Erick Pena
Advice Needed: Identifying "Good Deals" in Real Estate Investing
16 January 2025 | 11 replies
I'll look into that material more!
Leeling Chew
Zillow Fake Listing
24 December 2024 | 2 replies
We list what we include and do not include in the text portion of our advertising.
Dalton Foote
Value Add MultiFamily
13 January 2025 | 21 replies
I own a licensed gc company so if it is in a decent area I know I can add alot of value to it at a cheaper price since there won't be any labor or material markups.
Joseph Beilke
Costa Rica Info
11 January 2025 | 11 replies
Here are the numbers:IncomeTotalPartner ContributionsManaging Partners Debt$0.00Partners Deposits$987,459.99Total Contributions$987,459.99Operating IncomeAirbnb Income$50,186.50Square Income (Vehicles or add-ons)$6,741.04Total Operating Income$56,927.54Total Income$1,044,387.53ExpensesPurchase of propertyCost of House-680,000.00Closing Costs-$26,744.44Total Cost of Purchase-706,744.44Set Up ExpensesHouse Improvements & Care taker home addition-116017.03Adding Tiny House-52130.83Furnishings-68403.65Vehicles-43150Set Up Costs and Advertising-2339.53Total Cost of Set Up-282,041.04Operating expensesCare Takers-14535.9Additional Cleaners-1505Cleaning Supplies-2670House Supplies-1340Landscaping-4230.66Utilities (Power & Water)-8204Internet-315Pest control/fumigacion -120Pool cleaning/maintenance-2220Vehicle Gas-552.3Vehicle Maintenance and Repairs-6625.01Welcome Food for Guests-115Property Repairs-4999.64Bank Fees-1208.06Accounting Fees-1085Insurance-955.74Other Expenses-1071.2Total Operating Costs -$51,752.51Total Expenses-$1,040,537.99Net Income$3,849.54Net Operating Income$5,175.03Now 5k for an investment of 970k is not a good investment.
Sawyer Smith
Opportunity Zone > 1031?
21 December 2024 | 3 replies
Or has it performed as advertised?
Tony C.
Filing a 1065 Partnership return Husband/Wife vs Schedule E
15 January 2025 | 41 replies
To qualify, both spouses must materially participate in the business, and the venture must be jointly owned and operated.
James Wise
Why do people Buy Property in California
15 January 2025 | 192 replies
The fire prevention policies were different, more aggressive, so far less imperative reasons to sway away from a then amply supplied and I imagine price adjusted material of shake vs fire resilient material.
Albert Johnson
Can I charge tenant for clog drain
16 December 2024 | 9 replies
We have a clause in our lease that plumbing clogs not caused by mechanical/material defects in the plumbing will be charged to the tenant, and if your lease doesn't have similar I would recommend such a clause.
Grace Norton
Help! Need advice - screening my first tenant
27 December 2024 | 9 replies
I recommend you include some of your key qualification criteria in the advertisement.