Natalie Johnstone
Delaware LLC / Cali purchase
30 September 2024 | 8 replies
Since you can't escape CA LLC registration, if the property is based here, and if you are a resident here, may make sense just to form a CA LLC and simplify your life and your costs.Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.
Darrick Lowe
How to split heat and hot water amongst tenants?
27 September 2024 | 14 replies
Single boiler serving a duplex- landlord paid water / natural gas because there's no way to split it accurately.
Carol Bahou
self directed IRA to invest in real estate
30 September 2024 | 21 replies
In our case we all ALREADY had all of our retirement savings in IRAs and 401Ks, so it seemed natural.
Hanaa Abou Ouf
Olympia, WA investors, what do I need to know?
26 September 2024 | 8 replies
But they know they need adequate reserves to sustain them if/when there is a lawsuit or eviction to cover lost rent, repairs, etc.
Zeb Wallace
Pros and Cons - Registering LLC in-state vs. out of state
27 September 2024 | 2 replies
If the real property is in CA, you're definitely doing business in CA.Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.
Maverick Go
Refinancing Self-Storage Properties: Can DSCR Loans Help?
26 September 2024 | 3 replies
No - "DSCR Loans" are for residential investment properties only (with only a very minor exception for small mixed use properties that are majority residential in nature in every way)
Shay Sherbotseli
Property purchase near philadelphia (Main line or farther away)
26 September 2024 | 14 replies
That being said there are also areas in Suburbs I would avoid like Norristown and Pottstown due to their nature (class C or lower).
Logan M.
2nd Delivery of a legacy home, 9 more to go!
25 September 2024 | 4 replies
I would not due business again due to the nature of the financing terms and the home quality.
Daniel Loane
Filing taxes: when to expense vs capitalize for vacant rental property
27 September 2024 | 9 replies
For the insurance deductible on the claim, it depends on the nature of the claim: if it’s for a repair, it’s deductible this year; if it’s an improvement, it needs to be capitalized.
Jeremy Schappert
Do new construction homes or older/existing homes appreciate more?
26 September 2024 | 9 replies
It occurred to me that the reason I have not been able to find any research on this topic is probably because of this subjective nature and time consuming attribute of this weed out process.Without further ado, my findingsNew construction homes that were bought in 2017 increased in price by 28.3% when they were resold in 2022.