Matthew Steele
Lost lease, tenant issue
4 January 2025 | 11 replies
Keep digital records and pictures.
Pegah Ghannadian
New Tenant not finding Renter's Insurance after Jan. fires. What should Landlord do?
30 January 2025 | 3 replies
Make sure your lease clears you of liability, in case they are not covered.
Michael L.
Property Insurance Question
30 January 2025 | 4 replies
Most occupied property insurance policies will cover "vandalism and malicious mischief" but there are different forms of policies so you'll have to ask.
Chris M.
Questions about putting property into an LLC for asset protection
18 January 2025 | 3 replies
Do you think it's common for a tenant to sue for an amount greater than insurance can cover, then take your property or even your personal assets?
Christina B.
Long term: keeping an eye on the RealPage lawsuit
13 January 2025 | 4 replies
The time saved on seeing that bigger picture is worth it to me.
Mindy Perry
property management software and 1099 K
31 January 2025 | 7 replies
My CPA was unsure... do you issue 1090-NEC for the difference between 1099-K and 1099-MISC or do you double up the income (i.e. 1099-NEC for gross rents from PM, 1099-K of the net owner distribution on 1099-K, then owner reports double income and puts a line item expense for the 1099-K since 1099-MISC covers gross rents).You need a new accountant lolPM issues 1099-MISC, not NEC for rental income paid to property owners.You would still issue the rental income paid to the owners regardless of the payment method.The Property Owners should add an expense line item on Schedule C stating that income reported twice on Form 1099 to offset any duplicated amount.
Andrew White
Market Topping Airbnb in San Antonio
31 January 2025 | 1 reply
Hard money loan that covered 100% of rehab and 90% of purchase.
Kyle Lipko
Excited to Learn and Grow in Real Estate Investing!
31 January 2025 | 6 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
Sean Barnebey
Exploring a Seller-Financed Motel/RV Park Investment Opportunity – Advice Needed!
2 January 2025 | 4 replies
Since you only have 2 full time and two part time staff, who covers their vacations and sick time?
Chuck Hatfield
ISO Emergency Micro Bridge Loan ASAP
30 January 2025 | 4 replies
and trailer stolen, workshop robbed 3 times, business bank account hacked and Not Insured (w a bank name like C#@$e), hip replacement, Botched oral surgery for sinus cyst 3 times, So Far, that caused an infection that kept me from working most of 2024 and just now recovering.SO Fire Sale February for me But I’m too broke to finish a punchlist to keep rental certificate open on top of living expenses and cover unexpected bills.Seeking micro bridge loan in the $5-10k range to be repaid at sale of house.I have another small single family paid off and rents for $950 as well.Any advice or suggestions for resources Greatly Appreciated