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22 March 2024 | 17 replies
The person I am working with is a local and also mentioned that it is a desirable location with low crime.
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23 March 2024 | 14 replies
@Chris Dawson What I'd guess @Basit Siddiqi is saying is that a single SFR does not require a level of involvement that, in and of itself, can possibly satisfy real estate professional requirements.
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20 March 2024 | 4 replies
There are lots of Youtube videos that go through the details for Inspections and Reserve Requirements here.
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24 March 2024 | 14 replies
Doing a 1031 only just moves your equity in real estate around with deferred tax liability.You have competing requirements.
21 March 2024 | 4 replies
They might be able to put you in touch with other specialists or investors and frequently possess market knowledge.In your desired neighborhoods, go to open houses or property tours.
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21 March 2024 | 6 replies
(I am not required to pay tenants the interest on security deposits).
23 March 2024 | 7 replies
One we just took on under management required a $175 admin fee to register the condo as a rental with the HOA.
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22 March 2024 | 88 replies
Cash flow always comes in a few years thanks to being in a desirable location with increasing rents, and that's cool too.
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23 March 2024 | 4 replies
My wife and I would like to buy a rental next year (most likely using a DSCR loan, to dodge the DTI requirement), but I'm not completely sure if that would get us stuck down the road.
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23 March 2024 | 12 replies
If you're difficult to deal with or require extra handling (i.e. pays each month's rent in 2 or 3 payments) there's a $250 upcharge on what the rent increase would be normally.