Michael Lipari
1031 Exchange For Newly Renovated Property
19 March 2024 | 12 replies
The IRS still doesn't like "short term" 1031s, with good reason - you need to ensure that you can 100% support that it was not a flip.This was not uncommon during 2020-2022 when prices were increasing at an incredible rate, I did have a few clients where they acquired a property that was truly intended to be a rental property, had a long history of buy / renovate / hold rentals, and then the market just blew up so fast that it changed the investment analysis for that property, or in several cases they actually just received unsolicited offers that they couldn't refuse.
Harry Brooklyn
Include or exclude Cap rate and DSCR in NOI?
15 March 2024 | 9 replies
Or interest rate caps, or partnership level expenses, etc.
Farzan Setayesh
Tenant breaking the lease …
16 March 2024 | 3 replies
It may be a better use of your time to begin advertising this unit so that you can get a new tenant moved in as quickly as possible following your current tenants move out.
Maria Moya
People keep telling me not get into real estate
19 March 2024 | 11 replies
My parents had rentals and they looked at them differently than I did (interest rates were also different).You ultimately need to be comfortable doing what you are doing and educated in it.
Andrew Lax
Seller Financing Dodd
17 March 2024 | 6 replies
Other restrictions are:Interest rate fixed for first 5 years and no negative amortization.
Steven Whipple
Lender changed the terms and now the deal doesn't pencil
17 March 2024 | 12 replies
Ask for a breakdown of fees and an explanation why the interest rate increased.
Justin Brin
For single home fix & flip what is the best source of funding?
18 March 2024 | 14 replies
Rate?
Mark Goncalves
Buying a second rental property
17 March 2024 | 7 replies
i want to buy another 2 family, but im intimidated with these high interest rates and crazy market .im house hacking right now and and have an easy tenant. buying a second property will be more responsiblilty and im anxious. whats a good webinar to help ease my anxiety
Phoebe Hodges-Carter
Requiring Renters to Secure Renters Insurance
16 March 2024 | 21 replies
What some other property managers do is just advertise renters insurance included and up the rent by that amount then place it on each.
AJ Wong
NAR capitulates on Class Action Lawsuits as RE industry undergoes seismic disruptions
15 March 2024 | 0 replies
Beginning this summer, buyer's broker commissions can no longer be advertised or essentially offered on the MLS and can be negotiated up front.