Ellen Holter
Buying property for your own as Realtor
11 March 2021 | 6 replies
@Ellen Holter If you're uncomfortable, going the referral route may be the best way to go either way.
Darin Marvin
New commercial property, slight rehab, Cleveland suburb
11 March 2021 | 3 replies
After he got uncomfortable waiting, he was ready to agree to private financing on part of the deal.
Aaron Romine
Top 5 Things I've Learned In My 1st Year of House-Hacking
11 March 2021 | 5 replies
The hard/uncomfortable times make you better.
Jeff Vierra
1031 Exchange Question
12 March 2021 | 4 replies
You would take 1/3 of $2.0 million - about $666K - and then subtract 1/3 of the routine selling expenses such as broker's commission, title, escrow, documentary transfer taxes, recording fees, etc., to arrive at your Net Sale Price that would be around $625K.
John Roesler
Tenant is 4 months behind on rent
21 March 2021 | 2 replies
Schedule a "regular and routine" property inspection.
William C.
More Accurate Pre-Purchase Calculations (Focus on Repairs/Maint)
18 March 2021 | 8 replies
I have two rental properties (both 30+ years old) and budget separately for the big ticket items (like heaters based on their age), and then provide for a specific sum or % for 'routine' maintenance.
Albert Muldowney
Why Conduct Regular Inspections on Your Rental Properties?
19 March 2021 | 0 replies
When it comes to repairs, here are a few of the most common for rental properties: Repainting Gutters Leaks Plastering Broken windows Minor roof repairsSimilar things are present when it comes to maintenance: weatherproofing, heat, water, electricity, clean premises, etc.By following simple procedures and conducting a regular inspection can help maintain the value of your property and keep the tenants safe.What are some other items you would look for during you routine property inspections?
Joe S.
Paying for cash and pulling my money back out in Mississippi?
14 April 2021 | 25 replies
I routinely buy and refi all my cash out in Gulfport and Biloxi. very easily done.
Shawn S.
Looking for Advice on this Deal
20 March 2021 | 0 replies
.- Structure on adjacent property is uncomfortably close to structure on this property (about 6 ft separation on Google Earth).- Home sewage uses a septic tank (not sure how much of an issue this is, but I have heard nightmares).- This is the 5th time this property has been listed for sale in 2021.
Karan Sakhalkar
New Construction Primary Residence Capital Gains
30 March 2021 | 3 replies
What's working for you is the extraordinary appreciation even befe construction is complete and the fact that you are now uncomfortable with holding such an asset for investment use.So in your case it's going to come down to what you and your accountant believe you can demonstrate as a legitimate intent. 1031s are not an audit trigger but my rule is never do something just because you can get away with it.