Tim Miner
NYC based Real Estate Mastermind Group
25 November 2024 | 6 replies
I would love it to be local (rather than virtual).
Jamie Banks
Baselane - Banking Solution for Landlords
25 November 2024 | 36 replies
As others have mentioned, the virtual accounts you can set up for each property was really intriguing to me.
Josh Madigan
Gatlinburg STR Permit - Large 6br pool cabin - Letter from Fire Marshall
10 December 2024 | 17 replies
Do I think the fire dept could have communicated more clearly upfront, maybe, but they did mail out to all registered owners the standards.
Tanya Maslach
How to show the property, for OOS?
25 November 2024 | 11 replies
Plenty of pics and having a virtual tour for potential guest to instill a sense of confidence in the property.
Carlos Manuel
Buying first home / investment property
3 December 2024 | 3 replies
There have been at least 3 studies that show this is true for virtually every large city in the US (you can internet search this).- buy and hold is currently tough in San Diego.
Vivian Huang
Investing in Tulum, Mexico
12 December 2024 | 49 replies
Hey Aaron, any movement with KASA since we communicated how many months back?
Melanie Baldridge
Power of Bonus Dep.
26 November 2024 | 2 replies
Someone I know bought a ranch to use as a short term rental property in 2021 for $1.7 million.Engineers did a virtual site visit, they were able to assign a value of $347,000 to either 5-7-15 year assets that were eligible for depreciation.In 2021, the bonus depreciation amount that you could take was 100%.This means that the owner could immediately deduct the full amount of eligible property in the year it was placed in service, rather than depreciating it over time.With that in mind, he took the full $347K deduction in his FIRST YEAR of ownership to offset taxable income from rentals.This was roughly ~20% of his purchase price.It was a big win for him.In 2024, the bonus depreciation rate is 60% so the calculation would be different.That said, you can still save and defer a ton.
Scott Trench
Syndicator Threatens LPs for Negative Comment about them On BP
26 November 2024 | 86 replies
We have two people who part of their job is to communicate with our investors.
Kevin Savelsburg
Who is Robert Mincey and Operation Tango Yankee Inc.
1 December 2024 | 7 replies
He threatened me if I'm not paying him he gonna put lien on my property, I've never encounter these thing in my whole life...He seems very cold blood and likes to take his client to court or put lien on the property, looks like he had done these stuff many times in his career...I just don't suggest you to work with him for the below reasons:1.He is never willing to communicate about the project progress and he just notify you that you have to pay for next-phase otherwise he will STOP the work and take all the stuff out2.He will never take responsibility on warranty or the stuff he had done, if you ask, that is all your fault, and you have to pay your own bills3.Finally if nothing of these lightly threaten works, he will say: "I will give you 3 days, if you don't pay me, I will put lien on your property, I will take you to the court"I never done business into this situation in my whole life, but it looks like that's how Robert Mincey makes money and if you work with him, you will probably end up like me with tons of sleepless nights...If there are any chance, in the future I will post my whole experience while working with him.Hope this helps!
Patrick Shep
HELOC- solo vs with spouse on loan
29 November 2024 | 6 replies
It's advisable for both spouses to communicate openly about such financial decisions and consider consulting with a legal or financial professional for tailored advice.