
16 May 2024 | 4 replies
The answer varies greatly depending on the arrangement of your deal with the owner/landlord but in general you need renters insurance to cover your contents (since you are renter presumably) and then excess liability coverage for your short term rental activities.

16 May 2024 | 19 replies
We only have 1 property with a perfect 5.0 and it is a matter of time before someone with unreasonable expectations gives us a 4 or lower.The strategy we are taking is to use the rebuttal as a way to advertise the property.

16 May 2024 | 1 reply
Most people will not qualify for this, Fannie multifamily is simply not an option for someone new to this asset class.Bank - This is a Texas headquartered bank. 25 year amortization isn't the sexiest, but that's a human-attainable interest rate with very modest points/fees, with a short prepayment penalty.

15 May 2024 | 4 replies
Hey everybody! I'm a new real estate agent in the Portland, Maine area. I'm full time as a real estate agent and also work 1099 as a carpentry apprentice on the side. I'm looking to buy my first property as a house ha...

16 May 2024 | 8 replies
Rents for apartments and single family homes are up significantly, and I don’t see that trend ending any time soon: we are severely lacking in housing and available inventory.

16 May 2024 | 6 replies
If ab2482 does not apply, then 6 month lease (so the tenant is not treating it as real short), then have it go month to month until one of you wants to give notice.

18 May 2024 | 6 replies
I have a buddy that is in mortgage but unfortunately we are not able to secure deals with his company because most buyers have better financing or cash options and this is taking me out of the game.

15 May 2024 | 11 replies
We are currently in a down trend that I expect to last three or more years.

16 May 2024 | 4 replies
I've personally worked with a handful of "investor-friendly" lenders, primarily on DSCR loans in recent years, and each time I've run into significant delays, lack of transparency about the process, have been fed the requirements in a piecemeal fashion (every few days there's a new random request rather than having it all organized from the start), and have even run into lenders who were substantially misinformed about the real estate industry or the laws that govern it on both a local and federal level.I think there should be a better site to encourage accountability by tracking how long it actually takes each lender to close their loans on average, and what unexpected hurdles investors encounter when trying to work with them.I can't seem to find such a site.

17 May 2024 | 8 replies
You pay 40% short term gains tax. 18k profit, net.