Dustin Horner
Hiring FT or PT
6 January 2025 | 5 replies
@Dustin Horner 10 units probably won't even cover PT.Unless you plan to scale to 50+ units, you're probably better off hiring a PMC.
Pankaj Malik
Tenant threatening to sue and wants to extort money
18 January 2025 | 23 replies
Some people will push to get the maximum, even if it means they may wind up with nothing.
Marcos Carbi
Advice Needed: Long-Term Tenants Behind on Rent – How to Handle?
18 January 2025 | 8 replies
Sometimes I have even directed troubled tenants towards assistance programs (such as single moms because there are a lot of programs for them specifically in my area especially).
Matthew Posteraro
Conservative Scaling for House Hacking
18 January 2025 | 8 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
Steve K.
Due On Sale Clause About to Become More Common?
12 January 2025 | 185 replies
Or, there is the even easier MLO direction.
Henry Clark
LA Fires Taxes and Insurance
14 January 2025 | 1 reply
Prior to clean up make an inventory even if burned.
Travis Boyd
Seeking advice on potential first deal - off market 6 unit apartment
18 January 2025 | 6 replies
You could trim your expenses by eliminating property management - you can absolutely do this yourself on a 6-unit, even as a newbie.
Craig Parsons
To Build a Garage or not To Build a garage
18 January 2025 | 2 replies
Is just the fact that no garage could be a no go for some buyers enough to build it even if it only raises the value by the actual cost?
Warren Peasley
Selling primary residence / new home into LLC?
18 January 2025 | 3 replies
Or should I use the new Oregon address for the LLC even though I don't yet live there?
Tim Hem
Capital Gains and IRS Publication 523
9 January 2025 | 9 replies
Does renting the home while deployed void the eligibility for exclusion of gain, even when the home was lived in/primary residence for 2 of the last 7?