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?
Allende Hernandez
Is it legal (or a good idea whatsoever) to reimburse screening fees?
11 January 2025 | 9 replies
I am foreseeing a bit of a push back or even turned-off potentially decent tenants by the $50/pp screening fee, mostly for a family of 4 ($200 out of pocket).I was wondering if offering a credit of either 50% or the full 100% of the screening costs from the first or second month's rent is a good idea.Thought?
Leon G.
Getting out of the rental business after 10 years
10 January 2025 | 67 replies
The landscape is just different than even the last 3 years with people making bad calls but getting saved by significant appreciation.
Joseph Beilke
Costa Rica Info
11 January 2025 | 11 replies
However, that was our first year and we really didn't even get it listed until March.
Robert Stephenson
Older Investor needing help getting a Second property
21 January 2025 | 13 replies
This can give you flexibility for purchasing or even renovating the next property.
Zach Howard
New, hungry, eager to start while also patient. Large risk appetite.
10 January 2025 | 17 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.
Kenneth T.
Had anyone heard of Cogo Capital?
27 January 2025 | 29 replies
With the idea you get your 6k back when fund deal/deals MLM all the way sell the futures and the deals that Cogo did pay me off on as you stated took forever to fund and the rates were even higher than mine :) Its just a very good Guru selling his stuff we all know they make the money selling the 6k how to become a lender. :)
Jason Sung
Water leak at a bathroom and insurance claim (Safeco)
15 January 2025 | 6 replies
Insurance typically covers only the directly damaged area, not undamaged flooring, even if it's continuous.
Aaron Hill
Heloc issues LLC
10 January 2025 | 6 replies
So, you will need to stand behind the LLC's debt even though the debt will be in the LLC's name and not on your credit report.3.
Michelle Skitco
Ready to start REI
13 January 2025 | 5 replies
Ask lots of questions, read as much as you can, and then ask even more questions.