Tim Hem
Capital Gains and IRS Publication 523
9 January 2025 | 9 replies
@Tim Hem I think Account Closedare right.
Bobby Paquette
Turnkey Multifamily with SCDC Investing ?
21 January 2025 | 5 replies
@Bobby Paquette, someone had asked about this group a while back and I will say, there is a lot that scares me about this company.
Steven Catudal
Investing in Alabama as out of state investor with a partner
15 January 2025 | 12 replies
Fannie Mae will allow you to transfer the deed to an LLC if you decide to try to go the conventional route, but the loan would still be in your names and you'll need to pay a title company a second time post-closing to do this for you. 3) I can't speak for the area so no comment there4) If you're self managing, make sure you find vendors you can trust in the area since you won't be able to easily verify if an HVAC guy, plumber, etc. is trying to rip you off and tell you to buy something you don't actually need. 5) Make sure you have clear alignment of goals and a clear operating agreement that spells out what to do if those goals start to not align in the future since you'll be jointly obligated to these properties.
Jaron Jackson
How to get rent payment from previous owner?
10 January 2025 | 8 replies
You can reach out to the Title company and see if there are any funds remaining for dispersement, if so then ask if there is a way to make a claim to those funds.
Fred Scott
Feedback for Sunrise Capital Investors
29 January 2025 | 10 replies
Their company is pretty great at not responding to their communities people , not following local law yet alone their own lease agreements The uptick of lot rents I get it it’s business but also driving out affordability for people which again it’s a business so some may say that part is just the territory , but not following lease agreements , hiring poor management and then doing nothing about it when it’s escalated is a reflection on their business aswell best of luck.
Ronit Lodd
Best Property Management Software to Scale to 10+ STR Listings? + Direct Bookings
26 January 2025 | 13 replies
Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.
Anil Shah
Using Agent Commission towards down payment for my own Investment Property
24 January 2025 | 10 replies
Now that we are 10 days from closing, I am talking to loan officer to get the Closing Disclosure so that I can know the exact cash to close (I need to move money from brokerage to bank account) and he is mentioning about 2% IPC limit.
Steve Mitrano
Flagstar Bank & LLC Transfer
12 January 2025 | 8 replies
Another work around that isn’t discussed much is working on a strategy with your insurance company to protect your other assets in the event of a claim.But also, it wouldn’t be a bad idea to consider getting the financing into your LLc name with a community bank and pulling cash out if you have substantial equity.Right now, since the loan is in your name, it shows up on your personal credit report.
Treza Edwards
Kiavi Funding Lender
15 January 2025 | 9 replies
Quote from @Treza Edwards: DCSR Loan Yes, but I believe they partner with another company to do the actual DSCR loan.
Christo Dichesare
New to this whole thing
7 January 2025 | 1 reply
There's no step by step guide but there are key things : Learn: RE strategies, what interests you, what do people in your area need.Connect: find a mentor, accountability group and be around those doing what you want to do.Help: solve problems- do people need dealflow, property mgmt, construction expertise, etc.