Connie K.
Transferring property in Arizona LLC to a Minnesota LLC
2 October 2024 | 5 replies
I would love to hear a more detailed explanation on why your accountant recommends this if you are able to share with us the more precise reasoning.
Aaron Buehler
How accurate are STR revenue generator websites?
20 September 2024 | 17 replies
John is right about the enemy method, its the only accurate way to estimate revenue.The blanket estimated revenue amounts on analysis websites like AirDNA can be a decent baseline, but generally include too big a pool of properties to give a very precise estimate.The way I use the enemy method: Sign up for a pricing software that has market analysis (I use PriceLabs but most of the pricing softwares have this feature).
Jon Zhou
Ashcroft capital: Additional 20% capital call
9 October 2024 | 312 replies
A GP needs to purchase a new rate cap for their floating interest rate loan: the funds will cover the cost of a rate cap for 1 year, at which point you are back to this decision point.Here in example #2, is precisely the report from the lender that I forwarded to this group.
Marijuana (MP) Vandyck
Can anyone confirm is capital gains taxes will be waived in SDIRA Property Divorce?
16 September 2024 | 8 replies
However, precise execution according to IRS rules and clear documentation in the divorce decree are crucial to ensure it qualifies for tax-free treatment.
Lesley M.
Sell or continue renting SFH in St Louis area
16 September 2024 | 5 replies
About half the time the investors bought something really crappy in a bad area and the experience you describe will be repeated over and over.The other half of the time this is just bad luck and things turn around because the property is in a decent area.It's really hard for anyone to know which situation you fall in because we don't know where the property is located (precisely), what exactly you've been doing in terms of repairs and maintenance, who's managing this property, etc.
Aamna Kidwai
Investment Loans (DSCR?)
16 September 2024 | 13 replies
Many investors use a general rule of thumb for midterm rentals that they should earn about 50% more in rents than an equivalent long-term rental (whereas short-term rentals should earn double or 100% more than if the property was utilized as a long-term rental).However, for DSCR lenders, change can be slow and challenging, and many lenders prefer and require more precise qualification measures than rules of thumb.
Don Konipol
Why I Believe Many Investors Have the Wrong Goals
13 September 2024 | 20 replies
It is precisely because of mentoring programs that teach strategies and techniques to people who do not have any grasp of the three afore mentioned fundamentals that we have such a mess with “wholesaling” and “subject to” that governmental authorities are figuring ways to heavily regulate or outright ban these activities in the residential real estate field.
Taha Tekreeti
Question about responding to tenant threatening to withhold rent
12 September 2024 | 8 replies
Your tenant is only allowed to withhold rent when specific requirements are met, and they must do so in a very precise manner.
Matthew Irish-Jones
Cash is NOT King... in Real Estate Investing
21 September 2024 | 69 replies
@Matthew Irish-Jones I thought I had to reach precisely 30 sub $100K houses that meet the 1% rule which will equate to $250 in consistent cash flow each month per house.
Ivana Ivanovic
Help me figure out if I am crazy or...
18 September 2024 | 35 replies
Many investors never bother to understand precisely how a passive investment will work.