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18 April 2024 | 11 replies
Required agency agreements will be the new norm going forward, not what caused the lawsuits.
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19 April 2024 | 11 replies
If not, I would still recommend going ahead with a professional cleaning company that has experience with mold remediation (make sure they send before and after pictures as well), if you really wanted you could give a small credit to the tenant to make them happy as well but 100% not required.
18 April 2024 | 83 replies
However, these strategies require careful financial analysis and planning to ensure that you can obtain sufficient cash flow to cover your expenses and debts Isn't it 7.5?
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18 April 2024 | 4 replies
This deduction can offset the income generated by the property, potentially reducing it to a tax-neutral position.For those with full-time jobs, the challenge lies in the IRS designation of "real estate professional," which has specific hour requirements that must be met to take full advantage of these deductions against ordinary income.
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18 April 2024 | 8 replies
Other loan programs don't have home ownership requirement.
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17 April 2024 | 9 replies
The county requires a septic inspection every three years.
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19 April 2024 | 13 replies
The only possible workaround is likely super low LTV (like sub 50) or if its a purchase and basically zero things that would be required to not do SRO if they chose to do a vanilla LTR
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18 April 2024 | 14 replies
However 3 bedroom is the squishy middle where there is only enough space for 1 nuclear family but not 2+, but will require a higher ADR and cleaning fee to be profitable than 1-2 bedrooms.
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18 April 2024 | 2 replies
We also require initial payments to be made in good funds for rent and security deposit, which helps to solve a lot of the asset verification.
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18 April 2024 | 28 replies
Required by Law, a Title I have for my Vehicle along with Automobile Insurance.