Rob Titus
Beginner LLC question
13 March 2024 | 12 replies
A single-member LLC provides protection while allowing you to report business income on your personal taxes.
Humberto Valle
Investment property for Buy and Hold with little repairs needed
13 March 2024 | 2 replies
Through conventional loan with a local lender at 5% downpayment, financed with LLC income.
Chad Herring
First time questions regarding lending money for fix and flip*
13 March 2024 | 26 replies
Please check out the book I co-authored called Lend to Live: Earn Hassle-Free Passive Income in Real Estate with Private Money Lending published by BiggerPockets.com/lendtolive.
Kyle Kline
Financing Options for BRRRR Method?
13 March 2024 | 11 replies
These are generally 12-24 month interest only loans that borrowers will generally pay back by selling or flipping to long term financing like DSCR loans.More on DSCR loans:DSCR loans won't use your income to underwrite the loan.DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.Here's a bit more in detail about how rates are calculated for DSCR loans:1.
Kevin S.
What would you do?
12 March 2024 | 75 replies
Many RE markets took beatings in their income at the Great Recession.
Kellan S
Looking for a Cleveland Property Manager for MTR
13 March 2024 | 11 replies
At the end of the day you are not going to get enough income to justify all the headache and extra funds you must layout. 10kish, furniture 24-hour security system, yard maintenance etc.
Nadir M.
Property Management Lease Agreement
11 March 2024 | 4 replies
Any help is greatly appreciated, I don't want to chose anything that not absolutely verified by a credible source.
Mak K.
Experience with Renting to Home Health Patients
12 March 2024 | 1 reply
Pros:Stable Income: These facilities often sign longer leases, providing landlords with a more stable and predictable income compared to traditional residential rentals.Higher Rent Potential: Because these facilities generate income through the services they provide, landlords might negotiate a higher rent than standard residential properties, reflecting the commercial nature of the tenant's business.Lower Tenant Turnover: Residential assisted living facilities tend to have lower turnover rates, reducing the frequency of vacancies and the costs associated with finding new tenants.Social Contribution: By renting such facilities, landlords contribute to addressing the growing demand for assisted living and support services, positively impacting their community.Property Maintenance: Tenants in this sector often maintain the property well to comply with regulations and ensure a comfortable living environment for their clients, potentially reducing wear and tear.Cons:Regulatory and Compliance Issues: Facilities must adhere to strict regulatory and compliance standards, which can involve the landlord in complex legal and zoning issues.Higher Insurance Costs: The nature of the business might require additional insurance coverage, potentially increasing costs for landlords if they are responsible for carrying this insurance.Modifications and Upgrades: Meeting the specific needs of an assisted living facility may require significant property modifications and upgrades, which can be costly.Market Limitations: Should the lease end or the facility close, the specialized modifications made to the property might limit the market for future tenants, potentially requiring substantial investment to revert the property for standard residential use.Operational Oversight: Landlords might need to monitor the facility's operations more closely to ensure compliance with lease terms and local regulations, requiring more hands-on involvement than traditional rentals.
Nana Sefa
Owner’s title insurance - to get or not?
12 March 2024 | 250 replies
Can you post the sources?
Matthew Paul
What type of housing problems are in the future due to the increased border crossings
12 March 2024 | 105 replies
Turkey population also increases due to massive incoming immigration, mostly because of the war in Syria.