
17 May 2024 | 6 replies
For example, Detroit MSA AMI for household is $67k+.

16 May 2024 | 20 replies
Does the property lend itself well to other income streams - paid laundry, storage area, or carports for example?
17 May 2024 | 5 replies
I mean once you talk to them, it's pretty easy to spot if they know what they are talking about.I've work on STRs before and to be honest, it is not the most fun aspect of accounting because the volume of allocating income from all sources (airbnb, vrbo, stripe, direct booking, and so on) to a bunch of random expenses (cleaning, supplies, repairs, advertising, commissions, and all typical real estate expenses).I had to strictly rely on the client's input on what the expenses belong to which property or even units, if the paperwork doesn't say.

16 May 2024 | 14 replies
A performance deed -- essentially a substitute for a deed in lieu of foreclosure -- causes problems with title insurance on a subsequent sale because the deed was not executed after default and good faith negotiation with the lender (the typical DIL scenario).

15 May 2024 | 16 replies
Also, if the groups that you are investing with offer any type of tiered structure, are you typically pooling enough capital to fall into a higher tier?

19 May 2024 | 90 replies
BIG companies typically don’t want to be south of 90 bed. 2nd tier, north of 50.
15 May 2024 | 8 replies
2-4 units typically have lower loan to value then do single family homes.

16 May 2024 | 25 replies
After that point, you will be able to catch up with all your bonus depreciation in a future year, for example 2025.

16 May 2024 | 2 replies
The latest example is she wanted me to go over to kill a bug.

17 May 2024 | 1 reply
For example, if both partners, track finances and no one tracks maintenance.