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1 February 2025 | 4 replies
They will try to cover that up by saying they have some minor role in the general partnership.
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20 January 2025 | 10 replies
As our team has grown, it's become easier to cover responsibilities if someone quits, goes on vacation, or if we terminate employment, compared to when we had one or two homes.
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29 January 2025 | 18 replies
@Trevor McCormick to piggyback off what others have said, determine if you are trying to maximize it as an investment or utilize it as a vacation home you will STR to help cover expenses, as this could dictate which type of property you are looking for.
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6 February 2025 | 28 replies
You might also consider creative strategies, such as renting parts of the property to cover expenses while you navigate the process.Best of luck, and I’d love to hear how things progress.
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16 January 2025 | 2 replies
They get a higher return since they are covering housing cost, have the $250k per spouse primary residence deduction in gains, is a savings account, higher leverage position, lower interest rate possible, will pay more premium for location, etc.House might be overpriced for REITs but not for home owners.
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22 January 2025 | 20 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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20 February 2025 | 32 replies
That is one of my moves is to report Baselane to FTC for such fradulent practices, despite covered in footnotes in terms and conditions.
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21 January 2025 | 11 replies
I would also look at the full picture.
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21 February 2025 | 182 replies
However, B2RDirect hasn’t been provide any of pictures of real buildings yet.
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13 February 2025 | 95 replies
But you can get value out of all of them if you work them right.The reality is, for profit or non-profit, all REIAs have costs to cover just to operate.