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4 January 2025 | 5 replies
You aren't the insured in this case.Renters insurance does not cover the physical damage of the real property - it covers the tenants personal property and other things.
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31 January 2025 | 29 replies
The interest only payments aren’t getting any cheaper.
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8 January 2025 | 11 replies
You’ll want to invest in areas that have tenant interest but also aren't on the extreme end of neighborhood quality—this means avoiding the very toughest spots, where turnover can be high and managing tenants can be difficult.
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4 January 2025 | 11 replies
But the rental too does have to meet the "active conduct of a trade or business" threshold, which does mean you wouldn't qualify to use section 179 if you have a rental that is managed entirely by someone else and you aren't at least overseeing it and making decisions about the management of it.I mostly disagree with the reply suggesting that you need to have an LLC to take the section 179 deduction.
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11 January 2025 | 19 replies
They aren't sophisticated investors.
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30 December 2024 | 11 replies
Thank you in advance for any help One thing I've seen with policies through NREIG is that investors have basic perils/actual cash value coverage only and aren't aware.
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30 December 2024 | 14 replies
A little update with the bank, they are now telling me that they aren't even going to consider a settlement or a short sale unless the past due 14 contractual payments (around 8-10k) are paid.
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30 December 2024 | 8 replies
If I don’t hear from you in the next 10 minutes, I will assume you aren’t attending and I will move on to my next appointment.Using this system as dramatically reduced any wasted time I used to endure as part of the showing process as well as giving me data about their timeliness/responsiveness/respect for others' time.I often schedule several viewings at a time, 15 minutes apart.
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29 January 2025 | 47 replies
Caveat is that you should be reinvesting those profits back into other smart investments so that you aren't missing out on compounding gains.
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4 January 2025 | 14 replies
Assuming that they aren't simply lucky in market timing, excessive in leverage, or excessively risky, why do you think that some companies and leaders ARE able to duplicate the ROI driving expertise and/or improve personal-business productivity in a way that allows scalability?