John Fleming
Property Management Reccomendation
14 January 2025 | 3 replies
If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.
Bob Willis
DSCR for acquisition of existing PadSplit
16 January 2025 | 21 replies
What kind of seasoning is generally required as it relates to the rents/revenue as it relates to servicing the note, etc...I currently own one PadSplit (acquired via Subject-to) that has been up just over a month.
Magdalene Leon
Looking for advice on backflip lender
6 February 2025 | 30 replies
I recommend getting a few quotes and choosing one that is right for your financing strategy. if you are trying to get fix and flip money there is a wide disparity in rates and charges.
Robert Spiegel
Security Deposit Deduction: What is reasonable for cleaning
21 January 2025 | 10 replies
My lease requires professional carpet cleaning, which would cost more than $500 for a home of that size.Yes, it's reasonable to reduce the cost because she was such a long-term tenant.
Thanh Lu
How to screen guests who book directly instead of Airbnb, VRBO, etc
15 January 2025 | 12 replies
To vet guests, you can use a pre-booking form, ask about their plans, and require an ID and signed agreement.
Chris Hains
Need A House Flipping Spreadsheet
28 January 2025 | 12 replies
Most lenders won't require an application fee and should be able to clearly lay out their financing costs, cash to close, and projected profitability for you.I hope this helps.
Mayer M.
Real Estate Professional Status/Time Tracking
25 January 2025 | 91 replies
It also has a dashboard where you can see how far along you are with meeting the 750 hours requirement with at least 500 hours in material participation and 250 hours in general participation.
Lincoln Waite
Paying utilities on a Multi-Family and it's eating all of my cash flow. (Iowa)
6 February 2025 | 20 replies
I recommend you do this annually to adjust for utility increases and other variables.
Brandon Morgan
is an LLC necessary?
27 January 2025 | 33 replies
Most professionals will recommend a separate LLC for every $1 million in assets but I don't think that's necessary.
Bryan Zayac
Residential Development and LP's
16 January 2025 | 1 reply
This is prime real estate, and is just about the last piece of land in this area.I have begun to develop a commercial property that I own with contractor garages, which is the extent of my experience in this space.I'm trying to get a sense of how to structure something like this, with using LP's, and also partnering with a builder, and carving something out in that regard.Does anyone have recommendations on who is currently working in this space and could provide some insight?