Carol Venolia
How do you cope emotionally with nasty tenants?
29 May 2024 | 64 replies
It's like a chess game... move and counter-move... think three steps ahead.Lastly, keep all communications with your tenant and her "guest" (now unauthorized occupant/tenant) in writing from this point onward, or have a witness with you if you talk to either of them.
Edward Briley
Buying Real Estate with a credit card
26 May 2024 | 27 replies
I saw on linked-in someone saying they witnessed a deal go down where the investor just charged his platinum card.
Mark C.
How to roll up Individual LLCs into a Wyoming Holding LLC
23 May 2024 | 9 replies
If something goes sideways, I would be willing to bet 90% of these single owner LLCs formed for "asset protection" would be easily accused of piercing the corporate veil, and collapses the whole thing anyways.Depending on the state you are operating in, even if you use a Wyoming formed LLC, you will likely be required to register in the state you are operating in, which may require disclosure of that information you don't want to give up already - check to see what those states require for disclosures when registering a "foreign" LLC that is operating in the state.Literally no federal income tax benefits to where your LLC is registered.
Mark C.
Asbestos abatement and testing
23 May 2024 | 9 replies
The neighborhood went ballistic accusing me of killing them all and their babies.
Nick Bednarczyk
Fed says Rates higher for longer.
21 May 2024 | 7 replies
I've witnessed decreased credit scores, rising credit balances, and stricter underwriter guidelines.
Adrienne Harrison
Property management rates around Minneapolis for Duplex, 4-plex
21 May 2024 | 15 replies
Wits Property Management takes a different approach.
Solomon Rosenberg
2 Capital calls in 2 weeks! Ouch
26 May 2024 | 102 replies
The Congress will increase it after the usual finger-pointing and mutual accusations.
Anthony Montano
New Florida Investor, looking for advice on best areas for long term rental holds.
20 May 2024 | 12 replies
Our lovely East Coast boasts some ideal areas that have shown consistent property price value increases over time, making them attractive for long-term holds, particularly in the rental property market.Consider these cities and zip codes in Southeast Florida:Miami-Dade County:Miami Beach (33139, 33140)Coral Gables (33134, 33146)Brickell (33131)Broward County:Fort Lauderdale (33301, 33304)Pompano Beach (33062, 33064)Hollywood (33019, 33020)These locations have witnessed remarkable growth, but it's always wise to conduct your own research and evaluate factors that align with your investment goals and risk tolerance.If you'd like to hear personal experiences or discuss further, I'm more than happy to chat with you.
Ruth Lyons
Inspectors killed my deal -- 3 times, Any advice?
23 May 2024 | 52 replies
The home inspector was rude to me the buyer's agent and even accused me to work for the seller, as I was continuously asking him questions on how much that issue that he was making a big deal will cost to be fixed ( $15), how long it will take for the house to fell down because there is a bit of rust on the railing of the balcony of a 5-year-old home ( answer 60+ years if the railing is not cleaned and repainted which was $100 worth repair).You get the message.
Barbara S.
Tenant leaves front door open
21 May 2024 | 41 replies
I confront him all the time on this and he says it isn’t him, even when I have witnessed it with my own eyes.