Michael Plaks
EXPLAINED: How to find a CPA focused on real estate
9 January 2025 | 20 replies
We thoroughly regretted it well into the morning hours.Bad news: Most good tax accountants also have lines and a long wait, and for the same reason.
Lina Truong
Please help me get started for mid-term rental investments
15 January 2025 | 18 replies
But the good news is Texas is a great spot for MTRs.
NA Hirsch
Soft Pull Credit Report
13 December 2024 | 3 replies
They provide real-time access to credit reports from major bureaus—Experian, TransUnion, and Equifax—without affecting the consumer's credit score.Setup Process:Application Submission: Complete a formal application through Soft Pull Solutions.Documentation: Provide necessary documents, such as proof of business operations and compliance with legal requirements.Website Review: Undergo a review of your business website to verify services and permissible purposes for pulling credit reports.Onsite Inspection: An inspection of your business premises may be conducted to ensure secure handling of credit information.This process ensures compliance with legal standards and typically takes a few days to complete.
Andy Sabisch
Question on tenant smoking marijuana
8 January 2025 | 9 replies
A report by a neighboring tenant is admissible in court.
Chris Seveney
Home Payments as % of Median Income
2 January 2025 | 12 replies
1) I think it’s “funny” that not one news article I ever read for the last 5 years had headlines like “Housing at historical record lows!
John Friendas
LLC Mortgage Under Partner Instead of Me
12 January 2025 | 22 replies
Quote from @Patrick Roberts: Quote from @Jay Hurst: Quote from @Zach Edelman: If you do a DSCR loan and vest it in an entity - you and your partner can both PG the note and it will report to neither of your credit reports, thus having no impact on your DTI!
Angelo Llamas
Taxes on a property that isn’t yet ins service
14 January 2025 | 4 replies
@Angelo Llamas If your cousin rents out the property, it becomes a rental once it's "placed in service," meaning available for rent, and he must report rental income and expenses on Schedule E.
William Taylor
[Calc Review] Help me analyze this duplex in Michigan - are these numbers correct?
12 January 2025 | 12 replies
Hey Travis, appreciate you for taking the time to look at my report.
Spencer Thomas
[Calc Review] Help me analyze this deal
13 January 2025 | 3 replies
Quote from @Spencer Thomas: Quote from @Dominic Mazzarella: Quote from @Spencer Thomas: View report*This link comes directly from our calculators, based on information input by the member who posted.What do you all think of the deal and how I analyze it?
Chris Kay
How Far Does $50k Go for Rehab?
15 January 2025 | 14 replies
Okay that seems like good news for making a BRRRR work in my market since I was looking to spend something like 45-75 on rehabs for these smaller sized homes.