Davion Smith
Starting out in Multifamily property investing
1 October 2024 | 13 replies
It requires a higher down payment and remote management, which can be harder without a strong team.House hacking with a VA loan is better for hands-on management; DSCR is great if you're ready to start from a distance.From a tax perspective, if you intend to qualify as REPS or have material participation in STR, being overseas will prevent that.
Kerry Noble Jr
Anyone sell tradelines?
4 October 2024 | 29 replies
How do you prevent them from running up crazy purchases?
Costin I.
Cost Segregation - Partial Disposition and offsetting insurance proceeds
1 October 2024 | 15 replies
So, my question is using "involuntary conversion provisions" prevents you from doing partial disposition, recognizing a loss for remaining depreciation on the old roof, and depreciating the new roof?
Rong Liu
Anybody uses OneRent Property Management (bay area)
7 October 2024 | 35 replies
(Perhaps starting out with a little contrition and modesty would help prevent the zuckerberg effect.)Trying to automate property management via a start up/app/web/tech approach is laughable.
James Khail
Best place to invest for a California resident?
7 October 2024 | 34 replies
And most of the damages a guest will do can be covered by these str booking sites insurance.Your budget will prevent you from buying homes in some of these big cities or vacatation areas with tons of str's.
Sanjeev Advani
New California Law Requires Photo Documentation for Security Deposit Deductions
30 September 2024 | 6 replies
Originally drafted to prevent landlords from using security deposits for cleaning or repairs, the bill was amended after opposition from the California Apartment Association (CAA).Landlords will now need to photograph rental units before tenants move in, at the end of the lease, and after repairs or cleaning.
Michael Plaks
EXPLAINED: "Real" cost segregation vs. DIY cost segregation
30 September 2024 | 9 replies
There is no way to prevent an IRS audit from happening, despite the hyped-up claims of some tax firms.
Mona V.
Tenant mvoing out before lease ends
29 September 2024 | 7 replies
.: She is trying to hold you hostage, hoping you will let her go without penalty.I would give her a written notice that she is responsible for rent until a new tenant takes over or her lease ends, and she must maintain the home and prevent any damage.
Natalie Johnstone
Delaware LLC / Cali purchase
30 September 2024 | 8 replies
@Natalie JohnstoneA Delaware LLC won't prevent a lawsuit in California.
Katie Miller
Zillow Requires A Valid Listing Agreement
3 October 2024 | 23 replies
In my local MLS (Mid Carolina Region MLS), wholesaling has left a bad taste in buyer/sellers minds, so the MLS is creating rules to basically prevent wholesaling.