Joelle Chilazi
Greetings from Realtor in Jersey City which has the 2nd highest rents in the US
13 January 2025 | 27 replies
The rent control in some cases is really unfair to the landlord as the percentage increases are virtually irrelevant when the rent is a small amount.
Tom Hall
is it a good idea to pay of my mortgage fast?
6 January 2025 | 28 replies
I question what percentage of those who invest in RE unleveraged actually understand the numbers and how extensive their underwriting effort.
Alex Bockey
AirBnB; what's better, condo or house?
27 December 2024 | 8 replies
He was happy to allow me to rent out nightly because it actually helps keep his property in better shape than a long term renter (having a cleaner in there every turnover, short stay guests always let you know when something isn't working, etc) but didn't want to hassle with worrying about a percentage of income/management, etc.
Tar-U-Way Bright
How could I use my LLC
24 December 2024 | 14 replies
This will allow you separate business income and expenses from personal income and expenses.Since you plan to house hack your bookkeeping and tax return preparation will be more complicated because a percentage of your home expenses will be personal deductions and some will be business deductions.
Jokari Trueheart
Meeting of the Minds, Lending Strategies Needed
18 December 2024 | 4 replies
Quote from @Jokari Trueheart: HI, almost 11 months ago I purchased 3 duplexes and I borrowed the funds from my personal residence which I took out a equity agreement for the down payment on the investment property, great idea at the time because I have 10 years to pay it off and theres no payment requirement, but , I learned more about the consequence that it takes a large chunk of my equity the longer I take to pay it back, so my goal was to refi cash out the investment property to pay it back but I don't think theres enough equity yet to pull the full $106k needed, I only borrowed $88k but with the equity percentage for one year i'm paying about $18k in equity on top of the amount I borrowed if I pay it off in year one, so I need this paid off ASAP before it increases more.
Dani Murai
General Contractor that services the Torrance/Gardena Area
17 December 2024 | 3 replies
@Dani Murai, while I can't give you a name of anyone in your area (I am not from there), when you are interviewing contractors, here are a couple things I have seen:I avoid any contractor that has a draw schedule based on percentages, i.e. 1/3 up front, 1/3 at halfway completed and 1/3 at completion.
Kmsuea Abdei
Should I sign an exclusive agreement with agent?
30 December 2024 | 12 replies
The buyer comp agreement has to be a specific dollar amount or percentage.
Anca R.
Is a 1031 Exchange allowed in this case, and if so, is it worth the hassle?
18 January 2025 | 20 replies
So while moving back into it for 2 years does bring the 121 exclusion back into play, that exclusion is reduced based on the percentage of Non Qualified usage over the holding period.
Eric Coats
Running STR #s for Newbie
10 January 2025 | 19 replies
To estimate expenses, consider setting aside a percentage for management fees, plus costs for cleaning and utilities.
John Voychick
Do not use Suncoast Property Management in Jacksonville
4 January 2025 | 29 replies
Jacksonville has been building at record levels and is/was one of the highest cities in the country delivering new housing units as a percentage of existing housing units.