Collin Hays
A quick reminder about insurance for your vacation rental
3 July 2024 | 5 replies
That can be a very long list.
Jason Weber
Property Manager pay structure
2 July 2024 | 8 replies
@Sean O'Keefe not sure about KS or CA, but in VA as long as you are a broker you can have an unlicensed person act as a property manager on your behalf as long as they are your employee.
Erik Zimerman
Second Position Notes with Large equity & High FICO Borrower.
30 June 2024 | 5 replies
Short term or long term?
Kayla D.
Chicago Shared Housing Application Denial
30 June 2024 | 14 replies
This is sometimes referred to as mid term rental (MTR), but an MTR in most jurisdictions is simply a furnished Long Term Rental (LTR) with short lease agreements.This could allow you to rent to students and medical professionals.
Laura Au
Cashflow Come & Go (San Tan Valley)
3 July 2024 | 5 replies
Diversifying your portfolio can protect you in the event that 1 or 2 markets you invest in are losing cashflow or even worse - failing.My theory is to keep your money invested as long as you can and don't take that cash flow for profit.
Tyler Jordison
Interest Rate/Cash our Refi Conundrum
30 June 2024 | 4 replies
Make sure the $400-$500/month cash flow is enough to cover unexpected costs.It wouldn't hurt to look for other refi options or consider a different loan option, which might offer better terms.
Maddy Pape
Seller Financing Process/Advice
2 July 2024 | 3 replies
Negotiate terms like purchase price, down payment, interest rate, and repayment schedule.3.
Brynn Walden
retiring and wish to use 1031 exchanges to invest in syndications
3 July 2024 | 25 replies
DST's have low returns like 5% and lots of fees, but other syndications like mortgage notes can earn up to 12% out of the gate with no record of failure, thus potentially offsetting that initial tax hit in the long run, but you have to do the math.
Linda Roberts
What is a right way not to renew lease with a problem tenant?
30 June 2024 | 9 replies
This is reason #42 why I only offer MTM leases.Now that that is out of the way, if they are on a term lease, just give proper notice to terminate based on your lease verbiage and local laws(!).
Mark Aiken
Home is in the name of a dead relative.
3 July 2024 | 7 replies
as mentioned probate attorney but realize this process is going to be long and tedius. the brother would need to open probate and then any and all heirs besides him would have to get notified etc.