Charles Akinmade
STRs In Asheville, NC
Newbie investor here, Is there anybody that could advocate for the investability in the Asheville market?I’m currently looking for a 2/2, if you run an STR in Asheville could you speak on the relative profitability fo...
Kimberly M.
How long should due diligence period be?
When contracting for a multi-unit asset how long do you normally ask for a due diligence period? I realize this may depend on the number of units in each property but if anyone can provide a standard timeline breakdo...
Andrew Halbert
Basement's, do you like them? SE Michigan
Reason I ask is that in my market, most homes are on slabs. If the property has a garage, rent roll is not affected much compared to the homes with basements. I find myself like the idea of not having to deal with a...
Anthony Henderson
HOA Management Fee
Hello,
For condominiums, how much do property managers charge to manage the HOA and Complex? Usually went rental properties it is a percentage of rents but how do they do it for complexes? Thank you!!
Linnea Giles
WHO PAYS UTILITIES??!
Hey Everyone! My husband and I are looking at purchasing a 4-unit property in the St. Paul area of MN. This would be our first deal, and we both have so much to learn. We both are wondering, who pays for utilities?...
Connor Feist
Searching for Lender
A few questions below:Does anyone have recommendations on short term lenders that I could tap for acquisition capital (likely between 60-80% LTV)? The property would be a condo in Florida that I would expect to flip i...
John Underwood
VRBO and Schedule C or E article by an attorney
Here is the link.https://markjkohler.com/how-a-short-term-vacation-...My CPA had said to use schedule E for my STR on Homeaway. Then I saw a discussion on why you should use schedule C.This attorney explains why you s...
Hannah Costello
Fair percentage for partner taking on mortgage vs downpayment
What is a fair percentage to give to a partner taking on the mortgage but not putting in money for a down payment? Would profits be 50/50? Or less on the partner's end providing the mortgage?
If that same partner de...
Alana Waters-Piper
1 rental 2 flat Washer & Dryer
We are new landlords. Wondering about providing washer and dryer in a two flat.
We left a non-coin washer and dryer which was ruined in the recent Chicago floods. So while we’re pondering replacing, wondering about ...
Joseph Duenas
Buying 10 Condos at a discount
I'm looking at the possibility of purchasing 10 condos from a single owner that need a lot of work. My plan is to either BRRR them or buy, renovate and flip them. Any recommendations on how to finance the purchase?