Kevin Oh
Shopping around for better rates
18 December 2024 | 12 replies
Look at all the differences in both rate and terms but most important in my opinion is their track record in customer service and meeting deadlines and closing.
Nick S.
Airbnb/str management advice
16 December 2024 | 21 replies
Do you have someone that manages it all including bookings and customer service or just specific parts like cleaning only?
Derek Stevens
Valuation of unconventional and profitable STR property
26 December 2024 | 18 replies
The answer is to value this as any other business generating income, not just stick within the confined box of valuing the real estate only.
Carolina S.
Capital gains tax vs. 1031 exchange
21 December 2024 | 7 replies
What you would want to evaluate is the income generated from the income-producing property(s) to see if the income from your rentals would cover the cost of your new HELOC payment.
Wiley Underwood
Cost-Segregation Study Recommendation?
10 December 2024 | 11 replies
They will generate a report to you based on their findings.Type 2 - conducted by an engineering firm where they will have you complete a questionnaire.The questionnaire will ask you details regarding the house and therefore, I would recommend having a home inspection or appraisal at the time of completion.The above two studies have pros / cons and differences in cost and turnaround time.Best of luck.
Tinia James
Made no profit this year should I still file taxes?
20 December 2024 | 9 replies
If you've been active in this business and actively pursuing a profit during the year, the loss the business generates could help offset other income on your tax return.
Myers Bryan
Floorplan software recommendations?
14 December 2024 | 2 replies
Planner 5DPlatform: AndroidFeatures:Supports both 2D and 3D floor plans.Allows you to scan walls and create floor plans as you walk through a property.Offers a vast library of furniture and decor items to customize your plans.Bonus: Projects can be synced and edited on Windows through their web platform3.
Kristi Pratt
Thoughts on Rental with Rising HOA?
18 December 2024 | 2 replies
It's been generating an average monthly profit of $1,000.
Troy Boister
EIN Corporate Credit / The Unknown Benefit
17 December 2024 | 0 replies
This is NOT Business Credit.By establishing a separate corporate credit profile on the EIN Number (separate from the business owner's SSN/FICO), investors can access substantial business credit lines, capital for property acquisitions, and renovation funds without personally guaranteeing the debt.This approach creates a powerful financial firewall between personal and business assets while potentially generating a significantly larger (ROI) through reduced interest rates, increased borrowing capacity, and the ability to scale investments more rapidly.The education gap surrounding EIN corporate credit means savvy investors who understand and implement this strategy can gain a significant competitive advantage.
Ryan Fox
is the structural engineer correct??
17 December 2024 | 15 replies
There are companies with the customer best interest in mind.