Harry Brooklyn
Include or exclude Cap rate and DSCR in NOI?
15 March 2024 | 9 replies
Maybe you have already accounted for some of this nuance with your percentages, but I see too many on these forums underwriting every deal the same, which simply isn't how it works in the real world, especially if you only have say 1 to a 100 units, where each expense has a bigger impact on the overall portfolio.
Account Closed
Money gift from family abroad
15 March 2024 | 3 replies
IRS guidelines would require you to seek out a tax professional but i believe you are taxed on gifts above $14k.
Mary Winter
HELP: How to Evict These Tenants
15 March 2024 | 17 replies
Your PM can send her a notice of default with whatever cure period is required in your state.
Austin Beveridge
NAR Settles $2B Lawsuit for $418M. No more 6% commissions
15 March 2024 | 1 reply
If they don't get it from the listing brokerage they'll require it to be paid by the buyer.All of this is supposed to happen by July.
Denis Churchill
Will banks finance 16, 1 bedroom units
15 March 2024 | 2 replies
A lot more detail is required for an accurate assessment.
Eric Fernwood
What Makes An Investor Agent
15 March 2024 | 3 replies
Buying an income property requires far more skills and services than buying a home.
Tom Server
security deposits for triplex.. how many saving accounts are needed?
15 March 2024 | 5 replies
@Tom Server most states only require a separate account for ALL security deposits one holds.Of course, this is NOT legal advice and check with a competent attorney.
Philip Benavente
1031 into STR or invest in S&P500 from assets in IRR for elderly parents
13 March 2024 | 19 replies
Their income simply doesn't cover it.
Elena Korsakova
Buying a REI property in Florida - Entities, Banks, Agents
15 March 2024 | 2 replies
For holding security deposits the state requires that you use a bank located in the state of FL.
Christian Hutchinson
Airbnb's no-camera policy
15 March 2024 | 43 replies
If you cannot survive without a certain partner and they have greater control over your business, then you need to adapt and conform to your partners demands.In this case, either eliminate ABNB from your operation, or abide by requirements.