Jamie Parker
First Wholesale deal
6 January 2025 | 0 replies
Moving on was tough, but helping him make peace with that was main part of the negotiation process no one else touched on.
Ariel Cohen
A new flipper in town 🐬
12 January 2025 | 5 replies
Just wanted to introduce myself.My name is Ariel, I am 32 years old (this Thursday), and I am making my first steps as a real estate investor.As I live abroad, most if not all of my work would be remote, and right now I am focusing on Jacksonville, FL.My main goal for this year is to fix and flip at least 2 SF's properties, and for the next few years to increase this number, maybe do some MF, and possibly to also BRRR when I raise enough of my own capital.At the moment, my biggest challenge is the fact that I am remote, so I could use some help from a local realtor or management company.It's so amazing to know this community exists, and I am thrilled to actually take part in it
Sean Gallagher
Taking over an existing lease with addendums, RBP, BPP.
4 January 2025 | 11 replies
To simplify the existing lease I thought about asking the tenant if they would be ok modifying the addendums to get rid of the resident benefit package and the building protection plan.
Jill Keller
LLC or Not from a Liability Standpoint?
1 January 2025 | 2 replies
@Jill KellerI personally owned and managed several rental properties, mainly one family, 3-families and been advised by a number of attorneys through the years to forget doing LLC's.
Reyna Ayala
How many bank checking /saving accounts are needed as a first time landlord
8 January 2025 | 10 replies
What you seem to be missing is your main need is an accounting system.
Lorraine Hadden
Is There Such A Thing As Too Much Curb Appeal?
18 January 2025 | 4 replies
Curb appeal for higher-end properties will be much more important, especially when it comes to marketing - most ads and main listing photos feature the front of the property.In this case, I would consult with a professional - i.e. landscape designer or stager.
Account Closed
L.A. Wildfires and Their Tax Implications for Affected Residents
9 January 2025 | 0 replies
The IRS disaster assistance page and hotline are key resources for those seeking guidance.One significant benefit for those who have experienced property damage is the potential to claim a casualty loss deduction.
Rene Hosman
WTF is a land swap?
16 January 2025 | 13 replies
Usually conservation easements come with Huge tax benefits for the party putting the property into a CE.
Delroy Watson
Unfinished Basement conversion
13 January 2025 | 6 replies
Your main issues will be eggress, as usual in a basement.
Mead Vest
looking for particulars about how partnerships work
10 January 2025 | 2 replies
How many years managing is equivalent to the benefit of the 20% down?