Michael Wither
Commercial Insurance Policy after transferring SFR rentals into an LLC?
29 March 2024 | 1 reply
I do like to do it that way for a couple of reasons, your name appears as an Insured and the true owner is not the primary insured.As far as the cost difference, in our area I have found that, for the good properties, the personal policies (dwelling fire) can be cheaper.
Jacqueline Lee
Section 8 Properties/how to own and rent out
29 March 2024 | 2 replies
@Jacqueline Lee I'll 1 up what @Evan Polaski mentioned....Each jurisdiction and city is going to be slightly different, but at the surface there is generally slightly more paperwork to get your property approved and into the system, but once you get it up and running and the first tenant in there, its generally straight forward to get the rent increases etc.A good place to start would be your local housing authority, they may even offer "Landlord" classes to understand the system more.
Vlad Krokhmal
Renting out basement in single family home to a separate tenant
29 March 2024 | 1 reply
However, it seems like STR-ing the basement on AirBnB might be a gray area as it is no different than renting out any other room within a house?
Tanner Pile
House Hacking Possible in Fort Lauderdale Area?
29 March 2024 | 3 replies
Also keep in mind you make real estate in four different ways:1.
Horacio Gutierrez
Capital gains taxes on sell property
29 March 2024 | 8 replies
For rentals its a different story.
Thomas Brown
Need estimate expectation guidance
29 March 2024 | 12 replies
I don’t like providing blanket SF costs as there are scopes that differ depending on the home but it’s very difficult to complete a gut renovation on a 2,000 SF home for less than $200,000 if you’re pulling all proper permits and and not cutting corners.
Juanito De Dios
New To Land Lording - Looking for Tips and Advice
30 March 2024 | 16 replies
I'm bringing in a panel of expert real estate investors with decades of experience across many different strategies.
Nana Ofori
question about title company for wholesaling real estate
28 March 2024 | 3 replies
My question is If my wholesale deal is in for example Baltimore Maryland, can my title company/closing location be at a different city?
Joseph O'Sullivan
TSP Loans - Current Pros and Cons
29 March 2024 | 11 replies
The max Uncle Sam allows is 50k if you haven't taken a TSP loan in the last year.I've seen both good and bad experiences with this but at the end of the day it's no different from any other type of loan, you are just your own bank in a sense.The downside or risk is that you lose your job, your property isn't cash flowing, are unable to pay back the loan, and your retirement account suffers since the loan essentially turns into a withdrawal.The upside or best case is you have the loan for less than a year, your BRRRR pays off the loan, and you pay yourself interest 5% interest.The opportunity cost is if the stock market goes up 20% and you were only paying yourself 5% interest you'll miss out on the excess returns.
Eric W.
Finding deals that justify pulling from HYSA
29 March 2024 | 7 replies
I think it does make a ton of sense to look around DFW than right inside DFW.And yes, I would try a few different tools to get a rent estimate, not just Zillow:https://www.rentometer.com/https://www.biggerpockets.com/insights/property-searches/newhttps://www.neighborhoodscout.com/Neighborhood Scout has pretty good info on what returns look like for specific markets.