David Woodside
500 hour rule - material participation
15 January 2025 | 12 replies
The other two that are commonly used is (1) 100 hours and more than anyone's time in the activity or (2) substantially all the time in the activity.
Sean Michael
Making Sense of San Diego Real Estate (Renting and Investing vs Buying)
5 January 2025 | 12 replies
.$8,981 mortgage at 7%$2,918 expenses monthly 33.38% of Gross rental income (Prop mgt, maintenance reserve, utilities, Prop Taxes, Insurance, other)$6,852 NOI/monthly ($2,129) negative monthly cash flow..Same scenario with 50% down, $864 positive monthly cash flowNot saying it's the best use of capital or the only way to do it, instead providing an example using an available market opportunity to share what the numbers look like.
Kristi Wolfe
19 years old - getting a loan with roommates
1 January 2025 | 4 replies
Seems like a common scenario for some of the active military we've helped in the Tucson area recently, feel free to reach out if you have any questions!
Torrean Edwards
Stepping out on faith, but looking for support/advice
16 January 2025 | 17 replies
Hard money would be the easiest and most common route to fund the purchase/rehab.
Zachary Kessler
Section 8 Rentals
24 December 2024 | 5 replies
The reality is that the Gross S8 Rent amount on an S8 voucher includes all utilities.
Buddy Herbruck
Wholesaling Land DD Period
30 December 2024 | 1 reply
Start with a standard offer, and write a contingency into it for electricity, all the below ground utilities, and then work your way to zoning, permitting etc.
Gabriel D. Zapata
Notice of an Independent Solar Energy Producer Contract
2 January 2025 | 4 replies
Good afternoon, everybody and Happy New Year,For those you that utilize services like PropertyRadar, PropStream, etc.
Alex Houser
Foolish to buy office building?
18 January 2025 | 8 replies
It is what is left after snow removal, cutting the grass, utilities, tenant issues, parking lot issues, property taxes, mortgage payment, etc. that make a difference.
Noel Coleman
Unlicensed & Uninsured Contractors
6 January 2025 | 7 replies
I think there is a common misunderstanding that licensed contractors cost more.
Troy Smith
Refinance step of BRRR
13 January 2025 | 11 replies
If you research recent sales you can always provide the appraiser a list of those sales.One of the best ways to insure a higher value is to update the property using materials and fixtures that are popular and common in the area.