Joe Au
Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
But I assure you it's correct.
Jason Khoury
Purchasing Vacant Home from Non-Profit
12 January 2025 | 6 replies
Sometimes, properties owned by non-profits have deed restrictions, zoning conditions, or agreements tied to their use.Tax Considerations: Non-profits often hold tax-exempt status, so you’ll need to ensure that taxes are assessed correctly once ownership transfers to you.Potential Public or Internal Scrutiny: If the transaction appears to undervalue the property or is perceived as exploiting a non-profit’s resources, it could lead to reputational risks for you or the organization.
Megan Herrington
CPA Recommendation in ID
2 January 2025 | 6 replies
Getting the federal return correct is the most important and with owning two properties, there could be some positive tax benefits.
Olivia Blake
New Landlord - Tenant Refusing Payment Method
1 February 2025 | 21 replies
@Olivia BlakeIs the tenant correct that they would be authorizing you to review credit history?
Dalton Foote
Value Add MultiFamily
13 January 2025 | 21 replies
Finding the correct contact info is hard enough, but if your pitch is that they should sell cheap now, you're misreading the market.Multifamily properties are worth significantly less now than they were just a few years ago, and asking for a further discount due to property condition would probably result in a loss, maybe not even pay off the debt.
Hitanshu Shah
PM has breached contract; legal options for Out of State Investor?
15 January 2025 | 7 replies
Unless you negotiate a new contract or addendum with your PMC, they do NOT have to abide by any requests/demands you make that contradict what's written in the management contract.If they have in fact NOT followed the terms of their contract, then you'll want to send them something in writing pointing out the specific language in their contract that they violated and ask what they plan to do about it.If they fail to correct or address the issues, then you'll want to start looking for a new PMC.
Arron Paulino
Potential Garage ADU
6 January 2025 | 5 replies
Do it right, hire the right people, and make sure you have all of your permits correctly pulled.
Brandon Weis
How to Ensure Tenants Get Renter's Insurance
30 December 2024 | 6 replies
Please correct me if I'm wrong.You can require them to have insurance, but you cannot require them to purchase from a specific policy provider.
Michael Darten
Property management managing multiple properties
4 January 2025 | 18 replies
The second Property Management company I never could understand the payouts and the payments was never correct.