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29 January 2025 | 0 replies
Additionally, it's easy for a house on one lease to get absolutely trashed by the renter.
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29 January 2025 | 10 replies
Everytime you sell you will be taking part of the gain tax free.
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14 February 2025 | 4 replies
There are additional things to avoid.My purpose for bringing this to the attention of investors is because there are misguided gurus out there teaching these very techniques.
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29 January 2025 | 4 replies
Additionally, if your goal is to maximize personal financial benefits, consider profit distributions from the property-owning LLC, which may provide tax flexibility depending on your situation.By adhering to FMV, maintaining proper documentation, and structuring the lease agreement carefully, you can optimize tax benefits while staying compliant.This post does not create a CPA-Client relationship.
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14 February 2025 | 17 replies
In any pricing software or even inside of the OTA's themselves you can offer weekly discount on stays 7+ nights and additional savings for 28+ nights.
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28 January 2025 | 3 replies
Should I just save that additional tuition money and put that towards my first investment?
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28 January 2025 | 6 replies
Both @Nathan Gesner and @Lauren Stark have provided valuable insights on this.One potential path for you is to join an established team to gain experience.
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30 January 2025 | 10 replies
When investing in high cash-flow markets, I always recommend working with an investor friendly agent so you're able to gain the right insight on the different areas and the risks involved.
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30 January 2025 | 0 replies
Lenders may count eligible assets as additional qualifying income by dividing eligible assets by 60.🔹 Example in Action:Rental income: $9,000PITI: $9,500 → DSCR <1 (not qualifying)Using $63,000 in assets → Adds $1,045 in incomeNew DSCR >1 → Higher LTV (80% instead of 75%)🔹 Why This Matters:✅ Helps investors qualify for better financing✅ Increases borrowing power and flexibility✅ Allows you to scale your portfolio fasterUnderstanding financing tools like this can be a game-changer for investors looking to maximize opportunities.
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10 February 2025 | 6 replies
Additionally, ATCP 134.05 says that if the tenant provides a consumer credit report from an agency that compiles and maintains files on consumers on a nationwide basis and it is less than 30 days old, the landlord may still run a credit check but at its own expense.When I inquired with the company, they replied: "These laws are in place to ensure that you, as a landlord, are not profiting by incentivizing multiple applicants to apply when you have no intent to rent to them.