Edward Segaar
Cost for a CPA
23 November 2024 | 6 replies
It appears you will have a simple filing a lot of CPA's may turn you down and many will take anybody that walks in the door.
Megan Jones
Needy tenants, trying to go on maternity leave without any help and more lol
22 November 2024 | 7 replies
- Appears you are allowing the tenants to run the business, not the other way around. - We do not answer the phone outside of business hours.
Bruce Schussler
To cash-out refinance -or- keep positive cash-flow on a rental
21 November 2024 | 1 reply
Quote from @Bruce Schussler: A lot of Podcasts and Youtuber's say to cash-out refinance to keep rents balanced with payment; (PITI) then use those funds strategically to re-invest either in more real estate or just put into a high interest bearing account or money market account...Here's some of my thoughts and comparisons;Cash-out refinance with new loan so rents balance with payment:- The cash-out refinance is 100% tax free- The funds can be put into a money-market account off-setting a portion of the interest charge of loan- The loan balance gets eventually destroyed by inflation- The liquid cash eventually gets destroyed by inflation - The interest on the new loan can be deducted from the rent income- The refinance costs are 3-4% of the total- There is less equity in the property and LLC that can be attached in case of a lawsuit- The break-even on cash-out refinance with current interest costs on the new loan is around 12 years Vs.Paid-off property with positive cash flow:- The positive rent income is 100% taxable minus only depreciation and property tax- There is more equity in the property and LLC that can be attached with a lawsuit- The break even is not until after 12 years at today's interest rates- There is a rate risk in today's inflationary environment where interest rates on bonds keep rising*It appears to me that the cash-out refi is in the best interest for a property investor; (Dave Ramsey would strongly disagree!)
Christian Gibbs
What is the typical fee charged by property manager while rental is vacant?
25 November 2024 | 19 replies
On the other hand, it appears you are using them as a GC.
Tessa Tsui
Renal App for Landlord
23 November 2024 | 4 replies
Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.
Aditi Chaudhuri
Temple University Student Rental
25 November 2024 | 13 replies
It appears the base zoning must allow for the creation of 3 units in order to lease a total of 8 bedrooms.
Shelby McKean
New to investing, 2nd wind career (let’s not say older investors), life complexities
21 November 2024 | 3 replies
Based on the wording of your post, it appears you're passionate about Affordable and Workforce Housing, would that be true?
James Wise
Exposing more of Bob Prisco's (AKA Bob Stevens) Lies
21 November 2024 | 6 replies
It's crazy to me that someone would buy a property halfway across the country from a man who appears to have lied and contradicted himself over his entire real estate sales career.
Scott Trench
Syndicator Threatens LPs for Negative Comment about them On BP
26 November 2024 | 86 replies
Now lets look at concentration:Similar, ODC appears to be doing MF, debt, MHP etc.Kawaoka appears to be in anything and everything.Rad appears to be land, rentals and a $50k membership group to teach you how to buy real estate (which is ironic based on their current situation)...Ashcroft appears stays in their lane.Norada has little real estate but ecommerce, membership groups, broadway plays, bitcoin etc. but is starting a STR rental fund...These Jack of All Trades, Master of None....
Heidi Thompson
Padsplit insights please
5 December 2024 | 31 replies
The exterior appearance is incredibly important at PadSplit, we want our homes to look the best on the street.