
12 September 2024 | 9 replies
Fannie Mae will allow you to count Boarder Income if you are purchasing a new Primary home, have had renters living with you for at least 13 months, have proof of receiving rental income for at least 9 out of the last 12 months, if you qualify for Fannie Mae's HomeReady program (which is an income limited program, you do not have to be a 1st time homebuyer to qualify for this program).

17 September 2024 | 68 replies
Have you raised your rents each renewal cycle to at least kept up with the inflation of your variable costs of taxes and property insurance?

11 September 2024 | 7 replies
If push comes to shove I'm not above offering cash for keys to cycle out a bad tenant and get the unit ready for a good one.

11 September 2024 | 20 replies
You can make photocopies of the pages that show 3 different parties living there, with notation of the year and that will be proof that it was a triplex at that time.

10 September 2024 | 3 replies
I eventually want to get into building 5-10 houses a year, building myself up to the somewhat more recession proof market (Im thinking $650k+ builds, I also really enjoy lakefront.)

11 September 2024 | 13 replies
We document what we did each cycle and why we did or didn't consistently apply our logic.And, of course, as much as turnover is a pain, it is a great opportunity to bump up to market rate.Different landlords have different philosophies, but this is ours.

15 September 2024 | 19 replies
Keep in mind though Timber is highly regional when it comes to Harvest regulations , Growing cycles , Species U have hardwood and softwood.
12 September 2024 | 12 replies
To claim these, you’ll need to keep detailed records, including receipts, the purpose of the meetup, and how it relates to your business, as the IRS requires proof that the expense is ordinary and necessary.

10 September 2024 | 3 replies
As an LP, I only care about net returns on full cycle deals, because project level can, and often are, bring down project level returns significantly once you take into account GP fees and carried interest2.

10 September 2024 | 12 replies
The presence of e-cigarettes is not proof they are being used.