Sol Bergren
vinyl plank flooring is separating
2 November 2024 | 64 replies
Then in my bigger unit I decided to use the $1.98 a sqft LVP and I have had nothing but problems. thought if I spent a little more and got the water proof stuff it would be better.
Greg O'Brien
Clearing Up Confusion on Tax Treatment of Short Term Rentals
1 November 2024 | 48 replies
For example, you can show the services you performed and the approximate number of hours spent by using an appointment book, calendar, or narrative summary.Doesn’t even need to be contemporaneous logs.
Oladimeji Sonibare
Is Running Ads to a Preforeclosure list Illegal?
26 October 2024 | 25 replies
Deeper discountsMaybe I’m wrong but worst case scenario is that I spent money, learned a lesson and helped some people out.
Tom Brooks
Have come across Justin Wilmot Lead Partner University - can't find any reviews...
27 October 2024 | 24 replies
I had spent time working on these and getting buyers for them (because they didn't show as "sold" on the MLS when I first started working on them) so I essentially wasted my time on stale deals.
Account Closed
What Is the 70% Rule in House Flipping?
21 October 2024 | 4 replies
Expenses that don’t go up as fast take less of a bite as the ARV increases, leaving more room to (slightly) increase the purchase price plus rehab limit to 75% of ARV.We use this rule of thumb for screening, but always create a spreadsheet to estimate all expenses and run a P&L in detail for comparison.
Jorge Esteban Vargas
Everything Has Gone Wrong - Should we cut losses?
25 October 2024 | 14 replies
Additionally, we asked the new contractor for the $17,500 back since he wasn't able to complete any of the project after the demolition and the roof and he declined to give it to us because he said he'd already spent the money.
Zachary Hadjah
Any investors using Lease options/Rent to own agreements?
26 October 2024 | 4 replies
That means a lot more time and money will be spent by the owner doing an ejectment rather than a simple eviction.Seek professional legal advice before moving forward with any of the above.Hope this helps.
Ryan Cleary
$4,500 for 5 Zillow Leads....
28 October 2024 | 23 replies
There’s been many times I have spent way more than $4500 without finding a deal.
Melanie Baldridge
Which jobs have the potential to qualify me as a Real Estate Professional?
23 October 2024 | 6 replies
Exclusions.Certain work, such as time spent as an investor reviewing financial statements or participating in management decisions without active involvement, may not count towards the 750-hour requirement.As always, talk to your CPA to make sure that you meet the criteria above.If you do, there are many helpful benefits to you.
Juan Cristales
Long Time Listener, First Time Caller?!
24 October 2024 | 8 replies
I spent $15,758 in soft costs and $38,572 for slab, plumbing ground and inspections up to that point.