Danilo Grullon
architectural plans for new construction
28 October 2024 | 15 replies
For most, if not all, established architects/firms, that is not how it works.
Tony Thomas
Is there any benefit to starting my own property management company?
23 October 2024 | 7 replies
Hey @Tony Thomas, I won't speak to the tax side (not a tax pro) but from a bookkeeping perspective, this will complicate your operations (and, bookkeeping as a result) quite a bit.So, ensure you have super powerful incentives from an REI-savvy attorney and an REI-savvy tax advisor prior to making this move.Some of our Clients have implemented this in the past (prior to working with us) and their businesses weren't large enough to justify the complications that come with this type of structure.Hope that helps!
Heidi Kenefick
1031 exchange and depreciation recapture?
28 October 2024 | 34 replies
It’s definitely something to discuss with a tax advisor who knows these ins and outs.
Rene Hosman
What topic are you most eager to learn about before 2024 ends?
23 October 2024 | 6 replies
Professional trade journals such as Accountancy, Tax advisor and others.
David Zall
Treehouse Vacation Rental
24 October 2024 | 14 replies
You can search your local area to establish comps through visiting various short term vacations sites (Verbo and Airbnb).
Shane O'Neill
Out of state investor
23 October 2024 | 11 replies
Talk w/ your cpa/financial advisors about those.
Shawn Soltani
Hello from the Sunny Spain! Excited to Connect and Share Experiences
23 October 2024 | 9 replies
Would be either near Lucca, Italy whereMy brother is, or more in Belize where we already are established.
John Semioli
Refinance Options for STR when loan-to-value ratio (LTV) isn't enough
24 October 2024 | 19 replies
Hey John,Sounds like the answer would be to utilize a DSCR lender that utilizes either pre-established STR rental income (if you can prove with AirBNB/VRBO statements) or a few that are still UW with AirDNA or a similar STR income projection program.I am aware of a few still doing it at this time, and if you can show that you know what you are doing you shouldn't see much of a cut in LTV if at all.Happy to connect and see if we can help.Good luck!
Tucker Mason
How Do You Handle Property Management for Out-of-State Rentals?
25 October 2024 | 9 replies
Plus, they often have established connections with handymen and contractors, making maintenance and repairs seamless.
Doug Kirk
Best Strategy for Starting Out in Real Estate
31 October 2024 | 44 replies
You can focus on properties that have strong rental potential to generate steady cash flow, helping you pay down the mortgages over time.Once you’ve established a solid cash flow and built equity, you can scale by adding more properties gradually.