Mak K.
Roofing- 5 properties- How to negotiate with roofers
17 August 2024 | 8 replies
"I like your proposal but I have a question, I have 4 other properties to do as well.
Hugh Horner
Rental property investing Hudson Valley, Newbie !
16 August 2024 | 23 replies
Do you think a similar regulation is being proposed in Catskills and nearby towns?
Pat Quaranto
At what point is it appropriate to start looking for help to JV a wholesale deal?
16 August 2024 | 4 replies
The contract deposit is negotiable and is usually 5-10% of the proposed purchase price.The most important thing here is that the deal makes sense AND the owner is willing to go into contract with you.
Jeff G.
Proposed Rent Increase Limit of 5%/Yr Nationally?!
12 August 2024 | 39 replies
The proposal is to reduce tax breaks when rent is raised by more than 5%.
Mateo Monsalve
Where to invest outside the US?
16 August 2024 | 10 replies
People have all kinds of proposed work arounds, but that's good until it is time to sell or the government decides to crack down and they do now and then.
Maham Javed
Co-Hosting for PMC
14 August 2024 | 1 reply
To facilitate an informed decision regarding my suitability for the role, I would like to propose starting with a trial period which would allow you to evaluate my performance and see firsthand how effectively I manage properties remotely.Thank You.
Jorge Lee
Questions about Land purchase and Development
15 August 2024 | 4 replies
My advise is to start with single family or a small multi-family ground up project first but this market environment is truthfully not the time to be completing any ground up projects unless you are self performing the construction which it doesn't appear you are in a position to do.There was a recent Philadelphia forum chain started by someone else who was contemplating ground up in a similar fashion to what you are proposing and I cautioned they would be better off buying something that was newly built and believe after conducting their own diligence realized it was too cost prohibitive at this time to build with 3rd party GC's in Philadelphia when also accounting for the interest rate environment and cost to build.
Carolyn Yates
STR in East Boston
13 August 2024 | 15 replies
Having seen earlier proposals for Boston ordinances it seems a pretty reasonable compromise proposal to allow residents to offset Boston’s sky high prices by renting out all or part of their homes, while preventing non-local investors from further removing already limited housing supply (the ultimate fear of all housing departments).
Zehua Zhou
How to handle the tax forms from the property manager and the bank?
16 August 2024 | 23 replies
Quote from @Michael Smythe: @Zehua Zhou usually, your 401k will lend funds to your LLC.In that case, you would give a PMC the LLC EIN.You really should get advice from a tax professional.Michael, what you are proposing is a "prohibited transaction" defined by the IRS. 401k would be prohibited from lending funds to the account owner's LLC.
Kwame Locks
New and willing to work
14 August 2024 | 10 replies
Then, find the 2-4 people you resonate with the most and make them specific proposals.