Brian Kempler
Tips for getting appraisals high
8 March 2024 | 5 replies
If you are looking to get as close to the comps selling for 80-90k make sure you have the same amenities but don't overdo it.
Kristen M Papke
Looking for recommended real estate attorney in Greensboro
7 March 2024 | 1 reply
Are you looking for a closing attorney or something specific?
Nolan Mahoney
DTI is too high after buying a house?
8 March 2024 | 9 replies
If you are looking to buy as an investment property, perhaps it's not a bad idea.If you are looking to buy a new primary with low down payment, in order to circumvent the DTI issue, you need to provide your lender with a lease and two months' rent for your departing residence at closing, so that the debt-to-income ratio is not an issue with your first home being counted against you when buying your second primary residence home.
Luis Ramirez
LLC for Airbnb
7 March 2024 | 14 replies
Check with your lender prior to closing to verify it is ok to put the property into an LLC.
Twee Phamm
Advice Needed - How to be able to list on Airbnb in Miami Beach, FL
7 March 2024 | 5 replies
I'm close to closing on the property, but now I am wondering if this is a good idea to move forward if I can't even get to list on Airbnb so really do need some help to make a decision.Thank you so much!
Les Z.
looking to buy rental property in any state - 100k down, traditional financing
5 March 2024 | 28 replies
My strategy has always been finding blocks/subdivions that are booming or doing good, and then buying in close proximity to those spots so that I could capitalize on future appreciation in the areas im investing in.
Jacob L White
New Western Acquisitions
7 March 2024 | 18 replies
I would recommend checking their comps and repair values very closely.
Alex M.
Partnership structure - buy and hold
7 March 2024 | 13 replies
I'm trying to understand what is the best way to approach a partnership structure for buy and hold properties where one partner is the finance (100% or close to) and one is the locate, manage rehab, manage property, and manage future sale (5 years or more down the road).I'm the one who is not bringing the finance.From what I've been able to see, there are a lot of posts on 50/50 partnership splits for profit, etc where one partner funds and other other partner does the legwork if it is a flip, but so far there is very little info out there for this approach with buy and hold.I've seen some comments stating that it would be surprising to find an investor who wanted to do this as the returns are not that great.
Wick Ra
Help with inspection notice
7 March 2024 | 9 replies
All you need to do is bring your closing documents and show that you weren’t the owner at the time of the complaint and you have no knowledge of what was going on then.
Kyle Swengel
Bonus Depreciation and My CPA’s Advice
7 March 2024 | 22 replies
Note that the best tax advantage is expensing the repairs when possible rather than capitalizing and depreciating them.”I bought my property for $400K and it’s worth close to $600K now.