Michael Ruvido
Short Term Rentals in Indianapolis
Hi All - Is anyone investing in short term rentals in Indianapolis? I have a 4/3 single family house near Garfield Park in the South Village that I'm thinking of using as a short term rental. It has been completely ...
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Bad Credit Home Equity Loans
:violin: You may be thinking of improving your existing home or buying a car or planning a dream vacation even though you may not have the necessary credit. A bad credit home equity loan will be a good solution for ...
Danny Shore
what are the tax consequences of having an escrow account
assuming a 100% rental property, what are the tax consequences of having an escrow account through which i funnel all the taxes and insurance premiums (as opposed to not using one)?
my best guess is there is no tax b...
Jason K.
Airbnb Triplex Roxborough
Hi, I am looking for some advice from the Philadelphia investors. I have a triplex in Roxborough - 2 units are furnished and rented on airbnb, the other unit is rented on long term basis. The gross monthly rent is app...
Andrew Herrig
How to evaluate deal with multiple loans?
I recently discovered that I can take out a "loan" from my 401k at my day job at the Prime rate (currently around 3.25%). This seems like a good way to get access to some cash to put 20-25% down along with a conventio...
La'Crystal Hicks
Home in TX, relocating to MD suggestions
My and husband currently reside in Killeen,TX we purchased our home 05/2017. I recently received a job offer in Frederick,MD and would like to turn our home here in TX to a rental property. I used my VA loan to purcha...
Eric Lahoda
Is anyone charging move-in fees?
After paying the city for a rental license and CO inspection and now a lead inspection, I’m wondering if I should pass these costs onto my tenants or is this just consider these cost that I pay for my business. I inte...
Carlos Zappatos
Vacancy rates factored into monthly expenses?
I was reading a BiggerPockets book and Mr. Turner said when estimating expenses, you take the vacancy rate and apply it to the rent price and include that as part of your monthly expenses. So if rent is $1000 and VR i...
Joseph Henry
How does paying extra principal on an ARM work?
I currently have a 30 yr fixed at 2.5%. Looking into buying a new primary home. With current rates, I am only thinking of a 5yr or 7yr arm. Never taken an ARM before. On a fixed mortgage, i could pay extra payments (o...
Roman Katz
AirBNB Service help
Hello! I am trying to get my foot into the door with AirBnB with people who already do long term rentals. My idea is to call people with long term rentals and ask if they would like to switch their long term rental in...