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Results (10,000+)
William HooFatt Evicting Tenant in Alexandria VA - Should I get an attorney?
5 November 2024 | 22 replies
I like to rent to people with security clearances for my properties in NOVA. 
Steve Schmidt Advice Needed on Selling Note Partial
1 November 2024 | 19 replies
Secured by Deed of Trust.The property is a manufactured home attached to land in Southern Colorado.
Enrique Roth How we overperformed our target ARV
31 October 2024 | 2 replies
There are probably many posts that contain similar information to this one, but I thought it would be of value to future and existing investors who are starting their journey.We recently completed rehabbing a duplex we bought for $93k and rehabbed for $75k (in retrospect, we could've negotiated a lower price 🤷‍♂️ - discussion for a different post), hitting an ARV of $190k when our target ARV was $170k.Two things that stood out for me that helped us secure a higher ARV that anyone can use in their next BRRRR were:1) Fix the property to be in the top 75th percentile -> To improve our success rate, we consulted with both our agent and our PMC on what kind of materials and finishes the best properties (highest ARV Comps and Rent Rates) had in the area.
Rochelle Gerber Struggling to find decent hard money
1 November 2024 | 14 replies
If you have recent rehab experience (typically within the last 12-24 months) then you typically can secure better terms.
Angel Peng Good cause eviction
27 October 2024 | 2 replies
So, for example if a tenant was giving you a specific type of issue that was not clearly covered in the rental agreement you simply add it with 30 days notice and then evict for breaching the agreement.
Melanie Baldridge Understanding the IRS Section 179 Election
1 November 2024 | 0 replies
Examples of qualified improvement property include improvements made to the interior of nonresidential real property, such as HVAC systems or alarm and security systems.We refrain from making direct recommendations on Section 179 because we believe this decision is best made by the CPA, who completely understands the client’s overall tax situation.The decision to elect Section 179 is deeply tied to broader tax implications, including other deductions, income limitations, and future business planning.Your CPA has a holistic view of your finances and can help you make the right choice.TLDR:* Section 179 is a powerful tool for business owners and real estate investors, allowing immediate expensing of qualifying assets in the year they are placed in service.* Annual limits apply to how much can be expensed, with the 2024 cap set at $1,220,000, and investment limits that start to phase out when more than $3,050,000 of property is placed in service.* Not all property qualifies for Section 179.
David Georgeson Who Is Responsible For Damage Caused By Squatters
30 October 2024 | 15 replies
@David Georgeson New security systems and some cameras have built-in wireless.
Paul Passafiume Anyone tried Ziprent or remote property managers??
3 November 2024 | 8 replies
Hi Paul,I'm one of the founders and wanted to thank for you for considering Ziprent.To clarify, our tenant placement fee is $1,250 and property management fee is a flat $125/mo.We utilize a secure, on-demand showing process that doesn't require an an agent.
Cory Melious Tenants plugged drain and septic tank with tush wipes. What to do?
31 October 2024 | 7 replies
I'll reach out to the lawyer in the meantime, but I suspect if they refuse to pay it, it'll have to come out of their security deposits when they move out?
Marco Chaidez ADU-Ready Flip in San Juan Capistrano: A Profitable Transformation
31 October 2024 | 0 replies
Negotiation involved a thorough analysis of the property’s potential and local comps, allowing us to secure it at a price that would ensure profitability after renovation.