Jesse Scriven
Step by step set up for Tenants
3 October 2024 | 1 reply
For criminal background checks, services like TransUnion SmartMove, RentPrep, or MyRental are commonly used and provide comprehensive reports that include criminal history, credit checks, and eviction history.To verify how much they make, you can request recent pay stubs, bank statements, or tax returns if the tenant is self-employed.
Jason Guenther
My financial situation... what to do..?
3 October 2024 | 29 replies
So maybe that's stacking savings, maybe paying down debt, improving FICO, or maybe it's raising capital, whatever, the details don't matter because there is 101 flavors out there, all that matters is what is your 1-Thing NOW, do that, THAT alone, with fanatical focus like a fat-boy on cake!
Alfredo Cardenas
Reps Status (via wife) & Material Participation to offset W-2
7 October 2024 | 20 replies
There are 7 material participation tests, the most common of which are at least 500 hours in the activity, or at least 100 which is more than anyone else.You are correct that if one of you meets the REPS thresholds for 2024, and you make the said election, it does NOT free up any passive activity losses from prior years.
Shane Quin
Tree Roots growing into plumbing
2 October 2024 | 10 replies
Pretty common for tree roots to grow into a cast line or clay.
Andrew Gheen
Looking to do a house flip in Indiana
4 October 2024 | 6 replies
Network with investors, avoid common pitfalls, and refine your numbers.Good luck!
Clara Cheng
Should your PM or You own the Airbnb listing?
3 October 2024 | 11 replies
Sharing access through co-hosting is a common approach that allows the PM to perform their duties while you maintain control over the listing and its reviews.
Jose Farias
Incompetent Property Management Co.
3 October 2024 | 3 replies
You also should have better screened the PMC before hiring them - a common mistake!
Kevin Mirise
High cashflow Lodging house, walkable beach community S of Boston
1 October 2024 | 2 replies
Since tenants are not all the same schedule, there are no bottlenecks for kitchen or bathrooms use.Lower level: Large unit for the onsite-manager with private kitchen and bath (has windows in every room but is partly below grade), plus the common area laundry room, and managers’ tool room / storage room.What made you interested in investing in this type of deal?
Austin Lukes
Class C Tenant Criteria
4 October 2024 | 7 replies
While it is most common for SFH lawns to be tenant-responsibility, we are offering a weekly mowing service for $100/mo due to being such a large lot, if applicant/tenant so chooses.
John P.
Seller Financing rates/terms for residential sale?
1 October 2024 | 6 replies
Curious what are common terms/rates/etc... these days?