
11 July 2024 | 15 replies
As I understand it, HB24-1098 changes the procedures for evictions and creates many more procedural hurdles but I would not say it "restricts a landlords ability to evict non-paying tenants".

12 July 2024 | 19 replies
When your documentation is thorough and all procedures are correctly followed, you can typically achieve a favorable outcome in having the tenants removed.I've done it many times with out the need for an attorney.

11 July 2024 | 8 replies
Procedural errors will now be catastrophically expensive.What's going to happen is that many landlords and nearly all tenants won't know about the changes, so only a few landlords will get burned at first, and that amount will grow over time.

12 July 2024 | 11 replies
I was involved in wholesaling business long time ago (not real estate but consumer goods), and it has taught me A LOT about human nature.

12 July 2024 | 3 replies
My partner and I now find ourselves in a strong financial position to start our RE investing journey and have set our sights in New England, specifically Rhode Island due to the excellent natural environment and our desire to ultimately relocate there long-term.

12 July 2024 | 6 replies
You can do it on your 2023 tax return though, with a complex procedure involving Form 3115.

11 July 2024 | 9 replies
G’Day BP folks,A fellow Toledo investor started a Facebook group revealing all local scammers.Mostly contractors.10+ years of investing in Toledo and stopped counting at $1m in losses.It’s just the nature of the beast and the cost of doing business in my eyes.Unfortunately, Toledo is notorious for bad operators and poor quality of workmanship in many industries.Maybe this group will help you not loose the same amount of cheese that I did $$$You’re welcome 😇 https://facebook.com/groups/786864700099337/

11 July 2024 | 4 replies
@Kevin Sobilo, is generally correct in what he mentioned, however, there are a few revenue procedures that could allow for a split allocation of investment & primary portions of each where we could still discuss an exchange.

15 July 2024 | 50 replies
Check with your local Real Estate Association, get an equity line against your house, pay friends and family an interest rate for their cash investment, etc.TAX SALE PROCEDURES - South CarolinaTaxes, Penalties and RolloverAll taxes are due and payable between the thirtieth day of September and the fifteenth day of January after their assessment in each year.

11 July 2024 | 4 replies
(Fortunately, we were insured)Emergency Fund: Always have extra cash for unexpected events.Tenant Support: Keep good communication and support your tenants through tough times.Final ThoughtsThis July 4th was a disaster, but it’s also a stark reminder of the unpredictable nature of real estate investing.