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6 January 2025 | 0 replies
Seasonal Slowdown (With a Twist)The holidays always lead to a slower rental market as potential tenants prioritize family, travel, and gift-giving over finding a new home.
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7 January 2025 | 6 replies
You could, for the purposes of verifying that you are not renting to someone who is potentially dangerous or financially incapable of shouldering the burden of being a roommate, ask them to apply through Zillow so that you can see their background check, that also gives you the opportunity to have others who might be interested in being your roommate as well, apply.
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15 January 2025 | 13 replies
You have two things going on, and they are unrelated for tax purposes:1. doing rehab and paying contractors2. borrowing money from a HM lender
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8 January 2025 | 14 replies
Most purposes that people on the BP forums are transferring properties to an LLC, would be exempt of the Due On Sale Clause.
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14 January 2025 | 18 replies
The purpose on my end was to have an investment that could be used during retirement as cash flow tax free.
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9 January 2025 | 9 replies
Regarding a 1031 exchange, while the property was rented and treated as an investment property during your deployment, if you maintained it as your primary residence for tax purposes, it may complicate eligibility.
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14 January 2025 | 37 replies
They are asking for 28% capital call proportional to investment amount. primary purpose of capital call to survive high interest rates for next 1 year and hoping interest rates gets favorable by then.
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4 February 2025 | 17 replies
What's your purpose of hiring someone on an hourly rate?
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13 January 2025 | 17 replies
If the proforma has the rent roll at $1400 a month, there is a discrepancy that could lead you into a bad assumption on your business plan.Also one caveat, be aware of physical delineations around the area like bridges or railroad tracks or a canal.
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15 January 2025 | 11 replies
That is the purpose of umbrella insurance.