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Results (10,000+)
Jonathan Cubeta Tenant screening
27 December 2024 | 12 replies
I guess my problem with being too up front about seeing their place is that I don't feel like I'm in a position of power right now to decline people since it's hard enough to find people that I want to even get to that point in the application process in the first place, but I have to snap out of that mindset and have to instead come from a place where I make them believe that I have a lot of other applicants and that it's my standard policy and it's something they'll have to go through if they want my place.....ESPECIALLY if I decide to only take 1st & security from them rather than 1st/last/security.Thanks again!
Keith Miller How to skip trace LLCs?
23 December 2024 | 8 replies
Hey Keith,Usually, LLC's have to file contact information with the state, either an email or a phone number.
Landon Sheveland LLC for Renovation Costs
23 December 2024 | 3 replies
When selling a primary residence you have lived in 2 of the previous 5 years you get a tax exception on profits of $250k for a single person and $500k for a married couple filing jointly.
Chandra Faulk How long does it take to find a qualified tenant?
27 December 2024 | 19 replies
After COVID applicants were having to submit 10-15 applications on average in my market to secure a rental meaning they might pay a whole months rent or more in application fees!
Daljit S. Eviction taking forever - anything else can be done?
20 December 2024 | 9 replies
I used an attorney to file for eviction and we had the court date towards the end of October.
Melanie Baldridge “active income” and “passive income"
20 December 2024 | 0 replies
There are several different types of income in the US tax code.Two main types are “active income” and “passive income".Active income is money you earn from working, such as wages from a W-2 job or income from running a business.Passive income is money you earn from investments like real estate, stocks, or rental income from your RE portfolio where you earn $ without actively working.Normally, you can't use passive losses (like losses from real estate investments) to offset active income like your salary from a W-2 job.That is unless you are an RE Pro.The reality is, that Real Estate Pro status is just a filing status similar to filing married or jointly.And if you are a real estate professional you CAN use passive real estate losses to offset active income from other sources.To qualify as an RE Pro you must:1.
John Underwood Why an LLC may not protect you from a Lawsuit
19 December 2024 | 50 replies
Their most common threat is a security deposit dispute.
Account Closed Buy This, Not That: 4 Best Materials to Fix Up Rental Property Bathrooms
24 December 2024 | 2 replies
Pro tip--make sure your exhaust fan in the bathroom is vented to the atmosphere--meaning out to the outside.....go out the roof or out the side of the unit or secured to an opening in a soffit vent grille off the house. 
Sebastian Albors New and Looking to Make First Real Estate Purchase
25 December 2024 | 8 replies
I’d recommend running cash flow scenarios on any potential deal to ensure it aligns with your financial goals.If you’d like help analyzing properties or securing financing, let me know I’d be happy to assist.Best,Drago
Jennifer Fernéz Let's say you have $80K in your savings account...
19 December 2024 | 82 replies
Itll be paid off by the time your 65-70 and boom, no need for social security or retirement.