Sean Gammons
How to buy two rentals in one year?
16 January 2025 | 17 replies
In the meantime, just focus on filing the vacany of the first property you bought and get familiar with what it's like to own a rental property first.
Leeling Chew
Best Course of Actions To Remove a Difficult Tenant
24 December 2024 | 5 replies
If he doesn't move out you have to go to your county precinct office and file for eviction, at which time they will give you a court date and a constable will notify your tenant of the court date.
Anthony Jackson
Norada Capital Management Promissory note investment
8 December 2024 | 37 replies
Interest always paid on time, and principal was returned with bonus right on schedule.
Daljit S.
Eviction taking forever - anything else can be done?
20 December 2024 | 9 replies
I used an attorney to file for eviction and we had the court date towards the end of October.
Melanie Baldridge
“active income” and “passive income"
20 December 2024 | 0 replies
There are several different types of income in the US tax code.Two main types are “active income” and “passive income".Active income is money you earn from working, such as wages from a W-2 job or income from running a business.Passive income is money you earn from investments like real estate, stocks, or rental income from your RE portfolio where you earn $ without actively working.Normally, you can't use passive losses (like losses from real estate investments) to offset active income like your salary from a W-2 job.That is unless you are an RE Pro.The reality is, that Real Estate Pro status is just a filing status similar to filing married or jointly.And if you are a real estate professional you CAN use passive real estate losses to offset active income from other sources.To qualify as an RE Pro you must:1.
Remisola Omodara
Homestead Exemption Advice - Austin
27 December 2024 | 2 replies
@Remisola Omodara per Texas law, you are only allowed one Homestead exemption at a time, so not sure how you had multiple ones filed.
Marc Shin
Should I get extra insurance outside of Aircover?
13 January 2025 | 16 replies
STR insurance provides broader coverage, including liability, property damage (even non-guest-related), and gaps Aircover might not cover.For damages caused by guests, document everything (photos, receipts, estimates) and file a claim through Airbnb.
Jesse Valdez
HELP***Week to week tenant eviction
12 January 2025 | 28 replies
If she doesn’t leave then I’ll file for eviction in April.
Brynn Walden
Feed back on Syndicators.
17 December 2024 | 2 replies
Good Morning AllI am still working on transitioning from an active real estate investor ( SFR portfolio ) to passive investing.I have invested in one MF syndication with Vanamor in California.I flew down and met with the principal and toured the property and a numbe r of comps.Bobby was great and I am hopeful that it will turn out great.Now I have to place more $$ in January and was hoping to get feedback from members on a couple of syndicators.1,Sunrise Capital Investors (Kevin Bupp ).Mobil Home Park funds.2.
Greg Weber
Has anyone done business with this company or person
19 December 2024 | 37 replies
I am in contact with an attorney in RI and we are looking at possibly doing a joint filing against Teshaw.