Jack B.
What are the risks of DSCR loans?
19 January 2025 | 9 replies
It may trigger if you are paying down the balance aggressively during the prepayment penalty period.
Sergey Shevchov
Air AI - cold calling system
29 December 2024 | 4 replies
I had a call with Simpletalk a few months ago and seemed pretty interesting but haven't pulled the trigger yet as it is costly.I know services do white labels and people brand it into their own AI call services, which mean a lot of these AI calls may actually be the same service...How much does Air AI cost?
David Switzer
Question about ADA (no one seems to be doing it?)
14 January 2025 | 5 replies
Its typically triggered by a third party, so until someone wants to complain, there is no ADA compliance police wandering around giving citations.
Katherine Lewis
Success w/Marketing to Special Occasion Groups?
13 January 2025 | 5 replies
This tax change could trigger even with offering contacts for those services as it could be construed as contractors.
Phillip Austin
Nightmare Tenant - This is why you need a property manager!
24 December 2024 | 7 replies
We as tenants had to acquire a shop vac and clean it ourselves, including dragging rugs full of filth and animal hair to the dumpsters.
Ilina Shrestha
First time investor- lost & confused
17 January 2025 | 5 replies
You can later transfer the property to the LLC, but be aware it might trigger due-on-sale clauses or additional costs.
Taylor McClure
I’ve heard of buying pre-foreclosures, anyone have experience?
15 January 2025 | 8 replies
Not only that most of ours we saved within 1 to 3 days of the sale so it was hair on fire getting the reinstatement back to the trustee.. total risk on our part.. give the seller some money we always did.. and then record the deed WE did our own deeds in house.. buy without title insurance etc etc.
Nicholas Dillon
Taking additional cash from a 1031 exhange
7 January 2025 | 3 replies
The boot amount is taxed as capital gains and may also trigger depreciation recapture.For example, if you sell a property for $500,000 with a $300,000 basis, resulting in $200,000 of gain, but reinvest only $400,000, the remaining $100,000 is taxable.
Ananth Subramanian
Post eviction: Collecting Judgment amount
16 January 2025 | 8 replies
Usually this triggers eviction.
Jason B.
Suburban Chicago: One of the Hottest Rental Markets in the U.S.!
15 January 2025 | 10 replies
With regard to renovations, I always suggest taking incremental steps to bigger renovations or partnering with someone who has already done a renovation at that level.I've been known to just go for the big rehabs for my personal investments here in Chicago , and during that process, it's always more stressful than it needs to be...As far as navigating the competition, I've found the best thing I can do is get EXTREMELY CLEAR on what I am looking for; then I am confident pulling the trigger quicky.