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11 December 2024 | 12 replies
Occupancy can be off the charts in places like this because there is so much activity or reasons for people to visit during what would be slow days of the week and off season months.
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11 December 2024 | 68 replies
Also, I used the humbling time to assess the types of people I bring into my life.
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10 December 2024 | 25 replies
Regarding your second question, are you asking if those activities help meet the IRS material participation tests or qualify you as a real estate professional?
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16 December 2024 | 35 replies
Most banks allow you to export the full year of activity to excel.If you are not comfortable using excel - you should reach out to your accountant if he/she has a bookkeeper on staff and how much it would cost them to do your books.It may be cheaper overall for your accountant to do it if you just need the books to be done once a year instead of on a monthly basis.Furthermore, this saves you from having to pay for the software.
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12 December 2024 | 7 replies
This property I previously modeled is now active for $1.789M, if you check the model I was at $1.75M.
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9 December 2024 | 4 replies
I do know, however, that they are pretty strict about the STR activity in the area.
1 December 2024 | 10 replies
Hi all,I moved to the city (overland park area) about one year ago. I am a beginner investor for real estate. I have a few properties down to Texas (where I moved from). New to this local market, I wonder whether buy ...
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10 December 2024 | 7 replies
Be prepared to start a lawsuit.2) File a complaint with state's Board of Realtors3) File a complaint with state's Attorney General's officeSince these are unlikely to be permanent solutions, you'll also want to start searching for another PMC.Recommend you speak with @Russell Brazil Thanks for the tag.Property Management is not a licensed activity in the state of Maryland.
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15 December 2024 | 13 replies
Even including modest appreciation and equity pay down, the ROI is between 7% and 12% for a non passive holding (not good for an active holding)I can easily afford this level of negative, but do I want to?