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Results (6,811+)
Account Closed Filing an extension DOES NOT mean you dont owe money until then!
6 March 2024 | 0 replies
This includes individuals affected by disasters, those living overseas (including military personnel), and eligible support personnel serving in combat zones.In conclusion, while filing for an extension can provide breathing room for completing your tax return, it's crucial to remember that it doesn't grant an extension for making payments.
Engelo Rumora WTF is wrong with investors these days?
9 March 2024 | 261 replies
Unfortunately we turn down many investors that come to us for various reasons.One of the big reasons is that if someone doesn't know what they want, I'm not the one to tell them what they should want.If I used such conversion tactics (Which I could easily do), would smell disaster long term IMO just like it did for many other overnight turnkey scammers promising 15%+ cap rates.It's not all about money/profit for us and it's also not all about baby-sitting incompetence either.We have enough "free" online marketing content where a half sophisticated investor can easily come to a conclusion about all of our offerings.Many try to side step the obvious and want more for themselves.Building a relationship in business but in life also shouldn't be about "take, take, take" or "me, me, me".It should be "give and receive"I bet that many folks can provide or offer some value in return from experience they gained from a W2 or in another way.Guess how many have offered something of value over my last 12 years of investing?
James Carlson Hot take: Personal booking websites for your STR are overrated
7 March 2024 | 82 replies
They really showed where their loyalty lies -- with guests.But I'm also hesitant to draw broad conclusions from mistakes made in the early days of a once-in-a-century global pandemic. 
Emily Anderson Full STR analysis in Okaloosa Island, Florida, WITHOUT using AirDNA.
4 March 2024 | 18 replies
Even PriceLabs specifically indicates that they are not able to capture data from direct bookings from vacation rental company websites.5) There are a lot of "pundits" currently proliferating various analyses based on a small window of data fluctuation: those who got into the business in 2020 and are now drawing various conclusions based on a very short time span.
Eran Withana Finding a CPA for REI
29 February 2024 | 24 replies
Many of the tax professionals on this forum are not "cheap" but can make a good fee for fixing situations where investors relied on poor advice from cheap advisors.My conclusion is to interview a few and go with a professional that you feel comfortable with no only their fee, but also their personality, their experience, their reputation, and their willingness to not only advise you as you start your journey but provide education and planning for what type of investor you want to be. 
Jeremy Porter Understanding the Timeline: How Long Does an Eviction Process Typically Take?
29 February 2024 | 2 replies
It's essential to seek legal guidance and follow all relevant laws and regulations to ensure a fair and lawful eviction process.In conclusion, understanding the eviction process timeline is crucial for both landlords and tenants.
Gordon Middleton Insurance coverage of improvements with unlicensed team
29 February 2024 | 10 replies
I just wouldn't cover an unlicensed welder. the guy who you are covering for is the problem. or have him get insurance you can get one time policies. it just sounds complicated I'd pass on deals like this to make a few bucks not worth it I'm slowing coming to the same conclusion.
Danielle Tran Recommend LLC or Keep Under Living Trust
29 February 2024 | 9 replies
As a layman, I just see so much alledged co-mingling and alter-ego use...Without disagreeing with your analysis (no question there is a cost to forming and properly maintaining an LLC), I still arrive at a different conclusion.  
Tania Kenner $12,000 to Replace a Sewer Line... too expensive?
26 February 2024 | 12 replies
It over time became soggy and collapsed.
Nathan Riese auction.com earnest money
26 February 2024 | 5 replies
So the conclusion is that I'd definitely recommend using auction.com again to buy more rental properties, or possibly to flip.