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30 December 2024 | 12 replies
It is up to the buyer to determine their own incentive and timeline, but if the agent feels like they are just wasting time and not going to get a transaction, the buyer is likely to be back-burnered since agents only get paid when a transaction occurs.
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26 December 2024 | 4 replies
@Nate LaBlance while @Stuart Udis has some great advice, we do NOT recommend letting an agent do your tenant screening.First off, they have a CONFLICT OF INTEREST - they don't get paid until they place a tenant.
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31 December 2024 | 18 replies
I’m in CA also and paid cap gains on huge profits to the tune of 28%, which included CA state cap gains.
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29 December 2024 | 253 replies
And I actually think I have as much fun finding the deals and seeing the transformation of the houses we do as I do collecting the rent checks, that it would be really hard to give that up. 2) How many of those do you have paid off, if any?
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27 December 2024 | 9 replies
So, there is a greater change of getting paid in the end.
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27 December 2024 | 7 replies
Say you paid 100k 6 years ago and have done nothing to improve the property value.
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24 December 2024 | 1 reply
In those cases, the main criteria we add to our lease is that everyone that comes to stay there must be subject to a background check paid by the company.
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27 December 2024 | 4 replies
Role-playing. . you paid $300k 10 years ago, it’s worth $660k, (so when you sell you net $600k to make math easy.)and your cpa determined that you owned zero land, so it’s all depreciatable. you owe 15% on the $300k gain plus 25% tax on $109k depreciation recapture, so you owe $70k in federal taxes, then California reaches out for another $30k?
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23 December 2024 | 5 replies
A nearby city with a lot of highly paid engineers.
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6 January 2025 | 31 replies
We paid cash.