Sattir Bitti
Passive Activity Loss to offset gain on sale of another rental property
12 November 2024 | 2 replies
I have another rental property that has suspended Passive Activity loss (that I decided to hold), can I use one property PAL to offset gain on sale for another?
Will Gaston
Nearing 1,000 College Student Tenants: Here's what I've Learned
21 November 2024 | 305 replies
The 3 girls decided they don't work well with a 4th roommate and will be leaving when their lease ends on 7/31, I will not be renewing the 4th girl's lease because she is a terrible tenant, so the house will be fully available.
Tar-U-Way Bright
Thoughts on PadSplit
13 November 2024 | 14 replies
If you decide to sell it after a Padsplit conversion, you can't sell to traditional homebuyers or long-term rental landlords.
Roseann Koefoed
Looking to connect with LIHTC experts
14 November 2024 | 1 reply
Should I assume the in-place IHDA loan at acquisition or close with a conventional loan and try to get IHDA loans/grants/credits later if/when I decide to keep affordable?
Amanda Skipper
First time out of state investor
23 November 2024 | 38 replies
If you've decided on your market, you want to start networking from afar with investors in that area.
Teonia Riley
Terminating House Under Contract
13 November 2024 | 8 replies
It’s taking Seller a while to provide the HVAC report but while time passes after due diligence - Flooring cost is way too expensive at the price point they’re asking for 130K + Care of property never took place till decided to sell so I’m not comfortable any longer - Home sits on corner lot on a slight hill with crawl space - Lots of weather changes has caused the home to settle + improper supports needed.
Chris Seveney
Why jr. Liens can be problematic when in 1st position
13 November 2024 | 15 replies
So if someone tells you, it does not matter about liens behind you - it does.There’s one more ; the borrower has increased debt service and when it either turns negative or leaves nothing “in their pocket” they may lose interest in the property, decide to stop paying all mortgages, and put whatever income they can into their pocket until they lose the property to foreclosure or one of the lenders obtains a court order prohibiting such.
Josh Anderson
Newbie just getting started
12 November 2024 | 5 replies
When choosing the right market, it’s important to decide whether you’re focused on cash flow or appreciation.
Anya K.
Real Estate Professional Time & Activity Tracking Spreadsheet
12 November 2024 | 13 replies
I ended up deciding to use TSheets from Intuit https://www.tsheets.com/- it is working well for me!
Travis Andres
Pricelabs for MTR?
13 November 2024 | 5 replies
It's worked ok so far but I haven't decided to get all our properties on PL yet.