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Results (10,000+)
Samuel Kim Real estate professional status 750 hours doable?
31 January 2025 | 27 replies
all are new constructions and I don't know how she is gonna be able to find 750h of work to do in these new construction houses.Any help appreciated Good questions, first the IRS requirements to meet Real Estate Professional Status (REPS) are: > 50 percent of his/her time working in real property businesses; AND, 750 hours of service during the year ANDAt least %5 ownerIf married filing jointly, one spouse must meet 750 hour requirement on their own.
Meliisa Lee Advice on Managing Rental Properties Post-Divorce
30 December 2024 | 3 replies
Quote from @Meliisa Lee: I’m navigating a divorce and need advice on handling rental properties we co-own.
Mark A. McElhannon Basic approach to secure financing on an investment property
8 January 2025 | 7 replies
Also you can find lenders that are a lender (have their own guidelines and terms) who can also broker to make sure you're getting the best of both worlds. 
John Kim Anyone Have Experience with Section 8 in Detroit?
30 December 2024 | 18 replies
own 12-doors in Detroit and 3 of those are rented to section 8 tenants.The best areas for S8 tend to be C Class neighborhoods.
Caleb Rehg Renting to College Students
12 January 2025 | 23 replies
I've owned student housing as far as 4.1 miles from the University of South Carolina campus.In my experience, the only reason kids would live that far away is cheap rent.
Robert Frazier From Zero Single Family Investments to 52 units in development.
29 December 2024 | 9 replies
Our bank will let us use equity that exceeds 25% across multiple properties that are either owned free and clear or where they hold the first so long as the deal still cash flows with however much cash is brought to the table.
Brandon Weis How to Ensure Tenants Get Renter's Insurance
30 December 2024 | 6 replies
They have the choice of finding their own insurance or they can be automatically enrolled in my master policy.
Jennifer Turner How to modify terms of a seller-financed mortgage?
27 January 2025 | 10 replies
I know each state has its own foreclosure rescue laws, so maybe this is a requirement in some states.I'm curious to see where this thread goes.
Jesse Streng Detroit Property Manager
4 January 2025 | 20 replies
@Jesse StrengIf you buy turn-key, make sure you get your own independent inspection.
Michelle Wang Frustrated Massachusetts Landlord Seeking Advice on Dealing with Problematic Tenants
27 January 2025 | 13 replies
Most people would walk away after something like that, but he used the experience to build his expertise and now owns 50+ units.