Christian Gibbs
What is the typical fee charged by property manager while rental is vacant?
25 November 2024 | 19 replies
So far we've spent $1850 on two different exterminators combined but at least the house can begin to get worked on.I am used to working at a faster pace and hiring contractors to get things done.
Melissa Faraias
Using the company TheGuarantors for my new rental - Advice needed
19 November 2024 | 2 replies
Their combined monthly income is 3X my rental amount but the man's income is in cash (he is a car mechanic).
Julio Gonzalez
Real Estate Professional Status
19 November 2024 | 0 replies
To qualify, taxpayers must meet specific criteria demonstrating that they are real estate professionals who materially participate in their rental activities.How to Navigate the Rules:Step 1: Identify your real property trades or businessesHere is a list of activities that are considered to be a real property trade or business:RedevelopmentLeasingConversionConstructionReal property developmentReconstructionOperationRentalBrokerageManagementAcquisitionIf you participate in multiple of these activities, you may be able to combine them making it easier to meet the material participation hour requirements.Step 2: Demonstrate material participation in real property trades or businessesThere are seven tests to determine if you demonstrate material participation.
Deal H.
Turnkey or BRRRR?
27 November 2024 | 48 replies
I personally use my HELOC now to help with quick acquisition in combination with my 100% purchase/100% Reahb hard money loan and then i just pay it back off at the end of the BRRRR.
Zach Rumfield
Family cabin in the mountains next to a major ski resort. Why not AirBnB?
22 November 2024 | 15 replies
It earned about $35K a year, which combined with is retirement and social security benefits, provided him with top shelf top shelf living facilities - assisted living and then memory care.
Keri Win
New landlord: Need advice on apps to manage your property and lease agreements
19 November 2024 | 23 replies
Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.
Manuel Reza
What are the best sites to market your rent by the room?
20 November 2024 | 27 replies
Thank you yes that make sense, inclining towards using a combination of free sites and select one paid site like FF, in fact I am looking similar to you for 3 months minimum stay and yes, rooms are furnished.
Katherine Cabrera
Hello beautiful people! My name is Kat ....
17 November 2024 | 5 replies
It combines the pride of owning a tangible asset with the potential for value growth.
Fetch Phoenix
1 Property, 3 doors - should we set up a Real Estate LLC?
19 November 2024 | 9 replies
It may also help keep the litigation target off your back.As always, check with your competent legal counsel--not all attorneys speak fluent "trust function and formation".