Seth Williams
Alternatives to regular long term rentals, Sober Living or Group Homes?
29 December 2024 | 3 replies
If you decide to pursue this option be sure to EXPLICITLY spell out how the maintenance of the buildings will be handled as these types of facilities tend to be hard on property from my experience.
Eric Coats
Running STR #s for Newbie
29 January 2025 | 20 replies
If you lose 20% to the PM, then you still have 30~40% profit.
Pankaj Malik
Tenant threatening to sue and wants to extort money
19 January 2025 | 27 replies
I offered a month’s rent in addition to what was reasonable for loss of use of 7 weeks of garage and 2 weeks of kitchen/bathroom unavailability (adjusted for back rent for unauthorized pet) but no response from tenant other than pursuing legal option unless I share Landlord insurance details.
Mark Gomez
Rent vs Sell a paid off home
24 January 2025 | 9 replies
My parents have finished paying off the mortgage on their home and are wondering weather it would be more profitable to sell their home or rent it out.
Evan Bonnell
Mold problem won't go away!!!
30 January 2025 | 2 replies
I don't have much advice as now the profits are gone and it seems like the best thing to do is to get your money out the deal and move on.
Muhammad Kashif
Best way to optimize taxes for new construction of investment property (for flip)
20 January 2025 | 3 replies
A 1031 exchange doesn’t apply, but funding through a self-directed IRA can defer taxes, though profits from debt financing may trigger UBIT.To reduce taxes, consider forming an LLC for better expense deductions, offsetting gains with investment losses, or holding the property for 12+ months to qualify for lower long-term capital gains rates.This post does not create a CPA-Client relationship.
Christopher Lynch
What Is The Best Way to Start Flipping Houses and Raise Capital?
16 January 2025 | 10 replies
When starting out it’s a pretty good deal for someone lend you all the money and you give them 50% of the profits.
Sam Ojo
Looking to Scale and feeling Stuck
31 January 2025 | 8 replies
Now we are in 2025 and although I still own the trucking company, it has been an inconsistent pit that has technically brought me personally no profit.
Jeremy Beland
What if I told you one deal could change your year?
23 January 2025 | 2 replies
After waiting out a lengthy eviction and doing nothing more than a clean-out, we listed it with a realtor—and walked away with just shy of $200K in profits!
Chris Morris
Detroit Wholesalers: Why Do Your Deals Suck So Bad?!
17 January 2025 | 10 replies
Too many are locking up properties at retail prices and tacking on outrageous assignment fees, leaving no room for investors to profit.