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10 January 2025 | 12 replies
The issue with this is, section 179 allows this to be expensed when put into service rather than depreciated over X number of years.
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11 January 2025 | 19 replies
Shiloh, the poster above, seems to find investors and I don’t think he has to offer a discount (most people trying to partner on a property are probably finding properties that are selling for close to retail and then they seek partners with whom to purchase the property and therefore don’t even have a chance at offering a discount since they don’t already own the property as I do).
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8 January 2025 | 7 replies
The city wants to tear the property and surrounding properties down Zillow said it’s worth 38000The city offer me 13000.I could use some adviceHard to give advice with limited information, but as a general rule, the longer you wait and the further down the line their project is the more valuable your property will be to them.Zillow (and all automatic online) estimates are very unreliable, so don't base on that.
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3 January 2025 | 19 replies
Holding properties in an LLC (or other legal entity) can offer valuable protection for your personal assets, so I understand why you went that route.
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29 December 2024 | 7 replies
Quote from @Patrick Roberts: Echoing what Chris said - use a third party servicer.
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4 January 2025 | 6 replies
I’m trying to find a way to get her SSN, any service that provides the SSN search?
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16 January 2025 | 20 replies
It's going to offer Strong economic growth, Appreciation (especially in DFW), Tax advantages (no state income tax), and a Growing population, including infrastructure and amenities.
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16 January 2025 | 10 replies
For the first time in years I’ve noticed many of the larger apartment complexes even offering the first month free to fill vacant units, so it’s clear that demand is down.
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22 January 2025 | 12 replies
A good property manager can help with tenant screening, enforce lease terms, and handle evictions more efficiently if it comes to that.Require a Larger Security Deposit: Within the bounds of local regulations, a larger deposit can provide a cushion in case of damage or unpaid rent.Consider Rent Guarantee Insurance: Some companies offer insurance products that can cover lost rent in case of tenant default.
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15 January 2025 | 15 replies
You could offer cash for keys to get her out-NEVER hand over any money until they are out and you have the keys and signed paperwork that they are out of the property.