Jorge Vazquez
Ever Had to Fight an Appraisal? Let’s Talk About It!
21 January 2025 | 1 reply
I had listed a 10-unit property in Cincinnati, OH, and found a buyer through an agent from a different office.
Catherine Parenteau
Renting Non-Conforming apt through Section 8 - good idea?
16 January 2025 | 2 replies
The challenge with S8 in this scenario is you always have a piano over your head and all a tenant has to do is call the code office to create an issue for you.
Roxanne Whitaker
MD Tax Law on Out of State Investment Owners
15 January 2025 | 1 reply
The withholding can also be stopped altogether, and only actual taxes owed will be collected by filing form MW506NRS at least 21 days prior to settlement and filing it with the Comptroller of Marylands office to get the exact actual tax owed calculated.
Isadore Nelson
Help Non-Paying Tenant Transition Into Section 8 Eligibility?
28 January 2025 | 15 replies
Hey Isadore, Send the tenant a notice of non-payment and have the tenant go down to their local public housing authority office, HRA, or Department of Social Service office and provide them with the notice.
Mustafa Shaikh
RAD Diversified Review — It Wasn't Pretty
19 January 2025 | 147 replies
Why are there two prom notes to finance residential real estate for the company's officers?
Joseph Beilke
Costa Rica Info
11 January 2025 | 11 replies
Here are the numbers:IncomeTotalPartner ContributionsManaging Partners Debt$0.00Partners Deposits$987,459.99Total Contributions$987,459.99Operating IncomeAirbnb Income$50,186.50Square Income (Vehicles or add-ons)$6,741.04Total Operating Income$56,927.54Total Income$1,044,387.53ExpensesPurchase of propertyCost of House-680,000.00Closing Costs-$26,744.44Total Cost of Purchase-706,744.44Set Up ExpensesHouse Improvements & Care taker home addition-116017.03Adding Tiny House-52130.83Furnishings-68403.65Vehicles-43150Set Up Costs and Advertising-2339.53Total Cost of Set Up-282,041.04Operating expensesCare Takers-14535.9Additional Cleaners-1505Cleaning Supplies-2670House Supplies-1340Landscaping-4230.66Utilities (Power & Water)-8204Internet-315Pest control/fumigacion -120Pool cleaning/maintenance-2220Vehicle Gas-552.3Vehicle Maintenance and Repairs-6625.01Welcome Food for Guests-115Property Repairs-4999.64Bank Fees-1208.06Accounting Fees-1085Insurance-955.74Other Expenses-1071.2Total Operating Costs -$51,752.51Total Expenses-$1,040,537.99Net Income$3,849.54Net Operating Income$5,175.03Now 5k for an investment of 970k is not a good investment.
Shayan Sameer
New Rental Property Purchase - Out of State
30 January 2025 | 28 replies
In Franklinton there are plenty of large projects going on that will bring massive growth to the west side of Columbus, such as the Peninsula Development, which is a multiphase project that will erect a 24 story apartment complex featuring a grocery store, a multi use office space building, and a new hotel featuring a two-story venue.
Jonathan Glumac
Disclosing Sales Agent and Brokerage to MF Development Employer
20 January 2025 | 3 replies
I am trying to understand how that dynamic may change if I was sponsored by a broker outside of our office.
Thomas Malone
Anyone experienced with Lee Arnold's system
23 January 2025 | 56 replies
Since then I have been able to also use family offices and hedge funds to get deals funded.
Jason Edwards
First Flip Insights: 1272 Lakins Rd, Etna
20 January 2025 | 0 replies
Features a versatile layout with potential for office or hobby spaces, and a primary suite with a double vanity bath.