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9 October 2024 | 12 replies
If the seller gave instructions to his agent to not present any offers under full asking price, then the agent is obeying the wishes of his principal.Sounds like you can’t afford the property.
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9 October 2024 | 9 replies
On either an A class property or a commercial building, I would do preventative maintenance, but beyond that I wouldn't worry about it.
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8 October 2024 | 4 replies
W-2, 1099, etc.) with passive income/loss from my rentals (STR, LTR) is to meet the IRS requirements for Real Estate Professional Status or REPS (this also requires material participation in addition to specific requirements to be considered a REPS).Very unlikely that you will qualify for REPS with only an STR and a local property manager.
8 October 2024 | 4 replies
This would also eliminate the need for gas at the property as you can go all electric in the buildingI am not sure on the cost per se.
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1 October 2024 | 9 replies
"Additional Insured" on Insurance Policy to Property as CollateralHow specifically should a private lender be mentioned on the owner's insurance policy to a property used as collateral to a loan.
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1 October 2024 | 12 replies
I have two LTRs out of state that are managed by a local, fantastic property management company.
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8 October 2024 | 13 replies
Rehabbing properties and building a portfolio of rentals are two avenues I’m considering to get started.
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9 October 2024 | 2 replies
By the next morning, Dylan was at the property, contract in hand, securing what would turn into a $40,000-$50,000 assignment fee.
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8 October 2024 | 1 reply
These types of properties are easier to come by, often better priced, and can increase your overall rent for the property.
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30 September 2024 | 17 replies
Can I self manage this property and still get a refinance?