Heather Andrews
FHA appraisal not meeting SS, even though comps say it should
28 November 2022 | 2 replies
I'm trying to use FHA to put down the least amount possible.My appraisal came back and everything was good except for the Self Sufficiency rule.
Bruce Woodruff
Could use a little advice....
14 November 2022 | 74 replies
I have kings in all of my STRs with the exception of one bedroom that just won't fit it, so I have a queen there.
Dustin Awtrey
Building a subdivision of duplexes from scratch
15 November 2022 | 12 replies
Quote from @Dustin Awtrey: I’m building a subdivision of duplexes from scratch, just like the title says and I am documenting the entire process on my instagram @awtreyrealestate if anyone is interested in following or has any questions on how to get started I’m glad to help Love this idea, except in my mind I'm trying to figure out how to get the whole subdivision of duplexes 3D printed.
Jacob Ofei
When did the economy stop pushing for home ownership?
27 November 2022 | 10 replies
That's how this works.If you want to buy property, there is absolutely nothing standing in your way....except possibly yourself.
Sam Mitchell
Property tax appeals in Hamilton County, TN
8 November 2022 | 2 replies
That said, there may be exceptions like if you just purchased the property.
Randy Smith
Benefits of Cost Segregation and Accelerated Depreciation
7 December 2022 | 3 replies
Benjamin Franklin was quoted in 1789, “…nothing can be said to be certain, except death and taxes.”
Gershon Bani
Heating Oil to Electric or Propane
16 December 2022 | 6 replies
If the house only has one zone, than you are not able to control the heat except at that one location.
Chris Farinella
Trouble Grasping This Concept:
22 December 2022 | 24 replies
These factors help create a ceiling effect--where, no matter how much the house is worth, there's a limit on how much you can charge in rent.And, as you mentioned--if leverage is involved, the debt service of a more expensive property often overshadows how much you can charge in rent.These factors contribute to rent not increasing proportionately with the price of the house (and there are probably other factors too, that I'm just not thinking of at the moment...haven't had my coffee yet).Having said that, there are some extremely niche markets with rental properties that cater to multi millionaires, and which are extremely expensive (certain areas of LA, for instance...probably the French Riviera --where there are probably lots of transient tenants worth tens or hundreds of millions)...but, those types of markets are obviously the exception to the rule...Good luck out there!
Sanjeev Kaushik
1031 exchange from Multifamily Partnership to SFR
20 December 2022 | 10 replies
You're simply being paid off for your membership share.The exception to this would be if you yourself actually own a tenant in common interest in the MF property.
Ken Thom
Landlord liabilities for tenant relocation rent and costs
14 December 2022 | 3 replies
However, it also says "except for those included in state habitability requirement laws" which unfortunately overlap.