Mackenzie Lopez
DJ Thielen needs to be stopped
7 July 2024 | 11 replies
Heck probably because he could easily pay off his $700,000 personal income tax delinquency in California in which he is listed on CA's government website as tax deliquent and it was just updated 6/6/24.They want to charge me with extortion for telling them to make the situation right, to not rent that house out to anyone else before making repairs, and to give me a portion of my money back for the rented house or I wasn't going to let up on reviews.
Tsedey B.
Puerto Rico’s Abandoned Properties
6 July 2024 | 8 replies
Or contact the government agencies that would have information in connection with these properties?
Jasmine Hu
Which market will you invest in 2024?
7 July 2024 | 36 replies
When I left, apart from the normal political shenanigans, it was very well run with a strong government presence, military renters, and organic business growth that wasn't dependent on tech cycles, credit crunches, etc.
Roberto Falck
First rental property - market choice... do you agree?
6 July 2024 | 8 replies
I believe that successfully navigating this initial investment will pave the way for future opportunities, whether in the same market or elsewhere.Living in New York City, I faced a challenging market ;)I chose Montgomery, Alabama.Here's my process:I compiled a list of states with favorable landlord laws.Using Brightinvestor, I identified cities within those states where the median home price falls below the national average ($420k).I excluded cities with negative income growth and rising unemployment rates.I focused on cities with strong appreciation rates over the past five years (over 10%).I compared price-to-rent ratios.I did break two rules: Montgomery has a slight decline in population, and its largest employers are an Air Force base and government agencies.One significant factor that influenced my decision was the promising price-to-rent ratio, suggesting potential for positive cash flow (though I remain cautious about appreciation).Regarding my acquisition strategy:I plan to employ the BRRR method with cash.
Cherilyn Williams
Tenant with Late Rent Payment Twice within 4 Months!
6 July 2024 | 24 replies
It’s not like buying a Federal government bond.
Tina Lee
WY statutory trust for exemption of CA franchise tax
4 July 2024 | 3 replies
An annoying fee, yes, and eats into cash flow and profits which is why you likely started on this endeavor, but the lengths people go to try to avoid what is, in the end, only $800 seems excessive sometimes.So, we don't have all of the facts or copies of any documents here, but generally, a trust only governs any assets that it owns.
Michelle Brunson
multi family in new york city
4 July 2024 | 1 reply
Purchase price: $619,000 2 family house in new york city. i rent out to city government programs.
Ray White
Seeking Tax Reduction Strategies for High-Income Household with LTR Focus
2 July 2024 | 9 replies
My wife and I currently make more money than we did in our corporate careers but (legally) have not paid any federal income tax in several years.
Kassie Brown
Veteran, first time buying a house and using VA.
2 July 2024 | 7 replies
As a veteran, Navy Federal has decent investment product rates though you may look into.
Hunt Van Winkle
GC Spec house financing
3 July 2024 | 3 replies
I've found some lenders that will go up to 80% sometimes, but I think your best bet might be a government-backed loan if you want such a high LTV ratio.