Lexi Blevins
Residential Assisted Living- What is up with this?
7 October 2024 | 22 replies
They even handle most maintenance and all utilities.
Xavier Perera
Seeking advice and a Mentor for starting out (I’m 21 )
7 October 2024 | 4 replies
I’d recommend finding a mentor to guide you through the process and considering ways to invest even before you reach $100k, like partnering with others or utilizing low down payment loans.
Daisy Hawkins
Do I run the risk of exposing my anonymity by transferring from personal name to LLC?
8 October 2024 | 36 replies
We take for granted that a lot of folks don't actually know how to utilize an appraisers office or search through the states biz website.
Alfredo Cardenas
Reps Status (via wife) & Material Participation to offset W-2
7 October 2024 | 20 replies
You can end up in an odd spot where these previously disallowed losses are disallowed nearly permanently until either a) you are no longer a real estate professional and you un-aggregate your rentals or b) every single one of your rental activities is disposed of.I have one client right now with some material passive activity loss carryforwards, that the decision was made to wait to make the REPS related election until they utilize these loss carryforwards, so they don't become trapped.
Jonathan Welch
Using ALL your equity
5 October 2024 | 3 replies
If you had a paid off rental house, and others with mortgages, and you wanted to use the equity in the paid off rental for a cash offer on another property, how would one do that if the DTI ratio doesn't work due to having too much credit utilization with the addition of the new loan.
Mitchell Hein
New AC unit
10 October 2024 | 25 replies
Also most places offer rebates From your local utility on 2 stage equipment.
Billie Young
STR Blue Ridge GA Occupancy
9 October 2024 | 39 replies
My go/no-go was break even (net 0 cash flow) under the following assumptions: 50% occupied at market rent (based on comparable properties) including 15% of gross rents to maintenance/cap-ex (at 100% occupancy) and utility costs.
Lisa R.
Capital gains tax
4 October 2024 | 5 replies
I do not have the utilities in my name…Thank you!
Ben Magee
Hurricane Helene: Tenant wants to end lease because city of Asheville without water.
6 October 2024 | 9 replies
The utility crew working on power lines on my street yesterday was from Canada.If the tenant wants to leave, just let the tenant go.
Samuel M.
Pay Off Loan Sooner?
7 October 2024 | 9 replies
So, what I do to satisfy both the financial benefits of utilizing leverage AND the psychological benefit of being debt free is I only have mortgage loans in which the property is the sole collateral with no liability to myself or my entities.