Paulette Midgette
A Contractor I Would Not Recommend
17 January 2025 | 12 replies
@Paulette Midgette I haven't looked at that statute in a while but I would check to see if the Home Improvement Consumer Protection Act ("HICPA") applies to this situation.
Lei Wei
Investing in Hawaii
7 January 2025 | 13 replies
.- Does the condo have an existing STVR permit or will you need to apply for it?
Weronika Jedrak
Finding tenants for MTR
26 December 2024 | 27 replies
Apply it fairly, but stick to it.
Kolby Knickerbocker
should I sell a property to pull out $500K and invest it elsewhere?
15 January 2025 | 18 replies
If you kept the property, and accumulated the CF/yr, it would take you 25 years to get that same equity that's sitting, frozen in your property.Also, if you cashed out and used that same equity as a DP on different RE, at 20% DP, that equity would buy you $2M in PV, not just $700k,...and, I'd be willing to bet, you could find new RE that would have a yearly CF well over $20k/year.On top of that (remembering my initial statement above), any appreciation applied would be applied to $2M, not just $700k.
Robert Williams
Tenant Request to Refund Pet Deposit for the Holidays —How Would You Handle This?
3 January 2025 | 12 replies
We’re pleased to share that the tenant paid rent on the 3rd, just before late fees would have applied.
Matthew C.
Advice on multifamily vacancy
13 January 2025 | 11 replies
I asked our manager about reducing the rent but he said we are asking a fair amount and we are getting lots of interest but a lot of cancellations, no shows, or people who don’t follow through with applying or don’t meet minimum credit score.
Michael Plaks
Crazy technicalities: how the IRS defines your age. Spoiler: it depends.
29 December 2024 | 1 reply
(i) has not attained the age of 19 as of the close of the calendar year in which the taxable year of the taxpayer begins, or(ii) is a student who has not attained the age of 24 as of the close of such calendar year.Here, in black and white, the law specifies that the determination is made as of December 31st and applies to the entire year.
John Friendas
LLC Mortgage Under Partner Instead of Me
12 January 2025 | 22 replies
Quote from @John Friendas: Hey,My investing partner and I have reached an agreement where he would have the debt under his name and apply for it individually, and I would do the majority of the management (he is out of state and my income is half his).
Colleen A Levitt
DSCR out of a DSCR?
9 January 2025 | 15 replies
If you have a 3-2-1 prepay, you'd lose $3,240 paying off your current DSCR (this would apply to a refinance OR a sale).
Mohan Sadashivaiah
Real Estate Data Analyst...
18 December 2024 | 2 replies
If so, I would like to apply my expertise in Data analysis as part of my side hustle project.Please suggest.