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12 September 2024 | 2 replies
These lists include details like the type of permit, property address, project scope, and sometimes the owner or contractor's contact information.How Real Estate Investors Can Use Building Permit Lists:Identify Potential Sellers:Investors can track permits for major renovations or additions.
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16 September 2024 | 3 replies
The management business is more competitive than when I started in 2016, you need experience and/or an edge.
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18 September 2024 | 0 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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15 September 2024 | 11 replies
The key factor is ensuring the property qualifies for favorable tax treatment by adhering to IRS rules regarding short-term rentals and material participation.For the 7-day rule, the IRS requires that:The average guest stay must be seven days or less for the property to qualify as a short-term rental.If the average stay is 30 days or less, you must provide substantial services similar to what hotels offer, such as daily cleaning or concierge services.Regarding material participation, to further classify the income as non-passive, you must meet one of the following criteria:You spend more than 500 hours actively managing the rental in a year.You manage the business yourself and spend at least 100 hours, with your involvement exceeding that of any other person involved in the rental.Please note there are actually 7 ways to qualify, the above two are the most common.
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18 September 2024 | 23 replies
That means you have virtually no experience in Real Estate.
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13 September 2024 | 3 replies
Hello everyone! I am looking to meet new investors and ones that are looking to sell property.
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13 September 2024 | 3 replies
I have built my boutique broker business around foreclosures and other distressed properties (probate/divorce).
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17 September 2024 | 4 replies
I recommend scheduling a call with a real estate lawyer.
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15 September 2024 | 13 replies
So far, I have one lender with whom the HELOC convo was actually going well until the matter of the house being owned by a business came up; then she redirected me a commercial loan (which may be what happens).
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18 September 2024 | 3 replies
Hello, Would like to understand how the Bella Vista Arkansas real estate market is doing?