Del Brady
Can an introvert without a sales background succeed in REI?
14 January 2025 | 16 replies
I like to think I have done ok. for me finding properties is sales - managing real estate and growing your company requires problem solving.
Pankaj Malik
Tenant threatening to sue and wants to extort money
19 January 2025 | 27 replies
.- You should have required the tenant to sign a Hold Harmless Agreement, indemnifying you against any of their claims.
Kyle Carter
Ohio Legal Considerations for Rentals
3 January 2025 | 2 replies
In terms of selling a property, parts of Cleveland require a POS (Point of Sale) Inpsection, but I'm not too familiar with what all that entails.
Vivien H.
Looking for a Tax CPA: Expertise in US & German Tax Law, Real Estate, Mixed Income
18 January 2025 | 2 replies
Requirements:✔ Experience in international taxation: Understanding of the Germany-USA Tax Treaty and cross-border income taxation✔ Specialization in real estate: Tax treatment of rental income, depreciation, tax benefits, and investment deductions✔ Tax optimization strategies: Maximizing deductions (e.g., business travel, home office), optimizing mixed-income structures✔ Long-term tax planning: Strategies to reduce tax liabilities and avoid unexpected tax payments✔ Proactive advisory & clear communication: Ability to explain complex tax matters in simple terms and provide proactive tax-saving solutionsAdditional Considerations:Expertise in tax treatment of travel to Germany (e.g., for real estate management)Experience with compliance in both countriesIf you meet these qualifications and are interested in working together, or know someone who meets our requests, please send a message.
Andreas Mathews
How Can I Gain Property Management Experience
10 January 2025 | 4 replies
@Andreas Mathews admirable, but make sure you do some research so you understand what a PM can make.Starting your own PMC business will require 75-150 doors to make a decent living, depending on gross rents and your fee structre.Working for a SFR PMC as a PM, will require a RE license and you usually get paid a percentage of the gross rents the portfolio of owners/properties you manage generates.
Nina Erlandson
Has anyone used Obie Insurance?
11 January 2025 | 54 replies
I have a few dozen rental homes, and I've found that the only master umbrella liability policies my agent can find now require $1 million underlying liability coverage on the landlord policies.
Nathan Harden
Expanding to Akron, looking for advice
17 January 2025 | 21 replies
Canton is not quite as bad, although they have increased annual fees and initial inspection requirements in the past few years that Akron never put in place.
Matt Streeter
Land Subdivision capital gains
13 January 2025 | 0 replies
We purchased 133.7 acres January 20th of 2024, we then proceeded to subdivide 4 building lots, ( two 10 acre lots, and two 2 acre lots) which included costs associated with septic testing, survey & subdivision, and property maintenence required to market the building lots.
Mike Barone
Fix and Flip Hollywood Florida Townhouse
10 January 2025 | 0 replies
Purchase price: $275,000 Cash invested: $45,000 Sale price: $410,000 Contributors: Adam Schooley This townhouse, which had gone through probate, suffered from significant water damage to the drywall and required updates throughout.
Lee Miller
SFH to Duplex conversion in Chattanooga
1 January 2025 | 7 replies
Do you mean it would need an architect because that's required by the jurisdiction, or because the project itself would need an architect's expertise?