23 January 2026 | 2 replies
I've heard Stessa and Buildium for the most part but find it's actually very difficult to use for the average small scale landlord (I have 7 doors)The cost of Buildium I think is way too high for the small scale self managed landlord like myself. 7 units comes to $55/monthAs for Stella, the UI isnt the greatest and probably tailored for more property management companies, and the accounting features are rather lacking for Canadian tax laws.
29 January 2026 | 11 replies
I would google “drop and swap” and read as many articles as you can to understand the complexity of how the IRS might look at this approach.
7 February 2026 | 11 replies
Needs extreme care.Combining strategies – Stacking entities + SDIRA usually adds complexity faster than it saves tax.This is less about “tax tricks” and more about correctly classifying the deal (inventory vs investment).
18 February 2026 | 13 replies
Hmm.. what you explained isn't complex.
26 January 2026 | 4 replies
thanksEd in 2012 in Phoenix most condos could not be financed because Fannie/Freddie/FHA guidelines placed a minimum percentage that had to be owner occupied within any condo complex for individual condos to be considered for financing.
25 January 2026 | 2 replies
Working through underwriting on a stabilized small multifamily portfolio in the Des Moines / Ames, IA market, and pressure-testing different capital stack and refinance paths.Deal context:Asset: 29-unit multifamily portfolioSubmarket: Student housing near ISUOccupancy: 100% in-place2024 NOI: ~$239K (actual)Status: Off-market, pre-LOICapital structure being evaluated:Conventional bank debt at acquisition (conservative leverage)Equity structured cleanly (no complex JV or promote layers)In-place cash flow maintained during holdRefinance window: 12–36 months to simplify the stack and optimize long-term debtThe goal is to avoid high-cost short-term capital on an already stabilized asset, while keeping DSCR strong and flexibility high for the refi.Curious how others in this group are seeing:Conventional vs. bridge execution on stabilized MF todayRefi seasoning requirements lenders are actually enforcingStructures that preserve cash flow while remaining refi-friendlyOpen to comparing notes with anyone actively lending on or structuring similar deals in the Midwest.Best,Eduardo Cambil
9 February 2026 | 12 replies
It turned out to be much more challenging than she realized because there was a very poorly managed apartment complex across the street that had a growing reputation for criminal activity.
19 January 2026 | 1 reply
I have a plan to sell all of my 1 to 4 family and maybe one or two small complexes and exchange for a large complex in my area the issue is, the seller of the large complex does not want to wait for all of my holdings to be closed.
23 February 2026 | 17 replies
On a larger complex, I was able to secure 20-year fixed-rate financing through an insurance company, but that's the exception.
31 January 2026 | 6 replies
A $300–$400/unit CapEx that demonstrably lowers catastrophic loss exposure is much easier to defend than an amenity-driven add-on in workforce housing.The key question lenders and buyers will ask is whether the system is:– Reliable without tenant interaction– Independent of Wi-Fi or resident behavior– Documentable for insurance and underwriting conversationsIf the answer to those is yes, you’re solving a real problem - not a theoretical one.Appreciate you grounding this in actual underwriting reality instead of selling features.