Thomas Talbert
Need some BIGGG Tax Breaks
26 April 2024 | 12 replies
All a timing benefit, but does provide some short term relief to free up capital to continue to invest.
Jim Windgassen
Electric Vehicle Charging - Draft Lease Statement
26 April 2024 | 11 replies
I'd imagine that most EVSE is NEMA 3 / IP65 rated, but I will have to do a little more research.All of my properties are long term rentals, so I am not going to provide EVSE, just a 30 or 50A outlet for tenants to use with their EVSE.
Chris Crotty
Looking for private lender or advise to finding funding
26 April 2024 | 3 replies
It is a TurnKey mixed use building with 1 commercial unit with USPS as the tenant since 2008, and 3 apartments filled with long term tenants.
Kimberly Porter
F Street Investments aka The Hard Money Co
26 April 2024 | 6 replies
I would recommend just taking out another bridge loan if you need more time to sell, or refinancing into a long term DSCR loan if you do not qualify for conventional loans
Jade Smith
Limits on what an unlicensed property manager can do?
26 April 2024 | 6 replies
We are a small vacation rental company that manages short-term rentals for homeowners in Los Angeles.
Henry Clark
Self storage- Financial Lending update 09 2023
26 April 2024 | 2 replies
Not looking to beat any other term sheets, will keep lending to existing customers, but very skittish for new borrowers.I have two PG loans, due in 2026 and 2027, but not balloon, just rate adjustment.
Shavin Patel
Investing in Rural Areas Pros and Cons?
26 April 2024 | 8 replies
Yes, the cashflow is great in these smaller towns, but im looking for long term since lot of these small towns do not grow appreciation like the larger cities.
Roy Gottesdiener
House hacking math doesn't add up
26 April 2024 | 21 replies
House-hacking today often has to rely on much greater lifestyle sacrifice than what I personally did 10 years ago, and requires strategies that would make me uncomfortable like rent by the room, or using local laws that allow Short-Term rental only for owner-occupants.
Tyson Scheutze
Navigating Financial Uphill Battles
26 April 2024 | 0 replies
Mortgage-backed securities were not a common household term, yet the collapse of the housing market and the onset of the Great Recession sent shockwaves through our industry.
Bret Kingcade
Should the tenant be billed for full carpet replacement?
28 April 2024 | 25 replies
According to the IRS (and not someone's opinion), carpet is depreciated over 5 years:https://www.irs.gov/pub/irs-pdf/p527.pdfLook on p9 in the box.Therefore, I would counter them at the 5 year depreciation calculation and GET IT IN WRITING as terms of the settlement so they don't come back on you.Pet smells have a way of coming back no matter how the carpet was cleaned, so I can understand the replacement.