Kevin Anderson
Vendors to help exit a timeshare
30 December 2024 | 0 replies
Please forward the contact information for any vendors with which you have experience or knowledge who can help exit a low-usage time share.
Katie Miller
If you use a CPA or Tax Professional, how did you find him or her?
19 January 2025 | 119 replies
Quote from @Aaron Zimmerman: Quote from @Bonnie Low: My current CPA came via recommendation from another investor.
Chris Mahoo
Long term rental when you are not full time real estate professional
22 January 2025 | 10 replies
@Chris Mahoo many new investors don't take the time to properly understand RE investing.1) Many are using approaches from 2010-2018 when Class A property prices were so low from the Great RE Crash that an investor could cashflow and get pretty easy Class A tenants to manage.2) If you look at what investors were doing before 2008-2010, most were buying Class B & C rentals.To make it worth while, an investor either needs to Fix & Flip or invest & hold rentals for 10+ years.- Over a 10 year period cashflow will increase as rents increase (rents typically rise faster than property taxes, insurance, etc.)- The property should be appreciating, if purchased in a good location, increasing the owner's equity/wealth.- Rents will be paying the mortgage off, increasing the owner's equity/wealth.- If you hold a rental until death, you can pass it on with a stepped-up cost basis, limiting captial gains if then sold (limited by inheritance tax limitations).Too many newbies on this site trying to replace their day job income via "passive" real estate investing w/o digging deep enough to understand how it really works.
Robert Zajac
Managing my manager - how to best approach maintenance requests
21 January 2025 | 10 replies
That's not worth 15% of the job.Another thing to consider is that some managers will charge low management fees and then add maintenance fees to bring in more income, while others charge high, all-inclusive management fees.
Anshuman Thakur
Nevada multi-family investing thoughts?
2 January 2025 | 3 replies
@Anshuman ThakurThere are some very good advantages to investing in Nevada, low property taxes, no income tax, and landlord friendly.
Sebastien Tinsley
Looking to begin my journey into REI
13 January 2025 | 45 replies
@Geovanni Cano sellers don't like FHA, it is meant for people with little money and very low credit score, plus you have an FHA inspection which can derail a deal a week before closing, nothing the buyer can do.
Adam DeShone
Northern Indiana Investor/Property Manager
3 January 2025 | 3 replies
I know the area like the back of my hand and believe Indiana has tons of upside to invest in.I came from a low-middle-class family of teachers.
Djopgang Lowe Elvis
new member from maryland
31 December 2024 | 2 replies
Quote from @DJOPGANG LOWE ELVIS: Hello – My name is Elvis .
Kerry Hermann
New to the Northern Alabama market
20 January 2025 | 12 replies
Rents are generally low there as well, but definitely stable.
Patricia Smith
Any Recommendations property management comp. in Cincinnati, OH?
2 January 2025 | 13 replies
Where trust is low, though, things are slower or more expensive or both.- Understand that you can have never more than 2/3 of the following: Fast, Good, and Cheap.