Allende Hernandez
Do you run screening in all the potential tenants?
22 January 2025 | 16 replies
Screening everyone over 18 helps reduce the risk of costly evictions and ensures you’re fully informed about who will be living in your property.Additionally, be mindful of the number of occupants and how it might impact your property.
Shane Smith
Opinions on franchises
25 January 2025 | 8 replies
The costs are not trivial, but they are less than you would pay for a nice used truck.One of the main reasons I am considering this route is the leads that are provided.
Kin Lay
How to transfer my share of the house to my brother?
14 January 2025 | 5 replies
Additionally, your brother would inherit your cost basis in the property, which could result in significant capital gains tax if he sells the property later.
Henry Clark
Self Storage- Will they come? Market size?
1 February 2025 | 22 replies
Sometimes you can get the school district population.Right now the cost to build is to high for C markets.
Jeff Puciato
Buying Multi Family 4-12 Unit
29 January 2025 | 3 replies
Do you have a total price range you're looking for, or maybe a cost/door?
Evan C.
So is this how substitution of collateral (substitution of security) works?
2 February 2025 | 3 replies
If you sold after one year, you would net $46,400 (assuming closing costs/commissions are $15,000).
Yaroslav Shtogun
Lot split with house on the line
20 January 2025 | 16 replies
However, after receiving the survey results, I discovered that the house is located less than 1 foot over the sublot line (see attached image).Here are the options I’m considering:Rent the current house for market value (~$1,500–1,600/month) and convert the detached garage into an ADU to rent for ~$1,000/month.Relocate the house to split the lot, then sell the newly created lot (~$100,000) while renting out the existing house.Relocate the house to split the lot and build a new home on the second lot.Demolish the current house and garage, split the lot, and build two new homes.At this time, I am uncertain about the cost of relocating the house.Questions for the community:Has anyone faced a similar situation?
Ana Maria
Anyone ever bought an investment property through SDIRA Wealth?
27 January 2025 | 35 replies
They are even working on getting me the evicted tenant's security deposit, the missing JANUARY rent since the place is still empty, and covering the cost of my own manager re-listing the property.
Daniel Madhavapallil
House Hacking and Tax Strategies
23 January 2025 | 11 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.
Matt Miller
What Systems Are Brokers Using to Run Their Business? (CRM, LOS, Marketing, etc.)
20 January 2025 | 7 replies
I am curious to learn from others as well :) I looked at GHL for my CRM but felt like it was full of features I'd probably never use and the cost was considerably more than what I ended up using: Monday.com.