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Results (10,000+)
Rebecca Rivera Thoughts on buying shares of a business including real estate
14 November 2024 | 7 replies
You are correct the proper word I am looking for is ownership.
Roger Brittingham Why should I? Mobile Home Dilemma
12 November 2024 | 2 replies
Get detailed quotes on these to ensure it’s cost-effective.Zoning & Permits: Verify that your current property allows additional homes and meets zoning requirements for multiple units.Rental Demand & ROI: Assess demand for singlewide rentals in your area to confirm it’ll be profitable after all expenses.If everything checks out, these could be solid additions to your portfolio.
Chris Williams Deal Going Sour
15 November 2024 | 18 replies
This means I will take a significant loss to ensure investors do not lose their initial investment.   
John Herold Best Practices for LVP Floor Installation
13 November 2024 | 3 replies
If the cabinets are touching the floor, I'd say put the cabinets in first and this way you know exactly where you need cut the flooring to ensure a 1/4inch gap between the lvp and the foot of the cabinet. 
Brody Veilleux Managing multiple bank accounts and accounting for them
9 November 2024 | 9 replies
My biggest issue is that I’m using personal funds as owner contributions to these accounts and money moves from account to account on a consistent basis, so I’m trying to be diligent in proper accounting. 
Ricardo Polanco Short term rental Inspection from OSE officer
12 November 2024 | 1 reply
However - if they're there and verified to be inspectors to ensure the unit is compliant, then yes you are obligated to let them do their jobs.
Luis Maza Real wholesalers - or hype pricing - my numbers are not adding up - dilemma
15 November 2024 | 15 replies
The right wholesaler that knows how to properly calculate a SOW (scope of work) to gain the rehab budget, generate an ARV from local comps and not want to get rich on every deal is NOT easy to find....but, they do exist.
Ryan Leake Navigating STR Loophole Tax Strategy: Success Stories and Cautionary Tales
18 November 2024 | 47 replies
It works like this:(1) Save up enough money for a down payment(2) Buy a single family home that you will Airbnb/VRBO(3) Ensure the “average period of customer use” is <=7 days(4) Materially participate (5) Cost segregate the property, resulting in large depreciation deductions(6) Use the losses from step 5 to offset your W2 incomeWhat makes this possible is that operating an STR is considered “non-passive.”
Michael Dallas Documents to Ask for in Closing Process
11 November 2024 | 5 replies
Hello @Michael Dallas,To verify the seller’s information, ensure you request these essential documents:Rent Roll (to confirm rental income and occupancy)Lease Agreements (to review tenant terms)Financial Statements (past 1-2 years, including income and expenses)Property Tax StatementsUtility Bills (if applicable)Maintenance Records and recent CAPEX reportsInsurance Policy DetailsInspection Reports (any recent or previous reports)These will help you confirm the property’s income, expenses, and condition.
Jonathan Greene The Most Important Parts of the House to See as an Out-of-State Investor
13 November 2024 | 4 replies
This is the best way to ensure that you know exactly what you're purchasing.And most of the time, you can use the findings of that report to reduce the purchase price/get a credit at closing for way more than the ~$400 inspection report.