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24 March 2024 | 3 replies
Hey everyone,Anyone have any recommendations for great real estate-focused accountants to help me with my taxes?
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26 March 2024 | 11 replies
Further, they did end up paying us for all rents owed (by the time the program paid, tenant was nearly 2 mos behind on rent).The church was less formal and we defintely were worried about getting paid.
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26 March 2024 | 7 replies
@Anthony Warlick at 1.25M at 8%, assuming 75% LTV your payment would be 6879 without taxes and insurance (since that wasn't listed here).
26 March 2024 | 8 replies
FHA loan with monthly payment including taxes about 7800. the other side would get up to 3200.
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27 March 2024 | 12 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).
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27 March 2024 | 14 replies
A lot of my investors are just buying A-class for the tax benefit and breaking even.
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25 March 2024 | 3 replies
A short sale is just a sale but the lender is agreeing to take less than they are owed.
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27 March 2024 | 21 replies
Let's just imagine a scenario where you only have one property, and you don't use any PMSs or apps like Turno, for example.Cleaning and maintenance: 4 hours per weekRestocking supplies: 1 hour per weekResponding to inquiries and bookings: 2 hours per weekHandling guest concerns during stays: 1 hour per weekCreating and updating listings: 1 hour per weekManaging pricing: 1 hour per weekFinances and taxes: 2 hours per monthInspections and minor improvements: 4 hours per monthTotal estimated time per week: 12 hours, more or lessTotal estimated time per month: 26 hours, more or lessIf you do use pieces of software to automate your work, it can be even less.
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27 March 2024 | 18 replies
He narrowly escaped the property tax sale on his primary home a few weeks ago.
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26 March 2024 | 3 replies
@Zachary JensenIs it only depriciation or also insurance/re tax/mortgage costs?