Armani Pimentel
I'm a 16yo trying to learn wholesaling to start when I'm 18
27 January 2025 | 4 replies
A licensed agent can do all the things a wholesaler can do, and is a proven business model where the same hustle that any successful wholesaler brings to the table can be rewarded 10-fold more, with little in the way of legal obstacles.
Donald Hatter
Creating an LLC (to do or not do)
27 January 2025 | 1 reply
I have just under five rental properties and I understand the legal benefits of creating an LLC (married to a lawyer).
Jacob Dalton
Should Cook County be a "No Go" Zone for Single Family Rental Investment?
22 January 2025 | 12 replies
Namely, that if a tenant (in this case accompanied by a whole family) ends up stop paying rent and I would be on the hook for both covering the mortgage and dealing with open ended legal costs and time.
Julio Gonzalez
Which cost segregation study approach is required by the IRS?
4 February 2025 | 4 replies
The IRS has not established specific standards or requirements for the preparation of the cost segregation study.
Alex Silang
Mass deportations: will it affect rental markets?
30 January 2025 | 62 replies
It's literally broken the LEGAL immigration process.
Thomas Youngman
Property Investment in Portugal
19 January 2025 | 269 replies
It is legal and very lucrative in some parts of the US.
Michelle Martin
Got sued by a former tenant and lost due to PM's negligence
7 February 2025 | 1 reply
Mind you, she used a legal aid attorney, so he didn’t cost her anything.
Charles Evans
What Paperwork Should I Be Keeping Record Of?
29 January 2025 | 9 replies
Here's a list of things to track:- Formal lease application- Formal signed and executed lease specific to your state- Payment history (I recommend using online rent collection like Apartments.com, RentRedi, etc)- Maintenance requests and receipts- Accounting for all rental-related expenses (repairs, utilities, etc) The more you treat it like a business, the more helpful you are to your CPA come tax time.
Emily Gowen
When to sell vs hold rental properties that have appreciated?
25 January 2025 | 14 replies
Quote from @Emily Gowen: I only recommend investors sell when they can move the money to a better-performing investment or when the sale moves them closer to a specific goal.
Brett Baker
On water or off? Best value for ROI
5 February 2025 | 8 replies
Here's an example: we use PriceLabs to gather data on all 2BD/2BA condos within a specific radius (5 or 10 miles, depending on the market).