Tiffani Hollis
Appliances - New or Used?
17 January 2025 | 6 replies
This was a cost-effective way to meet our requirement of providing just a stove and refrigerator (we don’t include washers or dryers), without breaking the bank further.But here’s the twist: If we were upgrading appliances for a long-term tenant with a stellar payment history, we might invest in brand-new appliances.
Greg Grisez
Tenant shot & in the hospital
11 January 2025 | 18 replies
This past summer he got stabbed in the neck trying to break up a fight.
J. Mitchell Bernier
Valdosta, GA Market Update
29 December 2024 | 4 replies
Merry Christmas and Happy Holidays!
Jake Thorpe
Criminals, transients, convicts, burglary, fraud, deception, manipulation, squatting
28 December 2024 | 8 replies
I felt bad for him, kinda like Jesse from breaking bad tbh.
Desiree Rejeili
How Much Home Equity Have You Gained? The Answer Might Surprise You
13 January 2025 | 0 replies
Let’s break it down.Moving to Your Next HomeYour equity could help you cover the down payment for your next home.
Nick Am
Setting up a management S-corp for managing rental property owned by an LLC
23 January 2025 | 16 replies
Just don't see the S-Corp or another LLC having a place here..I've heard tax advisors say it takes around $70k min of self employment income for the break even point for S-Corp to make sense.
Grant Shipman
Syndicators & Capital Raisers: Avoid SEC Trouble!!
29 January 2025 | 2 replies
The SEC enforces strict guidelines on raising capital, and violating them can lead to hefty fines, investor lawsuits, and even criminal charges.Let’s break down some key takeaways from SEC Rule 506(b) of Regulation D and why you MUST have a Private Placement Memorandum (PPM) and Subscription Agreement in place.1.
Mike Levene
House Hacking In Expensive Markets
16 January 2025 | 23 replies
Hard to produce cash flow or break even with that much debt, at that rate.House-hackers, however enjoy certain one time (non-scalable) advantages that should be taken advantage of in the early days: - They can assume pre-existing debt like VA and FHA Loans (rather than take it on Subject-To which is dramatically riskier).- They can rent by the room and self-manage to produce day 1 cash flow.- Many of these HCOL areas also have strict limitations on AirBnB or short-term rentals... that do not apply to owner-occupants - thus allowing for extreme cashflow potential for house-hackers.
Alan Mills
Seeking Strategies to scale up
21 January 2025 | 5 replies
Here are some tips to keep your projects moving smoothly and scale up:Managing ContractorsControl Payments: Break the rehab into phases and pay contractors as they complete each phase.
Jae Yoo
Property management break contract
16 December 2024 | 3 replies
@Jae Yoo you should read your PM contract very thoroughly or even hire an attorney to do so, before thinking you can just break it.How would you feel if a tenant just broke their lease with you?