Garrett Brown
A very simple way to increase your ROI inside your STR
9 January 2025 | 35 replies
Great idea(s) depending on your market.
Michael Plaks
EXPLAINED: sending 1099s to contractors and vendors
15 January 2025 | 13 replies
Even if they do not, it’s not your legal responsibility.Long version: It actually depends on your method of payment, and it’s not always clear.Credit card payments: clearly not you problem, no 1099s needed.Zelle payments: you DO need to send 1099s for Zelle payments.PayPal, Venmo and Cash App payments: this is where it gets tricky.
Sebastian Albors
New and Looking to Make First Real Estate Purchase
25 December 2024 | 8 replies
And you'll have the best rate/points options with a primary residence.Option #2 is great, especially if you're willing to move into one of the units (because the down payment minimum is just 5% or 3.5% depending on program), but as you mentioned it's really tough here to find small multifamily here.
Eric Lopez
Estimating Operating Expenses
19 December 2024 | 3 replies
For multifamily properties, this is often around 40-50%, but it can vary depending on the property's condition, location, and age.- Analyze Comparable Properties: If you’re working in a specific market, reach out to other landlords or property managers with similar assets.
Matt McNabb
Building Future Cashflow Portfolio
15 January 2025 | 14 replies
@Alex Martinez it all depends on your portfolio and the Class of properties-tenants!
Brett Jurgens
Best way to use built up equity?
22 December 2024 | 23 replies
Just ensure the new loan doesn’t overextend your cash flow.The best move depends on your long-term goals—cash flow vs. equity growth vs. diversification.
Kevin Akers
Cash-out Refi or Line of Credit
19 December 2024 | 14 replies
The decision about the cash out refi all depends on the different terms from the lenders.
Schuyler G.
Which Areas Rent Fastest? Building a Tool to Find Out—Help Needed!
28 December 2024 | 7 replies
In our experience, things move in ebbs and flows and the speed of rental depends on your asking rents relative to competition.For example, there was a period of several months at one of our properties when a 3 or 4 BR unit came on the market it rented almost instantly.
Shawn Parsh
Social Media Marketing Advice
9 December 2024 | 12 replies
It can be helpful to have that old fashioned sit down like you said, but it's no longer necessary.
Vanja Dimitrijevic
Cash out refinance primary residence to buy another
8 January 2025 | 8 replies
It's worth comparing terms between your current lender and others to see who offers the best deal in terms of rates and fees.Purchasing a Property: Whether you purchase through regular listings, an agent, or an auction depends on your risk tolerance and expertise.