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19 February 2025 | 27 replies
I am sure if you search for standardized RE rental forms in your state you will find one very similar.
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21 February 2025 | 12 replies
Hey @Brandon Wallace so first, you are managing a Short Term Rental, not an AirBNB.
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21 January 2025 | 1 reply
LA City here~How do you market your rental to insurance companies directly for temporary home placement?
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25 February 2025 | 18 replies
My easiest, no hassle, lowest expense rentals are the ones where the tenants stay 5 + years, do minor maintenance themselves, call me immediately with any issues so I can fix them before they become much more costly, and agree to annual market adjusted rent rate increases.
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27 February 2025 | 11 replies
Approval is based on rental income, not personal income.
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27 February 2025 | 7 replies
If you also have W2 income, then Section 179 income limitation on Schedule C should not matter.Also, whether you take $1k of depreciation or $19k of depreciation, after adding it back you have the exact same income for underwriting purposes, so I'm not sure why you're concerned about a reduced amount of depreciationI don't have a W2-I do receive alimony, and have three rental properties and this business.
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20 February 2025 | 11 replies
•If the rental income, insurance costs, and resale potential make sense, I wouldn’t immediately rule it out.
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21 February 2025 | 6 replies
But for the best local advice, make local connections in the market with Host groups and Rental Associations.
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10 February 2025 | 4 replies
My understanding is that typically, a homeowner must live in the property for at least a year before converting it to a rental.
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18 February 2025 | 35 replies
I had no rentals any interest in rentals at that age in 75 when I started I had just turned 18 and got my RE license I was making 5k a month within 10 months or so..