Mike H.
Loan product for self storage and metal building with NO INCOME?
11 November 2024 | 10 replies
So we could do this loan strictly as a value add play on the self storage units and renting out the metal building.
Trustcia Cogdell
How to get approved for TLO skip tracing
10 November 2024 | 7 replies
They do have strict requirements.
Ivan Smith
Eviction advice needed in Phoenix, AZ
7 November 2024 | 15 replies
As for the way that they are living, you should be doing routine inspections and then hold them accountable.
Jamie Parker
Reinvesting in the business (How to structure paying self)
15 November 2024 | 17 replies
Not 2-hour morning routines or more education/inspiration/motivation/etc.
Saad D.
Is the 1% rule dead?
22 November 2024 | 92 replies
Instead of fixating on a strict 1%, 2%, or 0.7% rule, think of it as a flexible guideline that needs to adapt to the market and specific property characteristics.
Leon Lee
What is your smoking policy for STRs in Cities
10 November 2024 | 12 replies
We have a pretty rural place and Idaho has some of the most strict laws around marijuana use so that hasn't been an issue for us.Smoking in general has been a problem a couple of times.
Isadore Nelson
Rental Demand Philidelphia?
11 November 2024 | 20 replies
Zillow doesn't tell the story I shared on the 19119 zip code but driving the neighborhood, walking properties, observing the daily routines of those who live there and listening to residents articulate their wants and needs does.
Coreen Foote
Florida- What type of an attorney do I need for partnership structure?
7 November 2024 | 4 replies
Where if we use our own personal funds (not funds acquired from our spouses or from our marriages) our business would be strictly ours and our spouses have no claim to it should one of us ever divorce from our spouse. 2) Invest with my husband using the equity from our home but I want to have a business structure that is separate from the marriage where we are both partners and we are paid for our individual contributions to the business.What type of business partnership could I have with my husband that can be setup in that way?
Julio Gonzalez
When to Capitalize vs Expense
5 November 2024 | 0 replies
To determine if the expense should be classified as a capital improvement or a deductible repair, the context of the expense is very important.An example is, if an item of expenditure is part of a general plan of modernization, renovation or rehabilitation to equipment or other business property, it typically must be capitalized even though on its own it would be currently deductible.According to IRS Code, expenses that you must capitalize are those that:Materially increase valueSubstantially prolong useful life (including replacement of deteriorating assets)Adapt the property to a new or different useHowever, you are allowed to deduct expenses and fees for routine maintenance and repairs that help keep the property in efficient operating condition.
Matt R.
Bitcoin is 10k again what are you going to do now?
5 December 2024 | 554 replies
How many of them are strict and diligent about recycling?