I am now living here for a year per the loan agreement but I am ready to move out and get it rented.

No problem right.So what do you do when you find out the borrower is in prison and the 17 year old daughter who is a junior in high school is living in the property and she is trying to find a place to live with a friend and needs an extra 3 weeks.

In the ten-year period beginning with Q2 2014, the Downtown submarket has experienced the greatest introduction of new inventory, 19,373 units, amounting to 21.7% of all new market rate rentals added to the market.Asking and Effective RentAfter finishing April with no change, asking rents climbed by 0.3% to $2,381.

The land market here has really taken off over the last 10 years.

Nothing long term though max 2-3 years.

Filter properties by geography and “rental yield” and get alerts when new inventory that meets your criteria hits the market.Let us know about any feedback you have and expect iterations on this in the back half of the year and into 2025!

PML and the other lending sources typically have different programs they offer that are less strict on underwriting but that additional risk comes at a cost of usually lower LTV, higher rate, higher points, and shorter duration (think 9-18 month loans instead of 30 year loans).  

Hello everyone,I came across a deal for ~50 units of small warehouses (each 700-800 sq ft) and leases are around 1 year each. 

@Brad Stegall My wife and I own two duplexes in Peoria which we purchased over the last year.

I've read a lot of posts about amending prior years tax returns, and filing a form 3115, but I'm still unclear on if it's possible to retroactively take 100% bonus depreciation.