Jonah Gunalda
ER doctor hoping to diversify in passive real estate!
10 December 2024 | 25 replies
I believe it tends to give me a slightly lower return, because the sponsor is going to be more careful, and if there is a severe downturn will prevent me from taking catastrophic losses.
Emily Gowen
When to sell vs hold rental properties that have appreciated?
4 December 2024 | 12 replies
Naturally your property must sell before you can take title to the new one, but nothing prevents you from getting it under contract and make the process as smooth as possible.
James Thompson
Flat Fee Real Estate Agent
27 November 2024 | 3 replies
The MLS rules prevent your contact information from appearing on websites, but websites are required to show the listing broker phone number.
Patricia Via
should I manage alone or property manager?
2 December 2024 | 13 replies
Avoiding problematic tenants from the start is the best way to prevent problems like non-payment, eviction, and property damage.
Marita Jojo
Tenants locked themselves out at 10 pm
23 November 2024 | 20 replies
If their kid shoves a pair of leggings down the toilet and clogs it (yes, this has happened), then they are responsible for fixing it.
Steve Rozenberg
Needy Tenants
22 November 2024 | 15 replies
We have people complain about everything from unclogging a toilet they clogged, sending picture of their poop, to not knowing how to do easy stuff that they SHOULD know how to do to one girl who has locked herself out 5 times.
Constance Kang
My Experience of Rich Dad/Elite Legacy Event Scam
14 December 2024 | 101 replies
Good way to prevent collusion.
Jorge Vazquez
I am wondering about a "sewer scope." Thoughts?
25 November 2024 | 18 replies
An ounce of prevention is worth a pound of cure. ...I've bought properties with bad sewer lines, but I KNEW what I was buying because of the scope, and I factored that in to my numbers and offer...without the scope, I would have no idea what I was buying, and I would've wound up with a significant unanticipated capex.We inspect every other part of a property before buying.
Roger Mace
Should you refinance a DSCR?
27 November 2024 | 11 replies
Avoiding Default Risk: If a business is at risk of falling below the acceptable DSCR threshold, refinancing can provide relief and help prevent default.It's important for businesses to analyze their specific financial situation and consider consulting with a financial advisor before making refinancing decisions.Always here to help
Eric Carlstrom
First-Time STR Buyer --- Feedback / Guidance Requested
26 November 2024 | 21 replies
Just wanted to chime in from a tax perspective, something to keep in mind and plan to have some discussions with your CPA:Using the property for personal use during the year will prevent you from recognizing some expenses on your property.