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Results (1,255)
Jay P. First time investor- Purchase duplex or 4plex?
30 June 2015 | 20 replies
Can you refi out of the FHA loan to free that slot up?
Tucker Kincaid Any STR investors in Destin FL?
10 January 2022 | 10 replies
I was trying to gage the gross income and the occupancy rate was one of the slots in my AirBnB calculator.
Kyle Curtin Electronic door lock deadbolts for units?
26 December 2021 | 1 reply
that some investors have used electronic door deadbolts with the buttons for the passcode as well as the key slot, to eliminate tenants from calling you to let them in if they forgot their keys etc.
Ammar Khan House-Hacking / Managing Property / REPS?
4 July 2024 | 7 replies
This general log gives an overview of your activities, but it might not be detailed enough for IRS purposes.Example 2: Detailed LogMonday, 7/1/247 AM - 7:30 AM: Monitored security cameras1:30 PM - 2:15 PM: Responded to tenant question regarding parking3:00 PM - 3:30 PM: Monitored security cameras4 PM - 4:15 PM: Checked mail and delivered to tenants, as necessary7 PM - 7:30 PM: Monitored security cameras10:30 PM - 11 PM: Monitored security cameras7 AM - 11 PM: Remained on standby all day for tenant needs/emergenciesThis detailed log breaks down your activities into specific time slots, which can provide a more precise account of how your time was spent.Best Practices for Record-KeepingBe Specific: Break down your activities into smaller time intervals, as shown in the detailed log example.Use a Logbook or App: Consider using a time-tracking app or a dedicated logbook to keep daily records.Document Standby Time: Clearly note the hours you are on standby for emergencies, but also separate it from active tasks.Include All Activities: Document everything from advertising to maintenance and tenant interactions.Consulting with a Tax ProfessionalGiven the complexity of qualifying for REPS, it's always a good idea to consult with a tax professional.
Billy Raz Transfering Rental Properties to an LLC to Free-Up FNMA Financing
3 May 2016 | 12 replies
I would like to continue obtaining FNMA financing, so the question is this:Can I transfer any of the these properties into an LLC (that I would need to create), in order to free-up more slots for additional FNMA financing?
Jeff McRitchie Hit 10 Mortages - How Do I Continue From Here?
10 June 2016 | 34 replies
Now a spouse has a few freed slots.
Jose Gandulla Analyzing a potential Turnkey wholesale
2 November 2015 | 7 replies
The minimum you should have in this slot is $150.  
Jung-woong Han Do you know what was happened Augusta GA?
10 January 2017 | 17 replies
There's a reason slot of the houses are that cheap, there's not much growth there.
Nathan Alton RV park/hotel/mobile home park
27 August 2016 | 5 replies
I have found a 16 space RV park with 20 mobile home slots, a live in 3br/2ba home, 10 bedroom hotel w/ laundry facility and last but not least it comes with 20 canoe and kayaks for guest rental.  
Matthew Kafami Buying A House At 22. Am I Doing The Right Thing?
8 November 2017 | 18 replies
Suggest you only use your FHA mortgage slot to buy a 4 plex at your age in that location its about doors.