21 October 2024 | 4 replies
First, it’s a rule of thumb, not a hard rule, and it works well for screening.

28 October 2024 | 13 replies
They also will have a setting where one SSID can be shared by both bands.Another rule of thumb that I use (both in my rentals and in my personal space) is to buy new modems about every 3 years.

28 October 2024 | 8 replies
Hi Griffin,When you’re looking to rehab properties, ultimately the more you do it, the more experience you gain.With more experience, we are able to lend you greater amounts of capital at a higher LTV.Within your first 3 deals, rule of thumb is about 80% LTV + 100% of rehab.Hope that clarified a bit for you.Best of luck!

28 October 2024 | 34 replies
A 1031 exchanged property can include 1245 components that are considered part of the "real property" for 1031 purposes if they're affixed to the building (and also up to 15% of the value can be personal property under an IRS rule, such as appliances).

21 October 2024 | 4 replies
Wondering if anyone had some windows/rules of thumbs they use they would be willing to share.

29 October 2024 | 23 replies
I’m getting around the 2% rule on those.

27 October 2024 | 7 replies
People sometimes think they should hide as a landlord so no one knows, but that's not wise because it's so easy to figure out and then you become a lying neighbor/landlord.As others have said, just set ground rules for contact and how, use an online portal, and be responsive.

29 October 2024 | 21 replies
Now, you can't do this with yourself, your business, and certain family members, due to the prohibited transaction rules governed by the tax code 4975. 2) Some individuals have large pre-tax 401ks that they rollover and then convert to the Roth IRA, paying the taxes now so they dont have to pay later out of the Roth.

26 October 2024 | 5 replies
@Rick Albert, the general rule is more units are better.
26 October 2024 | 6 replies
Which is why it is difficult to find even 1% rule SFRs in a lot of areas right now.