Laura Weiszer
Inheriting Tenants - to keep or vacate??
13 March 2024 | 1 reply
And, I would send notice of non renewal to the perpetually late resident, which is a judgment call based on my experience that late payers end up as non payers in many cases.
Russell R Massey
Renters out 8 mnths ago, alot owed, sent to collections by Mgt Company. Next Step?
11 March 2024 | 9 replies
Some just make perpetual threatening phone calls.Some start court actions, so they get a money judgment which they can use to at least garnish state income taxes (you can't garnish federal returns).Property owners need to start asking PMCs HOW they will execute their services, so owner expectations can be better met:)
Kevin S.
What would you do?
12 March 2024 | 75 replies
Relying on perpetual home appreciation seems like a risky plan
Jack B.
Do you plan on eventually cashing out and moving away from real estate?
11 March 2024 | 152 replies
My 'cash-flow' is up (but taxed as interest🥺), 'perpetual' and hassle-free, but eventually I'll have to manage the waterfalls and tax situation when the balloons pay out.
Nana Sefa
Owner’s title insurance - to get or not?
12 March 2024 | 250 replies
@Carlos Ptriawan @Jay Hinrichs Residential ground leases in Maryland (Baltimore City mainly but also surrounding counties) are typically 99-year leases renewable in perpetuity, meaning as long as the rent continues to be paid the lease is automatically renewed for 99 more.No pay or slow pay and you can loose your leasehold property.You can "redeem" the ground (well except for "irredeemable" ground rents, but those are quite rare and another story) by buying out the owner of the fee simple interest a cap rate formula based upon the date the original lease was created.
Samuel Shostek
Seeking Feedback for New Networking Software
7 March 2024 | 18 replies
This model not only perpetuates skepticism but also obscures the true essence of networking and learning in real estate—genuine connections, application of skills, and market knowledge.Our initiative is born from recognizing this very gap—where real success in real estate is not about how much one can spend on courses or networking platforms but about the value of genuine, meaningful connections and the application of one's skills and market knowledge.
Kevin Miller
Pa section 8 anyone an expert?
7 March 2024 | 14 replies
Rental assistance/payments will begin the date the property passes the inspection.There are landlords that do not like the Section 8 program or want to be involved with it, either due to a bad tenant experience (which can happen in or out of the program) or simply from stereotype or ignorance of the program.
Chris Seveney
To Good To Be True Syndrome
6 March 2024 | 2 replies
It was fraud.”SEC.gov | SEC Charges Florida Real Estate Developer Rishi Kapoor with Perpetuating $93 Million Fraud Scheme and Obtains Emergency ReliefWhy am I sharing this?
Kevin Luttrell
Forced to take $25k passive activity loss deduction?
6 March 2024 | 20 replies
If your tax preparer knowingly signs off on it, they perpetuate fraud, too.
Anthony Theokary
I own a gutted house and I want to GC the rehab myself
7 March 2024 | 27 replies
For you to gain enough experience and talent to be able to rival a real GC would take you a decade.This is like when people want to get a RE license to save money doing flips....ain't gonna happenLike @Joel Forsythe said, this is a myth that perpetuates the industry.