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22 May 2024 | 15 replies
In Regards to the AFR, yes you are right there will be an IRS tax implication if the rate is below the AFR rate (which for non-federally subsidizes housing is 3.75%, I think) That's a nominal risk, and is offset by the income/cash-flow from the property.
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22 May 2024 | 3 replies
Take photos of all damages, keep copies of all incident reports and communication records with your tenants, fire department, and insurance company.I would strongly consider working with a reputable public adjuster, especially for a claim of this size.
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21 May 2024 | 7 replies
Each property has an appraisal, photos, videos, full inspection report, along with a full ROI report for each acquired property before they are marketed.
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22 May 2024 | 6 replies
We hired a photographer experienced in shooting STRs, and we think the photo results turned out great.
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21 May 2024 | 12 replies
(Again, take a photo) If they are not gone in the 60 days you gave them, you then post a 3 day notice to vacate.
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20 May 2024 | 11 replies
Yes I have photo evidence
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20 May 2024 | 3 replies
Looking at this kitchen (Rehab/Flip deal), I know how to price out work and deal with subs but how are people coming up with how to redesign the layout? I know there's CAD programs and so forth but on smaller projects...
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21 May 2024 | 8 replies
The opposite is also true, banks don't like lending money to borrowers that NEED it as too much risk.You may want to get a nominal HELOC on your current primary for use in case of an emergency.When can you buy another primary with 5% down?
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21 May 2024 | 0 replies
*Be present or have someone take photos while cabinets are being installed, this saved me from buying an extra lower and upper cabinet as they weren't needed.