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13 November 2024 | 18 replies
Yes, they can have higher rates and fees, but they come with some major advantages too—like not needing personal income verification or DTI requirements, which can be a game-changer if you're looking to scale quickly.
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14 November 2024 | 6 replies
All three generate leads from insurance claim residents and traveling professionals (medical and the trades).One of the advantages of FF has been that it's forced us to have systems in place to create leases, accept security deposits without co-mingling and provide "live" customer service.
15 November 2024 | 14 replies
You’re are such at advantage compared to when I purchased my first property back in 2005.
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12 November 2024 | 7 replies
The main reason some investors put new STRs (short-term rentals) into service toward the end of the year is to take advantage of the tax benefits, especially if they have W-2 income they want to offset.
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12 November 2024 | 4 replies
TIAGlad to see you’re taking advantage of bonus depreciation.
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17 November 2024 | 32 replies
If they never get that opportunity then they're just going to continue to be scum of the earth maybe not be a sex offender again but they will be on the streets they'll be more vulnerable more chances for people to take advantage of them and make up lies about them and to get hurt because a lot of people want to hurt people with these type of crap I think people should get to know somebody and truly see how they really are before they judge them they should take the approach as everybody deserves a second chance.
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13 November 2024 | 23 replies
I'm doing a cash out DSCR refi so I still get some of my capital back and can take advantage of cash flow/depreciation and all the other benefits of holding.
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21 November 2024 | 39 replies
Some of the simpler asset protection solutions would include the following: having max funds allowed in qualified retirement plan or IRA rather than personal as retirement plans are exempt assets in Federal and most state bankruptcies; investing through an annuity if your state (Florida and Texas for example) exempts insurance policies and defines annuities as an insurance policy; taking advantage of maximum homestead exemption in your state; use of corporations or more popular LLC or Series LLC to limit liability to the entity holding the asset; reasonable liability insurance if available; separating asset ownership from asset management; etc.I can design a simple, cost effective asset protection strategy of up to about $5million with little cost IF the individual resides in Texas or Florida.
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21 November 2024 | 305 replies
They are all equally responsible for all requirements of the lease, peer pressure works, use it to your advantage. 3) 1st/last month’s rent and security deposits.
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14 November 2024 | 25 replies
Along with the tax advantages it has worked out well so far.We may be moving to San Diego next so I am excited to see what opportunities are ahead.