Jay Mayer
First time Rent Increase after 2 yrs, $100 too much on $1100 rent
15 May 2024 | 15 replies
I am thinking I will just do a $100 increase since from what I have been reading and even talking to other people, a $100 dollar increase is not that uncommon.
Chase Caudill
Owner not providing proof of month to month leases
12 May 2024 | 5 replies
There are many lazy owners, so it’s not uncommon to have missing contracts when dealing with self-managed property.
Ben Habig
Listing Rental Property Returns
11 May 2024 | 3 replies
We all have to do our due diligence and no one should be taking for granted that what you were able to generate is what they will be able to generate, but it's not uncommon at all to ask to see the financials.
Dave Meyer
Is Real Estate Still the Best Asset Class?
14 May 2024 | 164 replies
. ; it is not something that's uncommon like in the 80s.So if you see my reply, the single family can be used as "saving mechanism" as well as "generating income".
Kevin Vasquez
What stands out to you on this initial cost worksheet?
9 May 2024 | 8 replies
It's not uncommon to pay higher origination fees for smaller loans, although you're over 4 points here....it sounds like this particular broker has a $3,000 minimum, which isn't extraordinarily high.
Jason Clark
Under Contract but Seller CXL all Reservations
8 May 2024 | 5 replies
Like @Michael Baum said, this is not uncommon.....contact the seller and see if you can get at least some of the bookings.
Andrew Abeyta
As a CPA, how often are you pulled into the LP Pship Agreement drafting conversation?
8 May 2024 | 4 replies
It's not uncommon for CPAs to be left out of initial discussions when structuring real estate funds, and there are several reasons for this:Historical Roles: Traditionally, attorneys and general partners (GPs) have taken the lead in structuring real estate funds, with CPAs brought in later to handle tax and financial matters.
Ryan Mortimer
DMV - Hard money lender vetting/recommendations
8 May 2024 | 9 replies
We do lend in this area but 100% with no reahab seems uncommon.
Ryan Tyree
Help understanding a LP K-1 net loss
8 May 2024 | 9 replies
But if you make a 1.469-9(g) grouping election, you can group your rental activities (self-storage qualifies) and your real estate partnerships together and then you just have to have enough hours to materially participate in the group, so then your K-1 income can qualify.It's not uncommon for tax professionals to not know about how to use REPS and the grouping election to make limited partnership K-1 income non-passive.
Collin Hays
Smokies State of the Union
8 May 2024 | 33 replies
I have done a cursory look at the May calendars of many VRBO and Airbnb listings, and it isn't uncommon to see NO bookings for May whatsoever.