Rob Williams
Any suggestions on how to fund a senior living entitled land deal in Santa Cruz, Cali
21 November 2024 | 9 replies
She has a lot of experience in various forms of property development but we have two great deals at the moment where we have been able to combine parcels of land to create a development project.
Greg Hoffmann
Advice Regarding All in One Loan?
14 November 2024 | 5 replies
My goals would be to increase monthly cash flow and have more access to the property's equity for things like Cap Ex, etc....Here's a blurb from a lender's website:"By combining banking functionality with home financing into one dynamic instrument, borrowers are able to save tens of thousands of dollars and years off their loan""Designed after popular programs around the world, the All In One First Lien HELOC is the nation’s first transactional offset type-mortgage program.Home financing and banking combined:Deposits lower your loan’s principalFunds remain available for expensesInterest is calculated on the average daily balanceThis lowers the monthly interest paymentsTens of thousands of dollars can be saved over the life of the loanMortgage freedom can be achieved in half the time or less
Eric Carlstrom
First-Time STR Buyer --- Feedback / Guidance Requested
26 November 2024 | 21 replies
Did you know Booking.com has 4x the visitors to their site than Airbnb and VRBO COMBINED?
Saad D.
What parts of your processes and tasks are automated?
20 November 2024 | 18 replies
It also a property management piece built in with lease management functionality and maintenance requests.
Collin Schwartz
Trading W-2 for Self Management- 0-92 Units in 16 months!
1 December 2024 | 377 replies
I am still going pedal to the medal as long as the deal makes sense and I have my business functioning well.
Christian Gibbs
What is the typical fee charged by property manager while rental is vacant?
25 November 2024 | 19 replies
So far we've spent $1850 on two different exterminators combined but at least the house can begin to get worked on.I am used to working at a faster pace and hiring contractors to get things done.
Melissa Faraias
Using the company TheGuarantors for my new rental - Advice needed
19 November 2024 | 2 replies
Their combined monthly income is 3X my rental amount but the man's income is in cash (he is a car mechanic).
Julio Gonzalez
Real Estate Professional Status
19 November 2024 | 0 replies
To qualify, taxpayers must meet specific criteria demonstrating that they are real estate professionals who materially participate in their rental activities.How to Navigate the Rules:Step 1: Identify your real property trades or businessesHere is a list of activities that are considered to be a real property trade or business:RedevelopmentLeasingConversionConstructionReal property developmentReconstructionOperationRentalBrokerageManagementAcquisitionIf you participate in multiple of these activities, you may be able to combine them making it easier to meet the material participation hour requirements.Step 2: Demonstrate material participation in real property trades or businessesThere are seven tests to determine if you demonstrate material participation.
Deal H.
Turnkey or BRRRR?
27 November 2024 | 48 replies
I personally use my HELOC now to help with quick acquisition in combination with my 100% purchase/100% Reahb hard money loan and then i just pay it back off at the end of the BRRRR.
Zach Rumfield
Family cabin in the mountains next to a major ski resort. Why not AirBnB?
22 November 2024 | 15 replies
It earned about $35K a year, which combined with is retirement and social security benefits, provided him with top shelf top shelf living facilities - assisted living and then memory care.