Jared Mink
Evicting Tenants prior to or at purchase
6 January 2025 | 1 reply
Giving them a financial hand to leave could be to your benefit, but I would keep that in my back pocket until its necessary. 7.
Tim Hem
Capital Gains and IRS Publication 523
9 January 2025 | 9 replies
Hey Tim, Under IRS Publication 523, as a military member on qualified extended duty, you benefit from an extension of the “2 out of 5 years” rule to “2 out of the last 10 years” for excluding capital gains on the sale of a primary residence.
Felisha Derrick
Beginner situation/Hubris/What would you do?
6 January 2025 | 9 replies
I will provide some thoughts on the San Diego purchase- virtually all high LTV mls purchases since rates started to hike have negative cash flow at purchase- historically great appreciation- historically great rent growth but recently flattening- prop 13 is great benefit for long holds- laws keep getting less LL friendly.
Torrean Edwards
Stepping out on faith, but looking for support/advice
20 January 2025 | 18 replies
On buy-and holds we usually replace all the plumbing with pex, no matter what, because galvanized has a life expectation of about 60 years, so I usually take the sooner than later approach.Stick with hard money, like Mach1 or or MKE hard money (Scott Lurie) as they will not leand on a deal that does not pencil out, so you have the added benefit of someone experienced looking over your numbers.
Jeff Ryan
Mobile home purchase (on rented lot) for single family home investment
6 January 2025 | 14 replies
Here are some thoughts I hope help.The benefit of selling now is that as an inherited property you will likely pay no taxes because you inherit it at a stepped-up basis.I'm not a huge fan of buying a house that has lot rent.
Jesse Streng
Detroit Property Manager
4 January 2025 | 20 replies
I want to give them the benefit of the doubt they are just struggling with staffing but now have seen some red flags that lead me to believe there might also be some type of deceit/fraud and possible financial trouble.
Dan Noci
How to delete a post.?
31 January 2025 | 46 replies
I think are benefits/drawbacks to both scenarios.
John Voychick
Do not use Suncoast Property Management in Jacksonville
30 January 2025 | 34 replies
New tenant security scheme that only benefits Suncoast and the tenant - leaves owner paying up at move out.
Danielle B.
Out-of-State - Ohio Section 8 Housing
29 January 2025 | 22 replies
Ultimately, I do think S8 requires scale and lots of efficiencies but has its benefits.
Chan Park
Plumbing Issue - Landlord's vs. Tenant's expense
29 January 2025 | 14 replies
I'm trying to give them the benefit of doubt that he just DIDN'T know.