Josh Holley
Seller won’t return EM
31 December 2024 | 97 replies
Buyers are Liars" And I guess the same can be said for sellers to when they do not divulge items they know.
Jake Andronico
Reverse 1031 Exchange - Who has done one?
23 December 2024 | 13 replies
Make sure you don’t have any lengthy due diligence items.
Hamidou Keita
Seeking Advice on House Hacking Strategy: Buying Single-Family Home to Build Duplex i
5 January 2025 | 24 replies
Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.
Alberto Freites
The Miami Market is Overrated?
27 December 2024 | 66 replies
I am expecting items to be found even though there is no visible signs of any issues.I will not be surprised if in the near term the prices fall a little.
Marc Brown
Mid term rentals by the room
17 December 2024 | 3 replies
Provide community items (Toilet paper and condiments).
Ryan Goff
Grocapitus - Anyone have experience with them?
31 January 2025 | 170 replies
There are a few other items but the point is and has always been, the underwriting performed was sloppy, broad stroked and lacked basic inter line item relationship logic.
John Cooper
Difficult Tenant: Escalating Issues & Safety Concerns
25 December 2024 | 10 replies
I acknowledged his concerns but was unable to resolve the issue.Since the tenant moved in, I have experienced escalating issues with his behavior, including:Lease Violations:Moving items without permission (furniture, safe, carpet cleaner, TV from his room to another tenant's room).Accumulating boxes in the garage, potentially exceeding the agreed-upon storage space.Installing a security camera in the common living area, which is a direct violation of the lease agreement.Failure to submit a work order for alleged issues with the smart lock, as required by the lease agreement.Behavioral Issues:Aggressive and confrontational communication.Unfounded accusations and personal attacks.Refusal to communicate through agreed-upon channels.Loud and disruptive late-night behavior (banging on the door, kicking the door) due to alleged difficulties with the smart lock, often accompanied by profanity.Harassment of my son, the designated on-site property manager, by making disparaging remarks about me and refusing to cooperate with him.Potential for Neighborhood Disruption: The tenant's late-night outbursts have the potential to disturb neighbors, although no formal complaints have been received.Unreasonable Demands: The tenant unreasonably demands advance notice of my access to the property for storage purposes, despite the prior agreement and my right to access common areas and my own storage spaces.Safety Concerns:While the tenant has not directly threatened us, his actions, including the harassment of my son, have created a concerning and unsafe environment for my son and me.Goal:My ultimate goal at this point is to evict the tenant due to his ongoing lease violations, concerning behavior, the harassment of my son, and the potential for neighborhood disruption.Questions:1.
Silas Melson
Estimating Rehab Costs
14 December 2024 | 15 replies
What I do is develop my own scope of work and then make my own estimate for each line item.
Alex Longinidis
Buying First House Hack
17 December 2024 | 17 replies
Yeah there are several big items!
Tar-U-Way Bright
How could I use my LLC
24 December 2024 | 14 replies
Also, I don't know if it would be worth it from a liability perspective either, but would advise to chat with an insurance pro/legal pro.When purchasing a primary residence, conventional loan guidelines will require you to take down the property in your personal name.When it comes to taxes, you'll likely be able to take the standard deduction AND itemize Interest, Taxes, Insurance, Depreciation, and expenses prorated based off the rented portion of the property when reporting the 1040 along with W2 income.