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Results (10,000+)
Tj Collins Do 1031 Exchange regulations vary by state, or is it federal legislation?
16 December 2024 | 6 replies
In a few of the states there is either a form. you must sign or an application that your escrow closer must file in order to exempt from any state taxes or withholdings that might normally be collected at sale . 
Mackay Oakey What are your Real Estate Investing goals in 2025?
27 December 2024 | 22 replies
I feel like it would be great to trust a property management company on all of this, but it would be hard not to step in if you could do a better job at screening bad tenants (eg screening HUGE future problems).I initially managed properties myself, but now I delegate that responsibility to my business partner, personal assistant, or a property manager at my brokerage.Most PMs I know will send you an applicant for final approval and you can get on the phone with them and ask them questions
April Smalls Should I Refi?
18 December 2024 | 12 replies
Here are my thoughts about your decision to refinance.Process:Understand your current loan terms.Check your credit score.Compare offers from different lenders.Get your property appraised.Submit your application and go through closing.Considerations:Current interest rates vs. your existing rate.Amount of equity built in one year.Closing costs and fees.Your long-term financial goals.It's a complex decision, so consulting a financial advisor or mortgage specialist might be helpful.
Gregory Schwartz Project Management Software
17 December 2024 | 11 replies
Then I take notes and move the Meeting forward in my calendar as needed.EXAMPLE:Name: Bob Smith Phone: xxxxxxxxxx Email: xxxx@xxx2022-04-12: rcvd employment application, sent to HR for background check2022-04-10: Initial phone interview, moving forward with questionnaire2022-04-08: Received resumeSo, what do you need besides this to better organize you
Julio Gonzalez Cost Segregation Reclassification Percentages
11 December 2024 | 2 replies
Some examples of properties with high asset reclassification include medical clinics and hospitals with technical machinery and labs, grocery stores with machinery, shopping centers with rainwater drainage systems and large parking areas, industrial manufacturing facilities with advanced equipment, apartment buildings in suburban areas with swimming pools, golf courses, tennis courts and large parking areas for tenants.Here’s a list of the average amount of assets that can be reclassified into shorter asset life classes based upon the type of property.
Michael Plaks EXPLAINED: should I trust all those "End-of-Year Tax Saving Tips"?
24 December 2024 | 6 replies
Your accountant will do it for you at tax time if applicable
Rance Smith Crazy Chicago real estate Journey
12 December 2024 | 19 replies
It's a simple way to gauge the condition of the building's main sewer line.Unfortunately fraudulent rental applications are more common than one would think so good on you for catching that.
Mary Jay Cash flow is a myth? Property does not cash flow till its paid off?
3 February 2025 | 79 replies
This is most applicable for growth of a portfolio, not avoiding cap-x. 
Jacob Kurian Newbie FHA Loan
16 December 2024 | 5 replies
Also, any underwriter is going to heavily scrutinize a new primary residence loan application if they see that you recently (under 1 year) bought a primary residence in the same general area and have already converted it to a rental. 
Eric Chappell Has anyone use Rental Hero for bookkeeping?
16 December 2024 | 35 replies
I want simple - quick picture as soon as I leave the store, so I don't have to track expenses.