Lisa Oliver
Best advice for finding plumbers, handymen
21 January 2025 | 10 replies
Your best bet is to ask for referrals from professionals in the space: realtors, other investors, this forum, FB groups, etc.
Michael Overall
Utilities and Interest during remodel Basis or year deduction
21 January 2025 | 10 replies
The first is that there's no consensus between tax professionals, and the second is that you will not like my personal interpretation.My interpretation is:Until the property is "placed in service" - everything goes into basis.Illustration.You buy a property July 1st.You finish rehab November 1st and put the property on the market.Your tenant moves in January 15th.The property was placed in service November 1st, and it does not matter that the tenant did not move in until the next year.Everything paid between July 1st and November 1st, including interest and utilities, goes into basis.
Shannon Hartzell
I need a creative loan for an investment property
22 January 2025 | 2 replies
One way would be to get the real estate under contract, then bring an experienced partner in who also has access to capital, and stay in the deal as a minority equity partner.
Dan Attivissimo
Aspiring new investor
28 December 2024 | 11 replies
My hope is to build a strong network of like minded investors and real estate professionals that share similar goals, values, and experiences to help achieve successful REI deals!
Alec Barnes
How Do You Ensure Quality Tenants?
9 January 2025 | 12 replies
You need a skillset that you can manage tenant's expectations and enforce the lease with a professional but firm manner.
Robert Spiegel
Security Deposit Deduction: What is reasonable for cleaning
21 January 2025 | 10 replies
My lease requires professional carpet cleaning, which would cost more than $500 for a home of that size.Yes, it's reasonable to reduce the cost because she was such a long-term tenant.
Gregg Cohen
Buy and hold property in Jacksonville, FL
16 January 2025 | 1 reply
Sale price: $222,017 JWB Real Estate Capital helps busy professionals from across the world invest in real estate in Jacksonville, FL.
Ed Long
How Do You Decide If a Borrower Is a Good Fit?
22 January 2025 | 7 replies
A good, experienced borrower can turn around even an unexpectedly bad deal.
Carl Rowles
Flooded House-Plz Help
29 December 2024 | 14 replies
I am no professional here, just explaining from my experience.. first, insurance starts claim and they send adjuster out to assess, check damages, and collect documentation.
Bob Dole
Cost Segregation -- What is the true benefit of the accelerated depreciation?
9 January 2025 | 32 replies
Can this person now be "a real estate" professional?