Shane Duncan
Found a 4-plex with great cash flow but I’m stuck
15 May 2024 | 48 replies
A wraparound mortgage could mitigate their liability concerns, as it involves creating a new mortgage encompassing the original one, offering layered protection.
Robert Ellis
43204 (Hilltop, Westgate, Valleyview) year over year analysis
13 May 2024 | 12 replies
In a recent request, I had an investor who asked me to look at this zip code in COlumbus OH. 43204 encompasses Westgate, Central Hilltop, North Hilltop, South Hilltop, and Valleyview.
Tyquan Fleming
Hard Money Lenders
9 May 2024 | 11 replies
Many lenders typically establish their minimum loan sizes at around $100,000, encompassing both the initial loan amount for the purchase price and any needed rehab expenses.
John Oks
Navigating the Sunbelt Housing Crunch: The Build-to-Rent Boom Amid High Interest Rate
9 May 2024 | 0 replies
This innovative approach to housing development is not just a response to market conditions but a strategic solution to address the pressing needs of renters and investors alike.The Sunbelt, encompassing states like Florida, Texas, Arizona, and California, has long been a beacon for those seeking warmth, opportunity, and a lower cost of living.
Bubba McCants
Seeking Recommendations for Property Management Software for LTR and STR
3 May 2024 | 11 replies
It is all encompassing but does have a few glitches.
Layne T.
Best area for a blend of rural / suburban living in North Carolina
2 May 2024 | 0 replies
Doing some research in 2-3 states and wondering what are the best areas in your state to look at properties for purchase that would encompass most of these:-Ability to get a few acres (don't need 100, but say 3-5)-Home that can come with land suitable for small hobby farm/homesteading type stuff (couple of horses, maybe small garden, etc.)
Craig Lessler
Airbnb - Active or Passive - Deductibility of Losses Schedule C
3 May 2024 | 30 replies
@Martin Nussbaum @Jason CollinsIt is important that you work with tax professionals who understand the unique tax consequences and planning opportunities surrounding STRs.If the average period of customer use is seven days or less (which would encompass nearly all AirBNBs, VRBOs, etc), the rental is not considered a rental activity under the passive activity loss rules.What this means is that whether one is a real estate professional or not does not matter.
Jason Pender
Qualifying hours to obtain REP status
19 April 2024 | 3 replies
This encompasses eleven authorized activities within the real estate sector, including development, construction, leasing, and brokerage.750 Hours Test: In addition to meeting the 50% test, individuals seeking Real Estate Professional Status (REPS) must surpass 750 personal service hours materially engaged in one of the specified real property trades or businesses.Understanding Material Participation:Material Participation: Only hours deemed material to the operation of a real estate business are counted towards qualification.
Alecia Loveless
ROW Problem Please Advise
16 April 2024 | 3 replies
It seems he has a ROW that encompasses all the usable land on this 1 acre parcel as it eventually runs into a drainage ditch h which has been confirmed by a surveyor.
Marc Possoff
Grays Ferry Gentrification?
14 April 2024 | 13 replies
@Marc Possoff Because 19146 encompasses many high end neighborhoods such as Devil's Pocket, Graduate Hospital, and prime Point Breeze.