Brendan Jones
First property advice
9 January 2025 | 9 replies
We did not know if our proximity to Nashville would be more important because of the fact that we would be doing a short-term rental with the property for half of the year and then using the property exclusively as a rental in a few years?
Bob Asad
How do you prevent co-mingling of funds?
7 January 2025 | 24 replies
However, it is perfectly acceptable to combine all tenants’ security deposits into a single account.
Kyle Carter
Can I use the 1031 exchange to buy my primary residence?
15 January 2025 | 5 replies
Even then, the IRS may scrutinize the transaction if it appears the intent was to immediately convert the property into a personal residence.Additionally, if you eventually sell the property after converting it to a primary residence, you may qualify for partial benefits under the Section 121 exclusion for primary residence gains.
Caleb Rehg
Renting to College Students
12 January 2025 | 23 replies
New occupants will be coming soon, but in a 3 family, i have set of excellent student tenants that renewed.That said, many landlord insurance policies have exclusions for students, so I am trying to gather info on updating a policy to consider the fact that the building is only going to be 33% student occupied.
Marquez Cadet
Repair Costs Using Home Warranties
30 December 2024 | 3 replies
Warranties often have limitations, like they might not cover pre-existing issues, and there could be delays if they require you to use their contractors.I'm not sure if you've purchased a warranty already, but before purchasing a warranty, it’s a good idea to carefully read the fine print to see what’s covered and if there are any exclusions.
Clarissa Zimmermann
Forms of rent payment
14 January 2025 | 2 replies
We currently accept rent from tenants using a variety of 3rd party apps-Cashapp, Venmo, Zelle but are moving away from accepting payments in our individual names and want to start accepting payments directly to the LLC/business accounts, but LLC accounts do not accept Zelle and there is a fee for using business accounts on Venmo.
Celine Besson
Managing a renovation from afar
14 January 2025 | 6 replies
Hi, @Celine BessonI work exclusively to help my out of state investor clients find great deals in the Memphis real estate market.
Tal Tamir
Most Up-to-Date Graded Map of Cleveland!
29 December 2024 | 12 replies
I work almost exclusively with investors and a lot of times, out-of-state investors.
Bob Avery
Understanding BP Lease Fields
9 January 2025 | 3 replies
Again, if there is a form of payment you do not accept, then I would line through it.All the forms can be edited.
Sejin Kim
Buying a condo with special assessment
9 January 2025 | 4 replies
You could agree with the Seller that you will accept up to $10,000 in the special assessment and the seller covers the remainder.