Adam Guy
LTR deceased from 80% to 69% day before closing
22 March 2024 | 9 replies
A lot of clients set up rental properties with DSCR loans which requires less paperwork.
Ken Weiner
Anderson Business Advisors
20 March 2024 | 193 replies
More and more states are requiring a form exempting from collecting % as a withholding.
Justin Williams
Buying residential multi-family unit apartments ( 2-4 units)
20 March 2024 | 3 replies
Fannie/ freddie have different guides on this, and i do see different lenders interpret them differently. for example, one requires you to OWN your primary residence in order to use rental income on the subject MF, the other will let you do rental income from your MF subject property with a "present housing expense" (rental housing expense being ok) so long as you have a 1 year + history of landlording (which it sounds like you do). maybe ask your mortgage pro if they are giving you credit for rental income from the subject property units?
DC W.
Sell or 1031 Exchange?
21 March 2024 | 6 replies
They're going to require that you file a form with them every single year (it's Form 3840) and on this form you need to report back that you still own the new investment property, and that you haven't sold it and haven't received the income from the sale.
Ivan Hernandez
Running Indiana Offers
19 March 2024 | 2 replies
When reviewing, consider isolating the Turnkey Deals vs. ones with significant deferred maintenance and possibly those that need "lipstick."
Matthew Masoud
Hot take: Personal booking websites for your STR are Mandatory
22 March 2024 | 22 replies
Although most hosts don't allow it, they're leaving lots of money on the table.Tread cautiously as this does violate many platform's terms of service.Additional steps are required to protect yourself, which I'll review in the Drawbacks Section of this postGoogle SEODepending on your niche and location, you can rank on Google Search for "rentals in your city".
Alyson Anderson
A Tale of Tenants and Triumphs
19 March 2024 | 1 reply
From fixing up neglected maintenance to improving communication with the tenants, we turned things around one step at a time.
Stephen Bruce
Tenants without a Lease?!?!
21 March 2024 | 16 replies
The estoppel will probably require you to make contact with these tenants and come up with an end date on the lease.
Parker Ernsthausen
LOOKING FOR INPUT ON NEXT STEPS TO SCALE - Mid Level Investor
21 March 2024 | 9 replies
This of course requires the property to be cash flow positive.2 - The equity accumulated from appreciation (only) must equal the equity you payed for,...the DP.
Andrew Shrigley
NNN maintenance obligations
17 March 2024 | 6 replies
It's under $500 so not an extreme expense but I argue that it falls under the NNN maintenance purview, responsibility of the tenant.