Marcus Morin
Tenant Went Silent After Signing Lease
26 September 2024 | 12 replies
I do not accept personal checks under any circumstances for these move-in funds.This agreement is between_________________________________________, hereafter referred to as “Prospective Tenant(s),” and ____________________________, hereafter referred to as “Landlord.”Landlord acknowledges receipt of payment in the amount of $___________ from Prospective Tenant(s) as a non-refundable binder for the property listed above.
David Horton
Student Investor from Las Vegas, Nevada
25 September 2024 | 20 replies
As I mentioned previously to Hattie, I want to see what is realistic given my circumstances and what things to focus on at this point in my journey.
Robert Bell
Reserve Funds Required For A Private/ Hard Money Loan
19 September 2024 | 1 reply
We use 10% of the loan as a rule of thumb.Even though we can usually fund almost 100% of a flip, there are still many unforeseen issues that will arise.We just don’t want a borrower to get in over their heads.
Alex Boulger
Selling Rental with 2 Out of 5 Year Rule
25 September 2024 | 14 replies
If you hit the two-year mark before selling, you should be eligible for the exclusion.If you don’t meet the two-year requirement, you could look into partial exclusion for certain circumstances, such as job relocation or health reasons.
Chris Bruce
Probate Best Lead Source
25 September 2024 | 96 replies
I didn't see your post until today. 30 - 45 days should not be an issue.This is the reason why I personally have built a buyers list of qualified buyers who can close with cash in 10-15 days (its never really that short between sorting out title issues, sending contracts back and forth, etc.)I feel comfortable telling the seller that although the contract says 30-45 days we can more than likely wrap the deal up in 10 - 15 business days barring any unforeseen circumstances.@ Tommy - I took a look at the cost of those leads. 25 leads a month for $150?
Maggie Rose March
Fix & Flip
20 September 2024 | 4 replies
Many projects go over budget due to unforeseen repairs or delays, and having a financial cushion is critical to staying on track.4.
Nick O.
STR Cost Seg/Bonus Depreciation Buying with Partner & other non-RE related income ?'s
23 September 2024 | 14 replies
Facts and Circumstances Test: Based on all of the facts and circumstances, the individual participates in the activity on a regular, continuous, and substantial basis during the tax year.
John Mason
Profit from flips if I have 250 K capital
23 September 2024 | 15 replies
It would be good to start your own topics to get better feedback since this post was started by another member with a different set of circumstances.
Sam Rexford
Fed Cuts Rates by .5 - how should us newbies play this?
20 September 2024 | 9 replies
Create a buy box and work that buy box under any circumstances and you will be fine.
Don Konipol
Customers You Should Avoid
22 September 2024 | 11 replies
Or that they’ll be able to use a highly sophisticated technique that can really only successfully be utilized when all the stars align and in circumstances that occur irregularly and need to be recognized as such, always by an experienced real estate investor.