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24 July 2024 | 14 replies
As of 2022, zoning no longer permits new Airbnb’s in most zones - Fees upon fees upon fees: The STR hotel tax is no joke.
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26 July 2024 | 0 replies
So I've been using Rentler.com for years and like for its simplicity and low fees.
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26 July 2024 | 18 replies
Both own multiple LTR houses.Be aware that if you buy a STR in your SDIRA you can never stay in it or work on it while your IRA owns it. you cant stay in it even if you pay normal rates?
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26 July 2024 | 1 reply
So we are looking at purchasing a home (new primary residence) but we will be leasing back to the current owner for 120-150 days as the current build they are working on is being finished.I was told if I apply for a mortgage and disclose that it will not be my primary residence outside of 60 days from the point of contract that it will require a larger down payment and a higher interest rate.
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26 July 2024 | 2 replies
Plus fee delivery and expert advice from guys who thoroughly understand their product.
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24 July 2024 | 1 reply
High paying local jobs.Monthly cash flow: $306 /moIncome: $2,250 /moExpenses: $1,943 /moCoC ROI: 2.69%5-year annualized return 4.91% Mortgage payment $1,394.53Rental income: $2,250/mo Expenses: $1,943Loan detailsTotal cash needed $136,739Purchase price$ 336,990Loan amount $206,990Loan term 30 yearsInterest rate 7.1%Monthly expense breakdownTotal expenses $1,943Mortgage $1,395Taxes $280Insurance $47Variable expenses $180Fixed expenses $42Monthly Fixed expenses: $42 electricity $0gas $0water & sewer $0hoa fees $42garbage$ 0Other$ 0Monthly Variable expenses $180Vacancy $180Maintenance $0 (new construction)CapEx $0 (new construction)Management fees $0 (self manage)ReturnsNOI$ 20,412CoC ROI 2.69%Pro forma cap 6.06%Purchase cap 6.06%
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22 July 2024 | 6 replies
Hi all,where are investment property rate at today?
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26 July 2024 | 3 replies
At the end of 2025, I will be refinancing two of my portfolios (roughly 80 of the units) and extending the amortization as rates are up.
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24 July 2024 | 5 replies
Where I'm stuck is whether I should use a metering system that pre-prints a stamp onto the envelop or find a machine that can place a physical stamp onto an envelope (obviously I can't sit there all day stamping).I'm thinking from the perspective of mail that looks to "businessy" vs. mail that looks more personalized for better response/conversion rates.
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25 July 2024 | 6 replies
I see that they charge a fee and you have to upload a lot of info about the property as well as personal financial info.