Will Almand
Cost Segregation Questions
17 January 2025 | 8 replies
I would recommend consulting with your CPA/a CPA to look at the benefits of a cost seg for your specific situation.
Tina Artigliere
Quest Trust Suddenly Closed down Administration on their Solo 401K Plans
17 January 2025 | 24 replies
I currently consult within the industry, so was aware that SEPira(k) is likely the best home for anyone from Quest needing a new Solo 401(k) provider.
Jonathan Ludizaca
BRRRR Single family or multi family
17 January 2025 | 6 replies
Always consult with your attorney before you rely on the above information.
Makani Donaldson
STR in Hawaii
8 January 2025 | 10 replies
Oftentimes my initial consultation call with a potential client runs 1 hr and that still doesn't give me enough time to cover everything about the STR market on O'ahu. 1.
Jonathan Sanchez
Pricing Strategy - What is your approach?
16 January 2025 | 13 replies
(that means I work for Airbnb as an independent contractor, a paid, by Airbnb, consultant to new Hosts).Here is my "tip" that I send to new Hosts:"Pricing is key and worth doing some homework.
Kyle Carter
Apartmetnts with all section 8 tenants
5 January 2025 | 7 replies
On the flip side, if you've got a bunch of Section 8 tenants living in a building that's in a neighborhood where a lot of the tenant base has good jobs, high credit scores, and are generally reliable people, you've got the most risky tenants in that tenant base and that ain't what ya want.
Mike Richards
Deduct from rental income more than one year of Real Estate taxes?
31 December 2024 | 3 replies
Keep detailed records of payment dates and amounts and consult a tax professional to ensure this strategy aligns with your overall tax planning.
Michael Poloncic
Tenant breaking their lease
9 January 2025 | 8 replies
You will want to consult with a lawyer.In regards to your last two questions here's some background on what makes a contract valid and enforceable:Offer: A promise to do or not do something within a certain time period Acceptance: A clear and direct statement that all terms and responsibilities are accepted Consideration: A legal and adequate inducement given in exchange for the promise Capacity: The parties to the contract must have the legal capacity and competency to contract Awareness: A party must be aware of the contract Legality: The contract must be legal in the jurisdiction it will be operating in***Not legal advice*** Steps I would take: -Review contract in detail to understand each counterparties responsibilities (if you are not aware)- Email a copy of the lease to each of the tenants listed on the lease and reiterate lease expectations for termination notice, rent payment etc. - If the lease was signed via Docusign (other esign may have same ability) - you can go to the envelope, go to history and view the IP addresses for each action taken.
Gene D Stephens
Experience with Adverse Possession?
30 December 2024 | 7 replies
We (developer and all of us as consultants) were sued over this PE three years later, which I mostly believe is because they realized they had no 'proof' of the PE beyond the fact that we had shot holes in their AP until they acquiesced to PE.
Paloma Wodehouse
High Priced First Buy
8 January 2025 | 9 replies
Wholesale, foreclosure, and seller financing can work too, but I’ve noticed that careful analysis and having reliable local contacts often deliver the best results over time.So as you two gear up for your first flip, how are you balancing the potential risk with your long-term goal of buying rentals?