Robert M.
Parents loaned me down payment for duplex, I sold it, now who pays capital gains?
3 May 2024 | 33 replies
However, it's important to assess whether there was any discussion or agreement about who would be responsible for taxes upon selling the property.Financial Responsibility: Your parents' frustration about the tax bill might stem from their perception that you didn't handle the situation responsibly, especially considering the late payment which incurred additional fees.
Jon Schwartz
Reasoning behind reversion cap rates?
1 May 2024 | 10 replies
Rather it's an indicator of market sentiment and more specifically investor's perception of the risk/reward.
Robert S.
Standing water in window well
30 April 2024 | 6 replies
My perception is that there isn't any ongoing damage, just risk of leaking again.
Account Closed
Ohio Cashflow LLC Review, 2018
2 May 2024 | 17 replies
Then you should have nothing to worry about.For many years now we have been telling investors to use their own expense deductions when calculating a return on investment.Our marketing team only quotes the “hard costs” as in - taxes, insurance and property management fees.We suggest discounting another 15% from the bottom line for maintenance and vacancy but I’d much prefer for everyone to OVERESTIMATE the expenses and UNDERESTIMATE the income using their own calculations.If the numbers work out then, the investment might be worth pursuing further.Classifying areas can sometimes get convoluted.Since I wasn’t born with a silver spoon in my mouth and consider myself a working class guy, my perception of B class might be someone’s of “Z class” lolMy advice to all is to visit town and see the areas for themselves.I’m confident they will be impressed.Especially if they have already toured other markets with similar price points to ours.Real estate is a rollercoaster of a ride and as much as we want to make it hands off/passive.
Kaul Christian Kappenman
OOS Investments: Why Huntsville, Alabama??
25 April 2024 | 24 replies
Very perceptive Kyle.
Account Closed
House hack questions
24 April 2024 | 9 replies
Sad but true statement, as this comes down to seller perception.
Sophia Boro
Why do some investors allow unpermitted work?
26 April 2024 | 52 replies
Just my perception.
Lenza M.
Is Holton Wise Sale of Quad in Cleveland a Scam? (7809 Franklin)
20 April 2024 | 100 replies
Than closes by asking me to delete my post critical of him, so that it will make a perception on the public posts of Mr Lenza being in the right without questions or so on.
Ivan Aldana
using credit cards to purchase real estate
13 April 2024 | 3 replies
For illustration purposes, the windows are a 4 week lead time so you put the window order on your card and once they are installed, your lender releases the funds and you pay down the cards.I see too many “Gurus” teaching new investors how to use credit cards to cover down payments and they teach this because it creates the false perception that anyone can buy real estate with or without savings.
Shak F.
Recommendations on renovation
9 April 2024 | 12 replies
In a scenario where the landlord resides in the same building, It may be wise to hold off on making substantial investments in the apartment where the landlord plans to reside for the first 3-4 months,This approach can help prevent any perception of discrepancies in the living standards between landlord and tenant.