Greg Teplansky
Selling Fractional Shares of Real Estate on a short term rental
So I am thinking about selling shares (in the future) of a vacation rental property I intend to buy very soon. I am wondering what the tax implications of this are? I intend to hold it in an LLC in the first place and...
Sandy Uhlmann
NP second that appears to have gone through a short sale?
I was surfing some of the note exchange sites and I came across a NP second that interested me because of its geography. It is a NP second with a UPB of around $33,000 rate of 11.6% with last pay date of 2009 that wa...
Ryan Catchings
Are listing agents required to represent sellers in a short sales
According to Nicole Espinosa's book, Short Sales Uncensored:"Now it is a requirement to have a listing agent represent the seller in a short sale."Is this statement accurate? Is it a legal or regulatory issue?
Martha Daisley
How much is enough liability coverage for a short term rental?
HelloI was wondering how much is enough liability coverage for a short term vacation rental. On the short term rental I currently own i have a commercial liability umbrella policy with coverage of 1 million/2 million ...
Josh Tyler
Loan for 2nd vacation home & also a short term rental
I am wanting to know who is best to use to get a second home loan that would be used as vacation home a short term rental. 10% down with credit score between 650-675 currently. Thanks Credit union? Standard mortgage o...
Brian Jones
Can this Deed in Lieu be done? Or a Short Pay?
Hi Everyone! Any suggestions, greatly appreciated. I'm trying to help a good friend out that got herself into a real bind. She bought a property from a shady investor in Birmingham, AL 1/09 that has been nothing but ...
Doug Haisten
Why would people facing foreclosure say No to a short sale
I am just starting to pursue helping people facing foreclosure (in California) get out from under that "weight". Assuming they are unable to get a modification and unable to make up the missed payments and fines/fees ...
Steve Norton
Good reason to do a short sale after filing Bankruptcy.. anyone?
Hey folks here is a question for you!
Can you think of one REALLY GOOD reason why the home owner would want to sell the property via short sale after filing BK? I will have to convince the home owner's bk attorney t...
Quentin Moore
Convert a garage to a bedroom in a short term rental?
I see in many short term rental listings that the garage is being "converted" into a game room. Does anyone have any thoughts on purchasing a 3 BR house and really converting the garage into 1 or 2 additional bedrooms?
Aaron Barber
Who do you use for PM of a short term rental?
Looking at possibly buying a STR. Who do you use for PM of a short term rental? Is it just a regular property manager? I dont want to manage it myself, seems like a crazy hassle. But also would like to know how much m...