Kin Lay
How to transfer my share of the house to my brother?
14 January 2025 | 5 replies
Hi Kin,Transferring your share of the property to your brother may have tax implications, including gift tax if the transfer is considered a gift.
Josh Buchanan
Any reviews of RentRedi?
19 January 2025 | 51 replies
I currently have 7 rentals units ( two three unit properties, an investment condo and a garage space) Currently I accept many forms of payment including Zelle, Venmo and paper checks.
Ursula Lovings
Comparing Contractor Estimates
4 January 2025 | 5 replies
@Julie Garner This contractor texted me after I received the quote to let me know that materials are included.
Nicole Gauthier
Is Furnished Finder worth it in Urban areas?
29 January 2025 | 10 replies
Other sites that can be successful included Facebook (specific groups you are targeting like traveling nurses or 5th ward housing, etc), Airbnb/VRBO (30+ day stays) and insurance placements like ALE Solutions.
Matthew Posteraro
Conservative Scaling for House Hacking
29 January 2025 | 10 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Sterling Pompey
Investing as a Travel Physical Therapist
9 January 2025 | 2 replies
He is currently a travel PT that makes $37k pre-taxed but after including all his stipends, his annual earnings are closer to $95k-$97k.
Philip Anderson
Investments in ventura
8 January 2025 | 5 replies
Lots of folks come up from Ventura County, including many who responded to your post.
Sebastian Nadal
Looking to House Hack in Chicago for the first time
8 January 2025 | 6 replies
if you are going to do things like include utilities, or have an off street parking spot, other amenities etc, there's no reason in my mind you couldn't "charge a premium" for a premium unit/service.
Lina Truong
Please help me get started for mid-term rental investments
3 February 2025 | 25 replies
Focus on learning the basics of MTRs, including their appeal to traveling professionals and the need for furnished properties.
Joshua Houchins
Accounting Software?
9 January 2025 | 16 replies
@Kevin Wood: Fixed Asset Management module is included in the QuickBooks Accountant version where you can calculate the depreciation.