Mindy Jensen
Structural Engineers: Can an aluminum I-Beam span 25 feet?
9 July 2024 | 17 replies
The mfg won't produce a "load rating chart" since there are too many load combinations to worry about.
Andreas Mueller
Is the 1031 Exchange at Risk? Inside the Court's Chevron Decision.
10 July 2024 | 0 replies
Previously, under the Chevron doctrine, when a court determined that a statute was ambiguous or that Congress had not directly addressed the precise issue in writing a given law, the Court, rather than applying their interpretation of the law, would instead defer to the regulatory agency’s interpretation.
Dennis O'Loughlin
selling land in Arizona
8 July 2024 | 1 reply
Sorry to not offer a connection, but for this one I think your best bet is to find the "land specialist" realtor in the area and get a CMA.If you want an extremely precise number hiring an appraiser is most likely the move.
Gina Coleman
What will I need for my first rental? Insurance, banks, PM, etc
11 July 2024 | 24 replies
@Hamidou Keita Detroit is one of the best cities in the Midwest for investors, see chart below:Regarding, your first property, we've helped many OOS investors get started in Detroit with our logical approach to invest wisely and avoid critical mistakes.
Chris Seveney
This Blows My Mind For Those Acting A A Lender
12 July 2024 | 40 replies
I am about to say this precisely this word.Our friend here Chris is the best in risk management.
Jingru Sui
How to transfer title for my rental property from me to my LLC?
8 July 2024 | 27 replies
It's precisely the lottery size judgements that either exceed you insurance or are dodged by your carrier that make it a good plan to have another layer of protection of a limited liability entity.
Dijana Tadic
Investment Opportunity in Property Flip
4 July 2024 | 12 replies
I am committed to managing the project diligently, ensuring that every aspect of the rehabilitation process is executed with precision and efficiency.I am open to discussing various investment structures and terms that would be mutually beneficial.
Ammar Khan
House-Hacking / Managing Property / REPS?
4 July 2024 | 7 replies
This general log gives an overview of your activities, but it might not be detailed enough for IRS purposes.Example 2: Detailed LogMonday, 7/1/247 AM - 7:30 AM: Monitored security cameras1:30 PM - 2:15 PM: Responded to tenant question regarding parking3:00 PM - 3:30 PM: Monitored security cameras4 PM - 4:15 PM: Checked mail and delivered to tenants, as necessary7 PM - 7:30 PM: Monitored security cameras10:30 PM - 11 PM: Monitored security cameras7 AM - 11 PM: Remained on standby all day for tenant needs/emergenciesThis detailed log breaks down your activities into specific time slots, which can provide a more precise account of how your time was spent.Best Practices for Record-KeepingBe Specific: Break down your activities into smaller time intervals, as shown in the detailed log example.Use a Logbook or App: Consider using a time-tracking app or a dedicated logbook to keep daily records.Document Standby Time: Clearly note the hours you are on standby for emergencies, but also separate it from active tasks.Include All Activities: Document everything from advertising to maintenance and tenant interactions.Consulting with a Tax ProfessionalGiven the complexity of qualifying for REPS, it's always a good idea to consult with a tax professional.
Greg Scott
Where is the distress with apartment owners?
2 July 2024 | 19 replies
I'll see your charts and raise you one more.If I were in Austin, Nashville, Salt Lake City, or Colorado Springs, I would be worried about the next two years.
Adam Bartomeo
SWFL Update - Cape Coral, Ft Myers, Lehigh, Naples
2 July 2024 | 10 replies
If you do not have these two steps than you will never get the unit filled.The ProblemBelow I included a chart and the raw data to help you understand our concern.