Miguelli Fernandez
Seller needs two weeks after closing to move out
31 October 2024 | 23 replies
A larger sum might provide more leverage to ensure they leave on time and in good condition.Rental Agreement: You could also consider having a formal rental agreement in place with the seller for the two-week period.
Brett Jurgens
Zillow ads climate risk insights, but too many people are ignoring the data
6 November 2024 | 54 replies
Take it with a big grain of salt - I saw a property tagged with HIGH RISK of HEAT due to a 200% increase of days over 100F in the next 10 years....going from ONE per year to ...drum roll...TWO days per year.Exactly ^^^I've noticed that they are now calling the wildest temps as 'Heat Advisory'....For example: Last summer in Phoenix, they had a period with 105ish temps declared as 'Heat Advisory'.
Ben Foullon
How do I form a holding company?
25 October 2024 | 4 replies
Consider if it will truly benefit your tax position, liability protection, or asset management, or if it will just add unnecessary paperwork.If you’re in a state like California, keep in mind that you’ll have to pay $800 annually to the Franchise Tax Board, file a periodic Statement of Information (SOI), and submit a Beneficial Ownership Information (BOI) report.It’s a good idea to consult a real estate attorney to ensure you’re making the best decision for your specific needs.
Joseph Shuster
Negative Cashflow - STR
28 October 2024 | 46 replies
There is a ramp up period for a str business.
Chris Seveney
Risky 2nds - Why a Paying 2nd can also completely wipe you out.
24 October 2024 | 15 replies
In WA state, we are deed of trust state and non-judicial (with an option for judicial) and requires a Notice of Default (30-day cure period) and a 120-day Notice of Trustee Sale with cure period.
Haley Elisabeth
Sell our current business to start full-time flipping?
28 October 2024 | 30 replies
You could have a really solid portfolio in a relatively short period of time.How are W2 employees different than subs?
Sanjeev Advani
Chicago Quantum Computing Campus Set to Transform South Side
22 October 2024 | 1 reply
The economic benefits could extend to local communities, spurring growth and development across the region.
Jamaal Smith
My monthly tax payment increased by a $600
29 October 2024 | 15 replies
It could be this was a standard periodic reassessment to account for market value increases and there's nothing to fight.
Priyanka Shah
First Investment home
24 October 2024 | 13 replies
So basically, for a B minus area, for a 3 bedroom brick home you will spend 110k for a rental that brings in $1,400 per month and in a class D neighborhood Section 8 you will be all in for the same cashflow at $80k.If you extend you view to "Metro" Detroit you have more opportunities in Cities like Warren, Hazel Park, Taylor, Romulus, Eastpointe, et al,.
Spencer Marshall
BRRR Exit Strategies
24 October 2024 | 4 replies
Were seeing a lot of BRRRR refinances in the sixes rate wise recently - rates have been a bit volatile last couple of weeks but some really solid BRRRR deals going on with DSCR considering the short seasoning periods and rates really competitive with conventional alternatives