Eric Helena
1031 exchange with relative
31 December 2024 | 2 replies
@Eric Helena, There is no statutory prohibition against purchasing from a related party to complete a 1031 exchange.
Jeremy Beland
The Crazy Title Issue That Almost Ruined Our Deal – But We Got Creative!
13 January 2025 | 0 replies
In New Hampshire, title laws are strict, so we couldn’t move forward without obtaining a signature from a living heir.The title company dug deep and eventually located a distant relative—a niece of the deceased owner, two generations removed.
Lina Truong
Please help me get started for mid-term rental investments
15 January 2025 | 18 replies
Hi Lina from Texas-Congratulations on your interest in investing in mid-term rentals and you are wondering how and where to get started.I get this question frequently from investors.Sometimes and investor is looking to keep their property cashflow positive as insurance and taxes have squeezed cashflow by turning units into mid-term or short-term rentals.First off, ideally, the property will cashflow as a long-term rental should something disrupt the mid-term rental model.You will also want to have the property be near where there would be a demand for mid-term rentals (hospitals, universities, research centers).Monthly rents for mid-term rentals are about 20% (+/-) higher than unfurnished similar long-term rentals.There are property managers that will manage mid-term rentals for you and I always advise my clients to use property managers to keep their investment as passive as possible and for compliance issues related to Fair Housing Laws and local regulations.To Your Success!
Chaliyah Penick
Taking over a mortgage for a relative in distress.
2 January 2025 | 6 replies
How do I protect myself in this situation, while also helping a relative?
Miguel Vasquez
Section 8 related
17 January 2025 | 1 reply
Good afternoon I have a question in regards to my section 8 tenant. I was thinking of starting a rent increase for my 1 bedroom tenant voucher due it being low and well under fair market value(Based on hud and zip co...
Frank Hotard
First Home Issues and Strategy
10 January 2025 | 4 replies
i also had HVAC mystery issues in my first duplex when we house hacked it.Regarding the Daikin Mini Split - I have one in the 3rd story of my current home and it seems to work great for us.
Aaron Hill
Heloc issues LLC
10 January 2025 | 6 replies
I would love advice from the community on this issue.
Jin Zhang
What weather issues to pay attention in Kansas City?
26 December 2024 | 2 replies
Tornado, wind, hail, flooding if in a low spot, general weather related.
Najeh Davenport
Need Advice on Appraisal Issues and Refinancing Options
15 January 2025 | 12 replies
Several factors indicate the company is not that concerned about efficiency or ease of customer process: the website, a process that seemed to focus on one issue at a time instead of all issues at once, and consistently poor communications and lack of common sense from the loan analyst we were assigned.It started off very well with the initial point of contact, Austin Lornson, who did a fine job of explaining the general refinancing process, responding quickly and thoroughly to our questions.
Roman Balmakov
Should I Buy a Cashflowing Multi-Family That has Permit Issues?
17 January 2025 | 7 replies
It would be wise to rectify it before transfer of title so your starting off clean and hopefully won't have any issues when you go to sell down the road.