Cory Iannacone
BRR"R"RR Method 2.0: Modifying the BRRRR Strategy for Today's Market
25 October 2024 | 2 replies
I think it is, but it is not the same BRRRR method investors are used to.The Changing Real Estate LandscapeThe real estate market has fundamentally shifted since the period from 2017-2020, which was marked by relative stability in terms of interest rates, demand, and supply.
Mike H.
LIHTC - New construction homes / Only need to rent 20% to lower income at 50% of ami?
26 October 2024 | 0 replies
Or, if possible, sell them (but I'm guessing that selling the units to owner occupants is probably not allowed and that they must remain rentals for the 30 year period).
Carolyn McBride
STR Tax Loophole/Strategy So Close to the End of the Year?
29 October 2024 | 9 replies
Yes you can definitely qualify for the STR loophole if you materially participate and keep the average rental period at 7 days or less.
Axel Scaggs
Seeking advice on expanding
28 October 2024 | 8 replies
The rates and terms are usually more favorable than DSCR loans, so I’d lean toward conventional financing while you can still qualify.BRRRR Method: The BRRRR strategy can be powerful, but it might slow you down a bit due to the current cash-out refinance seasoning periods, which can be as long as 12 months.
Ben Foullon
How do I form a holding company?
25 October 2024 | 4 replies
Consider if it will truly benefit your tax position, liability protection, or asset management, or if it will just add unnecessary paperwork.If you’re in a state like California, keep in mind that you’ll have to pay $800 annually to the Franchise Tax Board, file a periodic Statement of Information (SOI), and submit a Beneficial Ownership Information (BOI) report.It’s a good idea to consult a real estate attorney to ensure you’re making the best decision for your specific needs.
Sophie Sawyer
My experience with Sunrise Capital (Mobile Home Fund)
29 October 2024 | 67 replies
All businesses can hit speed bumps during any growth period.
Chris Seveney
Risky 2nds - Why a Paying 2nd can also completely wipe you out.
24 October 2024 | 15 replies
In WA state, we are deed of trust state and non-judicial (with an option for judicial) and requires a Notice of Default (30-day cure period) and a 120-day Notice of Trustee Sale with cure period.
Pretty Khare
STR tax loophole with a 2nd home loan
1 November 2024 | 22 replies
Your activity isn’t a rental activity if any of the following apply.The average period of customer use of the property is 7 days or less.
Deborah R.
Hurricane advice - LTR flooded
5 November 2024 | 39 replies
Lease termination may be necessary when the home is uninhabitable and significant repairs need to be made for an extended period of time.
Joseph Shuster
Negative Cashflow - STR
28 October 2024 | 46 replies
There is a ramp up period for a str business.