Joe Jung
Scaling - Safely, effectively, and simply
23 August 2022 | 5 replies
But creating LLC for each property is not only expensive, but time consuming as well.How would you structure it?
Lizmarie Amaris Rivera
Airbnb month to month lease
20 August 2022 | 23 replies
Similarly, you can offer a biweekly cleaning/maintenance to make sure everything is still in top shape...but that's pricey and time-consuming; I would usually just set aside some time after they check out, to do a reset before going back to a short-term rental.If it's just a month, making it clear that this is still a temporary rental contract (and that you only offer the initial supply of toiletries etc.) should be ok.
Miles Tiglao
How do you vet private lenders?
25 August 2022 | 10 replies
Some states, such as mine in FL, will view a loan as a consumer loan (meaning the lender must have a lic. and met all the CFPB requirements to make a consumer loan) in the case the borrower was an individual, even if non-primary resident disclosures and B-2-B purpose loan disclosures were signed by the borrower.
Sean Reischel
$4,500 water bill - leak magically fixed itself.
15 October 2022 | 6 replies
It must be a faulty meter, based on the sheer magnitude of water consumed.
Koshu Takatsuji
Newbie question about getting a loan
29 August 2022 | 1 reply
This allows you as the consumer to be able to shop and vet lenders without penalty.2.
J. Mitchell Bernier
Lumber Prices Down almost 50% YTD
17 October 2022 | 17 replies
So it gives you an idea of what major lumber suppliers are paying for lumber to resale to the individual consumer on a national level.
Jowan Chism
Unethical lending Practice
6 September 2022 | 24 replies
Should be a Federal law / consumer protection I've been told at many closings.
Antonio Rivas
BRRRR Rehab Question
5 September 2022 | 9 replies
When pursuing a passive income strategy, many investors are merely creating cash flow off a property worth the price it was bought for.Top-grade tenants: If a property has been properly rehabbed to meet consumer standards in a specific market, it will most likely attract great tenants.
Nick Sansivero
Bank of America announces zero down payment loans
2 September 2022 | 32 replies
If you were a bank and borrowed a bunch of money at 0% in 2020/2021, the rate has gone up each time CNN told you that rates have gone up.In real terms, consumer mortgages for example right now are in fact the actual free money.Real interest rate = rate - inflation (google "real interest rate" for lots of results with the exact same formula)2020: 3% minus 1.4% = 1.6%2022: 5.5% minus 8.5% = -3%
Roger West
Own 4 properties. Looking for financing to buy more.
6 September 2022 | 13 replies
Since these loans are "business purpose" and not consumer, the licensing is much less stringent and its easy for lenders to lend in nearly all states