Mike Conner
Investor wants to trade properties - seeking advice
12 January 2025 | 2 replies
My duplex - built 1989, 2,060 sf, 2 bed/bath, 1 year old roof, value if I subdivide (county already approved) and sell each separately $150k each ($300k total)Investor duplex - built 1995, 2,300 sf, 2 bed/bath, 5 year old roof, value around $310kThe investors initial request was for an equal trade and they would pay realtor fees, which I replied wouldn't be equal due to buying/selling costs (recording fees, title insurance, closing fee, survey, inspections, loan fees, 1031 fees, accountant fees, repairs), taxes would increase due to new sale price, I'd trade a 3.75% mortgage for a higher one, and I'm on the 10th year of a 30 year loan so resetting that to a new loan would restart amortization and pay more towards interest.
Cathy Svercl
Rent credits for cleaning & painting by future Tenant
15 January 2025 | 8 replies
I would pay them separately rather than giving a rent credit.
Jack Cottrell
New to the group
7 January 2025 | 3 replies
I own a roofing company in Denver and a separate gutter company there too.
Anthony Vaganos
DCSR vs Conventional with transfer tax
19 January 2025 | 8 replies
For most investors, to provide true separation would be cost prohibitive (between $10k-$15k).
Kenzer Hodgson
LLC or Umbrella policy
8 January 2025 | 14 replies
The reason you see a person’s name and all their entities listed in a lawsuit is because Plaintiff (the suing party) attorneys have to list everyone and every entity that can be remotely tied to a cause of action, otherwise, if enough time passes and through the legal process discover that a separate entity or just a person was truly liable and they didn’t name them in the lawsuit, they are out of luck.
Tio Sam
How to choose a design?
29 January 2025 | 15 replies
That's what separates the best real estate agents who represent investor/developer clients.
Cody Ford
How do you know when a house is too old?
6 January 2025 | 5 replies
The property does have heated radiators through out each unit. everything is separated for each unit electricity, gas, and window units in each property.
Morgan Vien
I live in CA and am buying a rental property in OR. Advice on LLC + Taxes
27 January 2025 | 8 replies
Are you going to keep the separate bank account, keep corporate minutes?
Arron Barnes
Anyone using RentRedi for rental payments? Good or bad?
19 January 2025 | 17 replies
this is unacceptable for someone like me who manages and is a member of multiple separate LLCs, partnerships, portfolios.
Ashley Shearer
Property Mgmt - First Right of Refusal Program for Maintenance?
17 January 2025 | 3 replies
If you want to quote out high efficiency boilers for six Tripple deckers for example requiring installation of separate gas, meters etc. etc. - that might be a situation where you would want to work with a contractor directly because you would have lots of different options with widely varying costs.