Angela Venger
Assets Protection Attorney
24 July 2024 | 2 replies
I think it's smart for your client to at least do a quick call with an attorney.
Cliff Durrett
How to calculate a properties value as a STR?
28 July 2024 | 2 replies
The value of a 1-4 unit is determined by comps in the area and most of the time it will be based on similar homes sold in a nearby area within the past few months.
Alberto Vargas
Options to exit hard money
29 July 2024 | 7 replies
As for an ARM or IO, if you plan on holding for a long time a 30 year fixed amortized loan at similar if not better rates then you are quoting might make more sense.
Julie Muse
Dolphin Road Triumph: Swift Flip in Titusville with Amonte Miller!
24 July 2024 | 0 replies
This quick and profitable transaction showcased our effective strategy and the strength of our partnership with Amonte, highlighting our ability to deliver outstanding results through strategic investments.
Jennifer Roof
NC 22 Hwy Carthage, NC
28 July 2024 | 1 reply
We are remodeling the home one room at a time.
Sherylyn Holden
New STR Rules in San Antonio affecting Hosts!
25 July 2024 | 10 replies
Below you can find a quick FAQ sheet of the updates they have implemented and will be implementing soon.Quick Overview: - The cost of application fees has increased- Platforms will remove listings without legitimate permit numbers- Platforms will have to remit the Hotel taxes directly to the city of San Antonio (Operators still have to file revenue reports monthly)- STR operators can change the operator of the permit without a new application being required (it seems the permits are still non-transferable upon sale, however)- Updated Party Prevention measuresMy Take:This should weed out some hosts that have not been abiding by the permit requirements.
Arjun P.
Buy a Residential lot and build a house
29 July 2024 | 5 replies
The last time I looked it was about 5% margin....
Anna Philibert
Advice Needed: Buy a Home Now or Wait Until We Settle Down?
28 July 2024 | 12 replies
What may work is to buy a house that needs some work, then do minor renos while you are living in it and when it is time to move, turn it into a rental....but run the numbers to see if it makes sense.
Anna Nevarez
Can an LLC report one rental on Schedule C and the other on Schedule E?
29 July 2024 | 9 replies
Quote from @John Underwood: You should definitely have a CPA to advise you and professionally do your taxes.Yep, not a time to ask the forum.
Chuck B.
Has anyone taken Phillip Vincent's program - Mom's House?
24 July 2024 | 46 replies
If the house is a junker and the seller needs a quick close then I can see where a cash buyer makes the most sense.