Marcus Welson
1031 exchange identification deadline extension
9 December 2024 | 2 replies
Based on these assumptions and the IRS notice's text that "The IRS also gives affected taxpayers until May 1, 2025, to perform other time-sensitive actions described in Treas.
Joel Oh
Focus on one platform
2 January 2025 | 50 replies
All my units beat average occupancy without discounting rates, but the mission beach units are not performing like they were shortly before covid.
Vicky H.
Silicon valley struggle is real 😂 Buy primary or continue to rent?
12 December 2024 | 9 replies
If you and your husband can perform the same line of work in another state like Florida, Texas, Nevada I would move out of CA as soon as possible.
Kevin Zmick
Having Trouble Renting Unit in First Property
19 December 2024 | 22 replies
If your realtor is listing it for free and not helping, that's not much help since leaving you to screen tenants and run through leads is like asking you to perform knee surgery, you don't know what you are doing.All rental listings should get bombarded on Zillow Rental Manager and HotPads, etc in the first week so if you have limited activity, your price is either too high or the photos are bad and the copy about the place is bad.Use something like RentSpree from screening.
John Underwood
Why an LLC may not protect you from a Lawsuit
19 December 2024 | 50 replies
Ironically its the investors in the layered LLC's who believe they are hidden in the cloaks of secrecy and better protected who end up in the most costly and drawn out litigation while giving the plaintiff attorneys reason to take a more thorough look under the hood.Keep your LLC ownership simple, carry appropriate insurance, make sure ever vendor you work with carries appropriate insurance and those who perform work functions most likely to lead to liability exposure list you ad additional insured (not merely certificate holder) and it should go without saying, avoid negligent conduct.
Chris Seveney
Note Investing: Like Watching a Jerry Springer Episode Unfold
7 December 2024 | 18 replies
Note investing can be divided into performing vs non performing.
Elizabeth Ross
Buying to Rent in Indiana - worth it?
10 December 2024 | 7 replies
STR's can perform even better as you know but its all about location and timing.
Amit B.
Leak from bathroom upstairs, tenant denies overflowing tub
10 December 2024 | 2 replies
In response, I had a plumber and a water restoration company come to assess the situation.The restoration company cut into the drywall, and the plumber thoroughly inspected all the pipes, performed a leak test, and conducted a pressure test.
David Martoyan
Making BRRRR truly work in 2024
17 December 2024 | 16 replies
I will answer as it relates to traditional BRRRR, in the general case there are additional options. 1) Do not perform maximum cash extract.