Marcus Welson
1031 exchange identification deadline extension
9 December 2024 | 2 replies
However, the actual deadline would be April 15, 2025 my individual tax payer filing deadline per Rev.
Himateja Madala
STR evaluation in Kissimmee(Reunion)
9 December 2024 | 21 replies
@Josh Green is probably the best realtor on these forums to assist you with short term rentals in Tampa.
Tyler Rabanus
DSCR Cash Out Refi Questions
15 December 2024 | 14 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.
Timothy Franklin
Clarifying the wholesale transaction
15 December 2024 | 7 replies
Gray area interpretation up to individual courts which have rendered seemingly contradictory decisions.
Lorraine Hadden
How To Navigate AirBNB!
9 December 2024 | 4 replies
Offer to be his/her assistant for free, do all the stuff he/she hates doing, and learn the business from them.
Ben Cochran
Should I pull some equity to purchase an STR?
11 December 2024 | 11 replies
If you are looking to work with a STR focused realtor that probably has the most STR sales in the area, is an STR investor himself, has a STR property management company and assists with staging if needed, and can give you a true pulse on the market, I recommend reaching out to @Josh Green.
Li Li
Seeking Local Insights for SFH Long-Term Rentals in Knoxville, TN
7 December 2024 | 1 reply
Specifically:Share your experiences investing in Knoxville.Recommend resources or tools for market analysis.Help me find off-market properties, turnkey rentals, or connect with wholesalers.I’m eager to learn from this community and collaborate with like-minded individuals familiar with the Knoxville market.
Stephen Dispensa
FEMA Relocation Scam - Landlords/Property Managers Beware
7 December 2024 | 2 replies
While showing one of the newly vacated units to a potential renter, he informed me that he was displaced because of the hurricanes, and that FEMA was providing him with assistance for moving, including paying his security deposit, rent, and moving costs.
Spencer Wayne Whitley Jr.
General Contractor looking to finance new construction
9 December 2024 | 14 replies
I remember when Lending Home, now Kiavi started, there really wasn't anyone other than banks and private individuals that would finance a new build...and those were hard to find.
Celine Rechyy
Seeking Guidance on Real Estate Investment, Especially House Hacking
6 December 2024 | 17 replies
In Illinois, the minimum age to officially become an unlicensed assistant is 18.