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30 June 2024 | 22 replies
We are starting to see panic selling and homeowners trying to find alternatives to selling.
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30 June 2024 | 8 replies
I have 2 rentals (1 already in an llc and 1 being put in now), I am at the point of starting to look at getting a 3rd rental and have always wondered what loan approval will look like with my assets now segmented and if I would apply for the loan as the LLC.
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29 June 2024 | 2 replies
However, it is hard to gauge the rental potential so many years into the future with new construction SFH and apartments being built in the next few years.I’m worried about the HOA, the rental potential, whether I should keep saving and buy a SFH, or if I should just take the plunge and start building equity.
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29 June 2024 | 3 replies
Fico Scores can drop fast when a person starts to open and take out multiple LOC's and mortgages which is considered "Excessive tradelines" based on your DTI.Helocs are great for quick renovations or repairs and should be used and paid off or down quickly.
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26 June 2024 | 2 replies
That drive is quite a drag, especially when I travel 15-20 hours to Europe and land at midnight and have to drive another 2 hours back home in Sedona.I'm thinking of buying a small condo in a decent area not too far from the airport, that I can also STR while I don't need to use it (which would be 95% of the time) and offset the mortgage with... maybe even cash-flow a bit?
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29 June 2024 | 1 reply
I started out with a flip house and am currently focusing on long-term rentals.
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28 June 2024 | 4 replies
Does anyone know if I am able to start an LLC and run short term rentals?
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25 June 2024 | 16 replies
They were supposed to bill based on hours (different rates for framers, drywallers, supervisors, etc.), and send me invoices every week.However, they never sent me the invoices each week, and when I asked about the overall cost of the project toward the end of may (the project started in May), they told me $35,000 so far.
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30 June 2024 | 12 replies
Unproven contractors need to be started with small jobs and they can work themselves into the bigger rehabs.
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29 June 2024 | 4 replies
Operating partner not paying loan or taxes and lender threatening to foreclose, who was also a family friend at the start.