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Results (10,000+)
Devin James How to balance enjoying your life today and saving/investing for a better future?
6 October 2024 | 2 replies
How do you balance enjoying your life today and saving/investing for a better future?
Account Closed PEP fund with Lane Kawaoka
15 October 2024 | 69 replies
If they lose some or all of their capital the LP with newbie syndicator then they make it up in a month with other investments and have tax write off.
Rene Hosman Pre Event Intro - If you're coming to BPCON2024 let us know who you are!
12 October 2024 | 54 replies
@Jay HinrichsAfter the closing keynote they announced the location of BP2025 and Jay will be happy to hear it is in Las Vegas (he has advocated for Las Vegas at least a few times).I will say I enjoyed the lower attendance of this year compared to Orlando.  
Chida Truong Pace Morby Mentorship
14 October 2024 | 420 replies
My wife used it to write an add for one of my Tesla's I am selling ( new truck is here ) and it writes a decent add I have to say. 
Carrin Johnson Bill Summary: AB 1771 The California Housing Speculation Act: Impact on Fix and Flip
11 October 2024 | 2 replies
Assembly Bill 1771, also known as the California Housing Speculation Act, aims to change real estate tax policy to discourage investors from quickly reselling properties like single-family homes.Under the proposed bill, an additional 25% tax would be imposed on the gain from the sale of a qualified asset (including homes) within three years of the previous sale.The tax reduction is dependent on the number of years passed since the initial purchase of the qualified asset, ranging from a 20% reduction for sales occurring between 3.01 to 4 years to a 100% reduction for sales occurring more than seven years after the initial purchase.The revenues generated by this tax increase would be deposited into the Speculation Recapture Community Reinvestment Fund, which aims to support affordable housing, local governments, schools, and infrastructure projects.The bill is introduced by Assembly Member Ward, and the proposed tax changes would take effect from January 1, 2023.Assembly Member Ward argues that short-term investors in the market, including fix and flip investors, contribute to rising housing prices, limiting opportunities for Californians to purchase homes.While the bill may discourage short-term speculative transactions, it is worth noting that California's tax laws still provide certain advantages for investors, including unlimited tax write-offs and depreciation benefits.The bill is subject to legislative approval, and Assembly Member Ward will speak publicly about the bill at the San Diego County Administration Center on a specified date.Please note that this is a simplified summary of the bill and its potential impact on fix and flip investors.
Dawn Johnson Virginia Tenant claims month-to-month & moving out 11/8
11 October 2024 | 2 replies
Tenant is required to notify Owner in writing of Intention to Vacate or Intention to Re-new at least 60 days before the expiration of this lease.
Scott Glozzy Listing my STR in the offseason as a Mid-Term rental
11 October 2024 | 11 replies
My wife and I have enjoyed the MTR strategy for about 4 years now, and I think it is a viable way to "do" real estate, but it is definitely an acquired taste that not everyone is going to enjoy.MTR isn't quite LTR, and it isn't quite STR, and it definitely isn't just merging the two together.
Cali Skier Tenants are getting a divorce. The one that can't afford it wants to stay
12 October 2024 | 6 replies
Depending on you area, if you do not have anything in writing than nothing is agreed to.
C Rutherford Responding to tenants
12 October 2024 | 9 replies
If things got heavy I would tell them to follow the lease and send their complaint officially in writing, and I will respond accordingly,  usually that ended it.
Tom Server SECTION 8 rent below FMR
12 October 2024 | 11 replies
hope this makes sense lol took me a while to write this to try to explain it best