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20 November 2024 | 2 replies
Can an LLC and individual owners be listed under a Land Trust?
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19 November 2024 | 7 replies
@Brandon StainesOption 1: do nothing you stay on mortgage and good is you still own 50% of house but bad is if she defaults then it hurts your credit tooOption 2: have her buy you out but that would require a new mortgage at a much higher rateNot much else you can do.
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19 November 2024 | 11 replies
I question how much value above costs can be achieved.An ideal BRRRR has zero costs and has positive cash flow after the refi to extract the value add.
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19 November 2024 | 6 replies
Most of our tenants are traveling healthcare professionals, so we’ve tailored our lease terms to meet their unique needs.If a tenant needs to terminate the lease early due to their contract being canceled, we allow them to break the lease without a fee, as long as they can provide proof.
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19 November 2024 | 10 replies
That is key, the consistency, and showing that for what you can get will be the indicator if they work or not.
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19 November 2024 | 12 replies
Hey @April Birdsong, You can use the Ring or a stand alone camera.I don't use a Ring but I have a stand alone, solar powered camera pointing at the main entrance.
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19 November 2024 | 13 replies
In larger volume, you can get better return.
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20 November 2024 | 4 replies
When you say you can refinance your VA, have you checked at your total allotment for VA loans.
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19 November 2024 | 19 replies
Any tips on how can i find a bigger group to rent to on monthly basis ?
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19 November 2024 | 7 replies
We purchased a property in early October and are placing it in service this week (mid November).We had intended to run a cost segregation study and try to accelerate depreciation which we can deduct against our W2 (assuming material participation).However, we have been reading through the IRS guidelines (eg publication 946 on Property Depreciation) and there seems to be the concept of "short year" which would mean that we can only deduct ~1.5/12 of a year's worth of depreciation in 2024.Is this correct or are there any different rules for STRs specifically?