Baron Wheeler
Guidance midterm rentals in south Houston?
16 January 2025 | 7 replies
There are often local Facebook groups for specific strategies
Rio Nance
Fix and Flip changes
21 January 2025 | 5 replies
Hey @Rio Nance you’re casting a pretty wide net with your question, since it's not specific to an area or city, but I’ll share based on what I'm seeing.
Kyle McVay
Looking for Property Management Rec.'s
20 January 2025 | 5 replies
So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?
Lacey A.
Rent to Myself
20 January 2025 | 5 replies
You might consider other strategies, like taking a home equity loan or refinancing to fund repairs, but consulting with a tax professional or CPA would be the best next step for your specific situation.
Sean Mattis
Best Text Blasting Service?
13 January 2025 | 5 replies
I'm looking to categorize my buyers and blast out a text message to specific groups whenever I get a property that fits their criteria.I'm sure services like this exist out there but I'm looking for the most cost effective one and I'd rather hear the best from you guys rather than from the salesman pitching their product.Does anyone use a platform like this and how does it perform for you?
Anade Davis
Looking to connect with General Contractors in Beaumont and Port Arthur Area
4 January 2025 | 2 replies
It’s also worth verifying if Beaumont and Port Arthur have any specific contractor registration or insurance requirements, as local compliance can sometimes impact project timelines.
Pavan Kumar
House not rented for 100+ days
16 January 2025 | 12 replies
When you re-list the property, it will restart the counter for "days listed" (assuming it is down for a reasonable period of time, I'm not sure their exact specification, I know we've been down for 24-48 hours and it did not restart).
John Gillick
1031 leverage question on partial sale
15 January 2025 | 11 replies
Proportional leverage (like 27% LTV) isn’t specifically required, but if you don’t reinvest the full amount or fail to replace debt, the difference will be taxed as boot.
David Woodside
500 hour rule - material participation
15 January 2025 | 12 replies
CPAs often advise against pursuing this designation unless the time commitment and documentation are robust, as failing to qualify can result in IRS audits or penalties.The 500-hour rule pertains to material participation in specific real estate activities or businesses.
Vina Merrill
In eating in Chattanooga
9 January 2025 | 1 reply
Let me know if you have any specific questions, and I’ll be happy to answer!