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Results (10,000+)
Jina Kim Short term rentals in Pasco county
29 January 2024 | 1 reply
Hi,Does Pasco county ,Florida allow short term rentals/ air bnb?
Robert Johnson Reasonable to turn a garage into a STR to house hack in Austin?
29 January 2024 | 9 replies
It would allow much more flexibility with single family zoned properties including ADUs, tiny homes, and developing up to three units on one lot.
Roy Lam Tenant keeps on destroying parts of the house, then claimed the house is inhabitable
30 January 2024 | 16 replies
This happens in Detroit all the time with Class C & D tenants.As Patricia stated above, video and take pics of everything to prove the tenant is not cooperating to allow repairs.Be prepared for the judge to order the tenant to comply and setup a specific date & time for an appointment for the repairs.
Hyeseong Park FHA vs FHA 203k Loan for House Hacking
29 January 2024 | 3 replies
Yes - You have two options in terms of primary home - FHA 203K or Fannie Mae renovation loan for primary homes "Home style program".FHA carries a life-long MIP (Mortgage insurance premium .55x loan amount/12) plus a 1.75% upfront MIP 1.75% x loan amount financed into the loan> FHA does allow higher DTI ratios front and back.Fannie Mae - PMI falls off at 80% LTV- PMI typically has a lower ratio versus FHA ,55% compared to .25-35% for an example with good credit (above 720) it drops for higher Fico scores (less risk).Both loans can be a painful experiece for the buyer if there are any issues with builder, work delays, inspection issues after work/draw phases, and overall turn time from application date to close.
Rob Gallo New Land Developer in South Florida
29 January 2024 | 7 replies
I'd recommend speaking with the planning department to identify the allowed uses and what they think would be a good fit for the area. 
Violet Lisa Applicant did not disclose their emotional dog
29 January 2024 | 40 replies
You must allow emotional support animals due to fair housing laws (not ADA as mentioned above).
Sia Ben-Jusu House Hacking in 2024
29 January 2024 | 8 replies
Hello Sia, House Hacking is a great way to get your foot in the door as this allows you to be an investor and also have a place to live in the while you learn.
Virnisha Pastore Mastering the BRRRR Investment Strategy: A Comprehensive Guide
29 January 2024 | 2 replies
This powerful approach allows investors to recycle their capital, enabling them to acquire multiple properties and generate long-term wealth.
Tony W. STR/MTR rentals via a management company vs LTR rental
29 January 2024 | 6 replies
For this reason, make sure if you do go the MTR route and you do end up either allowing rental arbitrage or using an MTR management company that you a) have a water tight, attorney drafted, state-specific lease with the arbitrager and b) they have the same in the lease agreements they're using to rent out your property.
Stephanie St. Germain Is an LLC needed before buying the property?
29 January 2024 | 13 replies
Germain this is a common question and a good one :) The answer is it depends and it may not be your choice.Generally, buying through your personal name can reduce the interest rate - commercial rates on LLC mortgages are usually higher but you can research thisMost LLCs on incorporation don’t have any credit so it may be difficult to find.a lenderIf you own the property in your personal name you are exposing yourself to more risk and will want to transfer the property into LLC as soon as you canIf you own property in your personal name and transfer to LLC the lender may not allow or can call the entire loanLLC or personal you need insuranceOne solution to the above is to buy the property in your personal name and immediately transfer it to the LLC after closing, but you will need to get pre-approval from the lender before you buy the property and plan to do this since not all of them allow this.