnb to screw both hosts and guests (assuming airbnb is the ota chosen).
Brad Roche
FHA 203(k) vs. Fannie Mae Homestyle Renovation Loan
13 January 2025 | 5 replies
They allow you to include up to 6 months of rent payments in the loan if you are unable to occupy the premises during the renovation.Just to be complete, it's also worth mentioning that both the VA and USDA have renovation loans.
Don Konipol
What Does it Take to Achieve the Dream of Full Time Real Estate Investor?
20 January 2025 | 1 reply
For those interested, a combination of mortgages with no “due on sale” clause, mortgage companies loose due diligence, and title insurers willingness to “turn a blind eye” to practices that wouldn’t pass scrutiny now, resulted in tactics like the “second mortgage crank” which not only allowed investors to purchase properties with no money out of pocket but allowed investors to actually walk away from closing with “cash in their pocket”.
Kenneth Joseph Perfido
Should I Pay Off My VA Loan Quickly or Keep Leveraging Debt?
23 January 2025 | 5 replies
Paying off the mortgage can provide peace of mind and simplify retirement, while keeping the debt allows you to leverage your funds for higher returns through investments.
Kmsuea Abdei
Should I sign an exclusive agreement with agent?
30 December 2024 | 12 replies
Lots of great advice in here already and does vary from state to stat but, I think it is important to find an agent you trust and like and then allow them 30 - 60 days to find what you are looking for.
Conor Neville
When to approve tenants?
22 January 2025 | 7 replies
I highly encourage everyone to view the property before putting money down, but that's not ideal for many of them, so I do allow them to rent "sight unseen," but I am very open with them to ensure they don't show up and back out.1.
Kenneth Joseph Perfido
Creating LLC in a new state
29 January 2025 | 2 replies
Registering as a foreign LLC allows you to maintain continuity with your existing business structure, branding, and EIN while operating legally in the new state.
Arron Barnes
Anyone using RentRedi for rental payments? Good or bad?
19 January 2025 | 17 replies
Also don't forget you get to add team members which I hope is safe to say you have given the amount of doors you own.
David F.
Co-op appraisal valuation
24 January 2025 | 9 replies
These loan products include a partial release feature that allows them to be repaid gradually as TIC interests are sold, and ensure that the sold TIC units are not encumbered by a blanket encumbrance.- The variety of financing products available as individual tenant in common loans remains limited, and the terms are generally less favorable than either apartment building loans or condominium loans.
Ricardo Polanco
NYC Short Term Rental legal advise
15 January 2025 | 9 replies
They have to allow them in to inspect to make sure things are copacetic.