
9 July 2024 | 3 replies
In my opinion, going there in person can help so you can get copies of what needs to be filled out and can ask for a step-by-step process.

8 July 2024 | 5 replies
If this is for personal use then I'm not sure I'd entertain this idea.

7 July 2024 | 89 replies
Do I personally buy cashflow negative rentals?

9 July 2024 | 12 replies
It's the best way to test what you like and don't like in a low risk environment.Once you've done this, you'll probably have even more saved up and experience to make you more confident in choosing a direction.If you decide to just dive into one of these markets and strategies, I'd recommend focusing on your personality, goals (cash flow first or something else) and how much time you have.

12 July 2024 | 23 replies
So, answer the first two questions and I will try to give you straight to a point answer, with no judgment or meddling in your personal affairs.

8 July 2024 | 0 replies
The study identifies with forensic engineering detail the immediate Bonus Depreciation 5, 7 and 15-year personal property class lives qualifying portions of a building that are normally buried in 27.5 year residential or 39 year commercial categories.

8 July 2024 | 7 replies
Personally, I'd run the business knowing capital will be TRAPPED in these rentals, and rates won't drop much in the next 4 years.

8 July 2024 | 3 replies
I always got a DP3 policy (ask your broker) with $500K liability on my rentals, topped off by a $2M liability umbrella off my personal residence.

8 July 2024 | 6 replies
Personally, rather than push on rate I would go for max flexibility on the repayment.

7 July 2024 | 14 replies
I am not an attorney, so don't take this as legal advice, but I had a lender tell me that financing with a DSCR compliments holding a STR in an LLC for liability purposes.Financing an STR held in an LLC with a 2nd home mortgage that reports to your personal credit creates a hole in the corporate veil per se.On the other hand, financing an STR held in an LLC with a DSCR loan that is qualified only by the asset's income offers much more separation of personal and business liability.