Scott Trench
REPS And Active Losses and Gains
16 November 2024 | 21 replies
@Scott Trench REPS cannot automatically use the LP interest to offset their income.
Conrad Tillman
What Are the Real, Day-to-Day Challenges Contractors Face in Home Construction?
12 November 2024 | 4 replies
I'm curious if these new tech can somehow help me streamline certain tasks or reduce dependency on scarce trades in your experience.Appreciate any additional thoughts I looked at 3d printing those machines are 800k plus.. and if you watch the video you need very large lots as you have to bring in truck loads of sand etc.. so thats not really going to work in an urban environment like Charleston SC were I have built 35 plus homes in the downtown core on lots that are from 12' wide to max of about 30' and roadways that are only 20' wide and have houses and cars on every lot expect the infill..
Paul Sanders
HOA CC&R's written in 1998 now being used to prevent STR's, what to do?
11 November 2024 | 7 replies
However, short-term rentals where the owner is not providing meals may not fall under this definition.Legal Precedents: Various court cases have established that renting out a home for short periods does not automatically convert it to a commercial use, especially if the property is still being used primarily for residential purposes.HOA Enforcement: If the HOA decides to enforce this clause against short-term rentals, it may need to clarify its stance and possibly amend the CC&Rs to explicitly include or exclude short-term rentals to avoid confusion.In summary, while the CC&Rs may suggest restrictions, the interpretation can vary based on legal precedents and the specific wording of the documents.
Paul Clements
What are the basic mechanics of township notification of sale in NJ?
6 November 2024 | 1 reply
Let's assume there is no CO obtained immediately after the sale (will do later after repairs are done), and no township or local-level inspections requested.Is the township automatically notified by the county of the sale or is there some mechanism by which they would learn about the sale and update their records, other than by the buyer telling them about it, or applying for a CO?
Brian Quo
How bad is it to start off not cash flowing on 1st rental that is new construction?
20 November 2024 | 37 replies
I don't like brand new properties, since the first few years depreciation can be steep, similar to a new car.
Clinton Bolton
Kris Krohn partnership
14 November 2024 | 24 replies
Good luck. haha i would run away from anyone self-proclaiming as "financial expert" with the expectation to "meet the guru / mentor/coach / master of all business" in his/her personal residence lol I have not google him yet but I bet he is taking picture in front of luxury house and driving sports car ?
Stuart Udis
Structuring your entities for anonymity is NOT asset protection
21 November 2024 | 39 replies
* your real estate being sued getting to your other assets (tenant falls and sues for all of your properties which had been your retirement plan)** you getting sued and it affecting your real estate (car accident where you hurt or killed someone)
Yolanda Chancellor
Seller Finance Deal I need opinions on 55+ community
9 November 2024 | 2 replies
Also mobile home trailers have very low appreciation because they are consdered more like a car.
Annabelle A.
Payment through BITCOIN
8 November 2024 | 17 replies
I also take pesos, gold, silver, cars, motorcycles, trade houses, airplanes, stocks, bonds.... etc... to piece a deal together and get paid!
Kevin Orellana
Is it worth making this property a rental or to just sell?
8 November 2024 | 5 replies
In 2020 I bought my first house 3 bedroom 1 bathroom and a 2 car detached garage for $175,000 and put a 10k downpayment on it and interest rate was 3.5%, in 2023 I decided to rent it out for $1350 mortage was $1106.62, in 2024 we raised the rent to $1450 and our mortage currently is $1144.76- I never put into account repair expenses, Capex, vacency until I read on rental investment properies book.