Jake Baker
Co-Living (rent by the room) BRRRR
11 December 2024 | 10 replies
Totally not efficient, but its something we may have to do.
Rajagopalarao Paidi
How to avoid or minimize Agent costs
10 December 2024 | 17 replies
Speed and cost/tax-efficiency are usually mutually exclusive.
Joel Florek
31 units in 30 months at age 24, $70k Annual Cashflow
9 January 2025 | 116 replies
Even if I have a claim every 10 years I will have saved $80k over that time period compared to the people who pay for better insurance.
Josiah Horn
One tenant moved out suddenly leaving non performing tenant in property
13 December 2024 | 5 replies
If they paid Dec rent, then they still owe you for part of Jan (if the lease requires 30 days' notice-if more time is required, then they owe you rent for that period (unless you rent it).
Griffin Malcolm
Are Solar Panels Worth It?
5 December 2024 | 34 replies
MAYBE HVAC, but that is less clear because the total cost of ownership of a very efficient system might not be that much better than a mid-grade system these days.
Don Konipol
Where Will the OPPORTUNITIES be in Note Investing in the Next Few Years?
7 December 2024 | 1 reply
“Notes” are such a BIG field, that I’ve found it more efficient, effective and profitable to target specific “arena” of notes at different times in different economic environments.
Marc Shin
STR - pets vs no pets
16 December 2024 | 21 replies
I do have a nightly pet fee but i put in my listing that if someone is bringing a pet for an extended period of time they can also reach out to me to discuss a flat pet rate for their stay.
Carter Mayberry
Refinancing my current FHA to Commercial Financing
13 December 2024 | 15 replies
@Carter MayberryRefinancing your FHA loan into a commercial loan and transferring the property to your LLC is a solid strategy, but here are a few points to keep in mind:FHA typically requires a one-year ownership seasoning period before refinancing is permitted.
Hector Espinosa
Seller Financing Advantages and Disadvantages
10 December 2024 | 5 replies
* House is a 2699 sq/ft Single Family Residence| 3 beds, 3 bathroom | Built in 1956 | NO HOA * There is a chance I could pay only interests so I can start saving some cash for the incoming maintenance and annual payment equivalent to the 12 monthly payments (~$5,029.77 per year during the balloon period)The advantages I can identify in this deal for me are:* Lower interest compared with traditional loans* Lower down payment compared with the ones compared for traditional loans* House is technically ready to be rented (waiting for the inspection) * Forecast - 3 yr growth (appreciation) is expected to be 8.1 % (Bigger Pockets)The disadvantages I can identify: * I am still vulnerable to foreclosure if sellers don't make mortgage payments to the bank.* Refinancing issues at the end of the Balloon Payment?
Karin L Mahmoodi
Early Termination (abandonment) of Apartment Prior to End of Lease in Duluth, GA
11 December 2024 | 5 replies
It seems to me that she did but I wouldn't take the risk without talking to an attorney.The guidebook also says your lease should state notice periods for you to enter the property.