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In the realm of finance, understanding the intricacies of various loan options is paramount for both borrowers and lenders alike. One such type of loan that plays a crucial role in commercial real estate financing is ...
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Hello, I started my first AirBnb late 2023 and it was rented out for less than 14 days. Based on the 14-day rule, I don't need to file any profit from my short term rental. However, my main expenses (furnishing the pr...
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Hey Guys, I work for a property management company here in Chicago and we are expanding our agent referral program. I wanted to get some insight of what many of you brokers/agents have seen in your markets. Would love...
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Hello BP!
I just wanted to share my experience with my 203k loan for my first home purchase/House hack. I believe it is the most underutilized loan program, but I can understand the fears of the unknown. With that be...
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The advent of technologies and inventions has made it easier for start-ups to establish themselves easily. Having a good website makes the path clear to success. But, at the other side there’s tough competition among ...
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Hi, I've gotten myself into a big pickle by taking a distribution out of my IRA believing that if I transferred the money from my traditional IRA to my Self Directed that I could spend it on Real Estate penalty free, ...
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Hello,My wife and I found a home we like on www.hudhomestore.gov that seems like a good deal at face value for a potential flip or long term rental, but we have never purchased a home from them and wanted to find out ...
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As a property manager, my responsibilities extend far beyond simply managing day-to-day operations; I'm also involve protecting the long-term value and profitability of my landlord's investments. Handling home warrant...
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Hi, I was analyzing a potential real estate property. The ROI is anywhere from 15-22% depending on how low I can get the purchase price. Cash flow is ~$350 a monthly but it doesn't meet the 2% rule (it's at 1.50%). So...
Title says it all. Since I am starting out, I am just curious about how much you guys spend on renovations or if there is a rule of thumb? I want to calculate it as a percentage of the purchase price that I can apply ...