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15 January 2025 | 3 replies
This sort of thing is market specific.
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15 January 2025 | 11 replies
Proportional leverage (like 27% LTV) isn’t specifically required, but if you don’t reinvest the full amount or fail to replace debt, the difference will be taxed as boot.
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23 January 2025 | 24 replies
It can help to ask them why they want the inspection and what specific concerns they might have.
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20 January 2025 | 7 replies
Easiest thing to do is to utilize your channel manager to create one (most have this feature) or maybe consider houfy.com or craftedstays.co, they are specific for creating direct websites.
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14 January 2025 | 2 replies
We're often helping each other problem solve our listings or helping with specific situations that are occurring at our properties.
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15 January 2025 | 3 replies
@Tom OchiengI would reach out to a real estate attorney for specific advice on this situation since you already have one tenant who is being difficult.On a side note, when I have inherited tenants, I have been most successful when I have provided longer non-renewal notices, like 60-90 days, and offered to assist with moving costs.
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3 February 2025 | 25 replies
To find the best community bank, I would post in a local facebook group and ask which are the best local lenders to work with and ask for a specific contact.
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4 January 2025 | 4 replies
Alternatively, once you have a full time job (or an employment contract), you should be able to qualify for a loan and utilize a Down Payment Assistance program.
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15 January 2025 | 5 replies
@Aishan Gonaduwage what specifically have you read, and how OLD was it, about Detroit being on the decline?
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15 January 2025 | 12 replies
CPAs often advise against pursuing this designation unless the time commitment and documentation are robust, as failing to qualify can result in IRS audits or penalties.The 500-hour rule pertains to material participation in specific real estate activities or businesses.