Augustin Calderon
Most Tax Benefits? Renting Spare Room from a Primary Residence vs Investment Property
1 May 2024 | 4 replies
Do not provide substantial services 3. average stays of 7 days or less4. materially participate Primary Residence route:I presume that doing this route will:1) portray yourself less risky from a lender's perspective2) Less downpayment requirements.
Dean Valadez
Bookkeeping and Cash Flow Questions
4 May 2024 | 28 replies
Then, how well you execute your strategy.Most people consider all costs prior to the rental being "placed in service" to be "start-up" costs that will factor into your COCROI.
Ayyoub Feza
Loan for second rental property
30 April 2024 | 37 replies
There are a few DSCR lenders (usually the ones that offer trid loans) that do have their DSCR loan show up on the borrower’s credit report.
Justin Brickman
Whats your ideal monthly income? How many homes/doors will you need to achieve this?
6 May 2024 | 65 replies
I recommend spending a little time on goals and a lot more time on systems/processes (analyze X markets, Y properties, offer on Z opportunities, etc.).
Rhianna Cultrona
Takin the temperature on 44104
2 May 2024 | 1 reply
I have the opportunity to make an offer on a property in 44104.
De Chappell
Host Financial Reviews
1 May 2024 | 18 replies
Do you happen to know if they lend in OR or if they don't, can you recommend another lender who might offer the 10% down second home loan product?
Sharon R.
Virtual Closing comfortable and safe?
2 May 2024 | 6 replies
Anything that seems amiss like someone who needs to close from out of the country, anyone needing to close quickly or insisting on a cash purchase, pricing that is out of whack with fair market value for a property, anything off market, anyone sending the wrong amount of money (one fraud is to send more money than they should, then ask for the difference back, the money going to them is good but the money they sent is not), any buyer that makes an offer sight-unseen, or seller who can't meet at the property or doesn't want a sign at the property, anything that seems "off". 5.
Abhishek Sahni
Getting started with Commercial real estate investing
3 May 2024 | 12 replies
A lot of times they will prominently display an appealing cap rate, and then you look at the offer memorandum and it's clear that they are advertising a "projected" cap rate based on "projected" rents.
Matt Buck
Cost of STR Virtual Assistants
30 April 2024 | 18 replies
I know a local PM company here charges $7 per property per day=$210/mo for basically the same service.
Nathan Gesner
What is the hardest part of DIY management?
30 April 2024 | 28 replies
Whether its an answering service or a business only phone, or even email.