Carly Stewart
Indiana Brokerage Sponsorship and MIBOR membership
6 February 2024 | 3 replies
My monthly fee covers E&O insurance and Showing service plus tech fees, so shop to see what you need, that would be minimum.
Vinicius Cadengue
Funding options for my first deal
6 February 2024 | 5 replies
What key factors should I consider when evaluating financing options for a investment property?
James Palassis
Borrower wants to pay significant portion of down
6 February 2024 | 6 replies
Tell them they pay attorney fees $7000, notary fees $400 for two people two locations, recording fees $100, any title or taxes it will slow down the desire to make changes.
Jayvelyn Carbonel
Will 2024 be a buyer’s or seller’s market?
6 February 2024 | 3 replies
And there are several factors to consider, the high cost of living caused by high inflation rates and high interest rates and other more."
AJ Lee
STR deal evaluation / calculation - self managed vs. PM
6 February 2024 | 8 replies
The going rate here is more or less 18% management fee but they keep your reviews meaning if you change management companies, sell the property and the new owners are not willing to use the same management company etc. you lose the reviews so when it is marketed you are starting from scratch.
Pj Arora
Save taxes on W2 using Short term rental
5 February 2024 | 5 replies
This can provide a significant tax advantage.Deductions: Expenses related to maintaining and managing the property, such as property management fees, maintenance costs, utilities, and mortgage interest, may be deductible.Tax-Free Rental Income: In some cases, if you rent out your property for less than 15 days a year, you may be able to pocket the rental income without paying taxes on it.Section 179 Deduction: This deduction allows you to deduct the cost of certain qualifying property as an expense, rather than depreciating it over time.
Peter D.
Rental Property with Adjacent Vacant Scenario
7 February 2024 | 2 replies
Buyer is requiring to use their own title company and is willing to pay all costs and fees associated with the vacant lot purchase.
Joel Oh
Write off luxury car under STRs?
7 February 2024 | 34 replies
do you live by your STR and offer a private car service to guests for an additional fee?...
Cassidy Klundt
Finding the Right Market
6 February 2024 | 7 replies
I agree with of the factors previous commenters have stated.
Leon Lee
Help on Several Common Questions Related to MTR
6 February 2024 | 7 replies
The high fees on platforms, less recreational travelers vs. more business travelers, and the cost of cleaning are really pushing me to explore mid-term rentals more.