Donnie Maguire
Quitclaim Deed - Conventional Mortgage Question
25 May 2024 | 13 replies
Quit Claim Deed & Due on Sale Clause: Transferring ownership via a quit claim deed can sometimes trigger the due on sale clause, which allows the lender to demand full repayment of the loan.
Krista Goodrich
Daytona Beach Short Term Rental Update
26 May 2024 | 45 replies
To add insult to injury, he removed the listing the day code notified him of the issue (since it's very difficult to get information on where STR is and is not allowed in most cities) as he didn't even know he was violating anything
Axandra Boselli
Home Occupation Zoning Permit Requirements
25 May 2024 | 2 replies
If you have anything registered to the address that may trigger an issue with the state or city.
Jeremy H.
No pets - harder to find tenant?
25 May 2024 | 15 replies
The sale was not triggered by the urine, but after washing the carpet it is somewhat apparent it had been urinated on, while the carpet was damp the smell got very strong.
Mary Joe
Buying and Transferring to LLC same year trigger TWICE the ppty tax hike in Florida?
23 May 2024 | 2 replies
When you subsequently transfer the title to an LLC within the same year, it will typically trigger another reassessment.This means you are likely to face two property tax reassessments: one when you close under your name and another when you transfer the title to the LLC, even if both transactions occur within 30 days.
Cameron Davis
I’m thinking of using my rental as a sober living house
27 May 2024 | 28 replies
That's a tough way to make a living man.I agree 3 to meetings a week is ridiculous number one when you are sober and you have to find a job you don't have any money you don't have any resources and in certain recovery houses they make you get up at a certain time in the morning and leave the house to go find a job and you have to be gone for so many hours just trying to go find a job I've done these programs going to meetings and constantly talking about drugs and alcohol and listening to people's stories is I think half of the reason why people go back to using I went to an AA or NA rodeo one day on a Saturday and for 5 hours all they did was have people get up there and tell their sob story about addiction and about that lifestyle it depressed me it showed me how not to run a sober house how to not run a halfway house The halfway house is a joke because they have you leave the house by 8:00 or 9:00 in the morning and give you no guidance give you no help give you nothing to get you to where you going to be and really help you get a job I was in a position where I was in Pennsylvania and a halfway house that made you leave by 9:00 in the morning and you can come back until 4:00 or 5:00 in the afternoon I had no money I had no phone I had basically no resources and no knowledge of where I was even at I stayed sober thank God I went to meetings but sometimes I couldn't get to a meeting that they required because I had no way of getting there in the time of night that they had the meetings and after being gone all day trying to find a job it was a ridiculous self-sabotaging program then I got in touch with another program and they suggested a sober house because I would have more leeway unless restrictions and by the way at the recovery house halfway house that I was at My last night there or the second to the last night that I was there One of the roommates was doing heroin the whole night in and out of the bathroom up and down and it was very distracting and nobody said anything I didn't get any sleep because she was up and down the whole night and I knew what she was doing I felt her energy The 12-step program the AA program is not a bad program but it didn't help me stay sober I kept myself sober personally if I had a halfway house or a sober house I would require only one meeting per week but I would also require an hour everyday of journaling and some kind of education as far as to their goals and and to their plan of action and dreams and desires I would do a totally different program because I've been in that position if I would have kept going to meetings and doing that kind of program I would have began using again the sober house doesn't require 10,000 meetings it's too much for a person and it only puts your mind in a mentality and the thought to use again and the desire and the trigger...
Cade Antonucci
Fire in one of my units
22 May 2024 | 3 replies
Many will work on contingency, taking a percentage of the final claim amount.In the meantime, you'll want to secure the property to prevent vandalism, further damages, or injuries.
Allen Bannister
5% conventional house hack advice needed
24 May 2024 | 15 replies
So, before you even think about pulling the trigger, you'll want to have a thorough understanding of what you're getting into.
Galen Miller
Buying an LLC that owns real estate
22 May 2024 | 6 replies
You may also be acquiring leases that you don't want to be stuck in.Generally if you acquire LLC units, you will be able to at least get a federal basis step up in the underlying assets.Also generally when you acquire LLC units, most states still trigger real estate transfer taxes.
Sunny Karen
Planning to start investing in Detroit - any one use Upside investments?
22 May 2024 | 48 replies
Even though they do a lot of the heavy lifting on sourcing and analyzing deals, I would never pull the trigger if I hadn't run the numbers myself.