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1 November 2024 | 18 replies
In short, getting the place restored was akin to remediating damage from a natural disaster.In the trash and belongings abandoned by the tenant, he also left the OM for his healthcare real estate endeavor, nasty-grams from the IRS about his personal taxes, and collections letters from several creditors after him.I got burned here and so did my property manager.
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1 November 2024 | 4 replies
It feels more natural and definitely eases the awkwardness that can come with the “salesy” approach.
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1 November 2024 | 22 replies
Any damages a tenant must pay for, unless its an act of nature or tree roots.
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2 November 2024 | 22 replies
There are some partnerships that are designed by nature to be short term, so there’s not as much to lose if things don’t turn out rosy.
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30 October 2024 | 15 replies
Investing by nature implies there is a risk of loss like this.
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31 October 2024 | 17 replies
The reason is, the original farm house + 5 acres in the 60’s was occupied by a group of 5 families that were into some strange kind of “natural living “ they only ate a few kinds of fruits and seeds.
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29 October 2024 | 33 replies
As you have experienced this is the nature of these transactions.
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29 October 2024 | 12 replies
Answer: No, buying an STR doesn't change the nature of historical passive losses on other LTRs you own and carried forward from prior tax years
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25 October 2024 | 2 replies
Sources for insurance and property taxes: Insurance - ValuePenguin, State Property Tax Rates - Rocket Mortgage.Low risk of natural disaster: Natural disasters can devastate your property and the surrounding community, leading to job losses and the closure of shops and businesses.
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26 October 2024 | 25 replies
Most fake this, but you are genuine.My response to you is then this.First, be careful, because human nature is a treacherous one.