Marjorie Patton
RE Investor DTI ruining ability to get/use credit
7 November 2024 | 12 replies
Sounds silly, but you didn't have your credit report locked when you applied for the card right?
Gio Kattan
How to perform rehab w/o permits on a sub-to deal: will I pass city inspection?
7 November 2024 | 8 replies
Getting four creative deals locked down is awesome, but it seems you don't really know what's going to happen next.
Maxwell Servais
Seller Mis-Represented Lease Terms - Help Needed
6 November 2024 | 8 replies
Just adding to the dog pile, but getting M2M leases on an occupied quad instead of long term lock ins is a huge win.
Hannah Tate
Anyone Invested Internationally? Mexico?
10 November 2024 | 19 replies
Otherwise, if you prefer not to go through that process, you'll be hit with a 25% tax on your rental income, which can eat into your profits.I also recommend investing in a couple of cameras and a good smart lock for security and monitoring.
Phil Wrigley
Guesty / hostaway / hospitable?? Help!
8 November 2024 | 47 replies
For example, if someone has 3 listings, they'll be paying around $50 each but if someone comes on with 50 they may be paying like $25 (these are not concrete numbers) they also have add ons like dynamic pricing and smart locks which are additional.
Michael Baum
Fed cuts rates by .5%
9 November 2024 | 87 replies
Way more.And there are also more people locked in with rates in the 3's or low 4's, that may never sell their house because they can't part with that financing.
William HooFatt
Evicting Tenant in Alexandria VA - Should I get an attorney?
5 November 2024 | 22 replies
They called me back and told me they had corrected the error and would serve another notice to the Tenant within 72 hours of the eviction (Sat morning) and it would sstill go thru at the assigned date of Tuesday.Tuesday morning 30 minutes before the eviction, I was driving to the unit as the Sheriff had instructed me to bring a locksmith the break the lock - in case the tenant had changed them, then change the lock as soon as the Deputies had cleared the unit of people.
Dan Ashley
Brooklyn, NY – am I crazy to start here?
9 November 2024 | 23 replies
I feel like NY has the appreciation factor locked down.
Julio Gonzalez
When to Capitalize vs Expense
5 November 2024 | 0 replies
You can deduct the cost of labor and parts to maintain or repair your business assets, as long as the expense doesn’t prolong the useful life of the asset or increase the value of the asset.Tangible Property Repair Expenses That Are Deductible:Replacement of LightingRoof repairsResurfaced external or interior floorsResurfaced parking lotsInterior or exterior paintingReplacement of doors and windowsRekey locks
Jon Pflueger
Advice on NYC rental markets in Queens, Brooklyn, Long Island
12 November 2024 | 17 replies
When you drop into the forum, your goal is to get them to contact you and use your system because you can't honestly be saying that a new wholesaler can go into the Bronx and just start locking up properties and finding buyers.