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Results (10,000+)
Josh H. Private Money (Hard Money is for Suckers)
7 July 2024 | 30 replies
Once the borrower is tied into these they are quite cumbersome to manage for the borrower and god forbid there is a default of any kind :)  or with the pre pay penalties and the reporting and the covenants to keep a certain DSR etc etc I mean look at all the syndicators who are leaking oil because they cant meet loan covenants.. 
Carlos Lez Tenant accusing of lost items during room showing
2 July 2024 | 5 replies
@Carlos Lez, I would let them know that the room was not disturbed during the showing so that the issue must have occurred after the showing and that they should file a police report.
Francis Figueroa Does Wholesaling Make Sense?
5 July 2024 | 10 replies
You will send them prop address and they will email you back a report, with list of similar houses sold in recent months, advise you on temperature of the market and so on.
Ryan Denman How to raise money and form partnerships with non-accredited investors
3 July 2024 | 4 replies
Reading through some other forum posts, it looks like there are much simpler partnerships, entities, or offerings that would meet what I am trying to do:My Role:-Decide on properties to purchase, mostly SFHs-Establish LLCs or other business structures to hold the real estate and distribute returns-Purchase properties, using loans as needed depending on the ROI/cash flow desired from investors-Act as property manager for the properties-Depreciate properties held in business entities to minimize taxable income to investors-Distribute returns to investors-Create investments that have high cash flow (CF) and low appreciation (App) , moderate CF and App, low CF and high App-Find investors from connections, friends, and family with no public advertising-Advise in a minimal capacity on tax and real estate strategies-Send investment reports to investors-Be fiduciary to all investors-Receive compensation from PM and other management work I do related to the investmentsInvestors:-Can be non-accredited -Invest as little as $1000-Can use retirement accountsWhat references can people recommend for me to learn about business structures, partnerships, securities, taxes, or other topics to get me started on learning what will work for my goals?
Mary Witt A question about landlord liability
2 July 2024 | 1 reply
The potential consequence of this misuse is a grease fire that could potentially burn my unit or the entire building down.I have reported this issue to the city multiple times, contacted my condo association, and sent emails to my alderman, but all my efforts have led to nothing.
Gi'angelo Bautista STR PMS: Hostfully vs Hospitable?
3 July 2024 | 36 replies
. - OwnerRez recently got their Wheelhouse integration- OwnerRez accounting and financial reporting is wayyyyyyy better- OwnerRez has more features and more integrations that we need (especially the payment processor)Other PMS we considered: Streamline, Track, and Hostaway@Tom Freestone I probably wouldn't get a PMS right away since you only have 1 listing.  
Seth McGathey How do rent discounts affect taxes vs value
2 July 2024 | 10 replies
Now, there are different reporting methods you can implement here.
Joey Morgan Help with writing a "subject to" offer
3 July 2024 | 6 replies
Outline that the sale is contingent upon the inspection report being satisfactory to the buyer.- Appraisal Contingency: State that the purchase is contingent upon the property appraising for at least the purchase price.
Amanda Dallman Wenatchee, WA is BOOMING (and no one is talking about it)
2 July 2024 | 3 replies
When vetting Wenatchee on paper I know it doesn't look the best but the numbers are skewed.When Googling the population of Wenatchee you're going to find that it only reports 35,000 people.
David Maldonado Home purchase loan and Home style for ADU build
4 July 2024 | 9 replies
But, unfortunately, most people ordering appraisals these days (typically AMCs - appraisal management companies) don't pay enough for good appraisers to accept their assignments, and therefore, many appraisal reports lack good results.