Robert M.
Newbie Investor needing advice and guidance
26 November 2024 | 10 replies
I do understand real estate is not a " passive" investment and does take hands on work with regards to even managing a the property manager.My initial thought was/is (given my current status) that the optimal strategy would be to look into turnkey properties to get started and once I move back into the states get into/invest in more areas of real estate investing.
Lorraine Hadden
Sellers/Agent Placed the EMD in an Interpleader Account w/the CA Courts
2 December 2024 | 2 replies
No way is this a scheme to keep EM for the seller..Anytime I have had EMD disputes it usually gets solved with a 50 50 split since I know what will happen.. what happens is exactly as you describe.. money is to small to realistically hire an attorney to collect..
Daniel Bruyere
San Diego vacancy rate
19 November 2024 | 3 replies
in such case, optimizing rent justifies longer vacancy.
Christine Aledam
Time to find a new Accountant?
3 December 2024 | 21 replies
Get a DBA and use to open a business bank account.Have your properties "hire" the DBA to manage your rentals and collect rents.Most states require a lease to identify the owner of a leased property, whether a person, trust, LLC, IRA, etc.Landlord = Lord of the Land = Owner per deedAgent = someone legally representing the ownerProperty Manager = Agent
Katie Miller
If you use a CPA or Tax Professional, how did you find him or her?
10 December 2024 | 112 replies
If you would like me to double-check check your current preparer is providing optimal services for a competitive price, let me know!
Jamie Johnsen
Who do you use to report bad debt - Judgment to Credit Bureau?
11 December 2024 | 1 reply
Quote from @Jamie Johnsen: I don't know of any flat-rate collection agencies.
Andrew Steffens
Credit Card Points Hacking
6 December 2024 | 36 replies
I've been pretty pedestrian just collecting AmEx points and moving them to Delta.
Jack Quin
Tenant Moving Out Due to Deployment but Leaving the House to Her Son
4 December 2024 | 9 replies
You collect market rent (You might be collecting less net rent without a PM, you’re essentially managing for free.)
Andrew Steffens
Discount Helix Mattresses
29 November 2024 | 17 replies
I just picked a Luxe collection medium queen and it is $1899.
Matt Wan
Does paying off a mortgage early affect future loans?
2 December 2024 | 6 replies
If you elect a PPP shorter than 2-3 years in most cases, the lender is simply going to collect that fee A) upfront as points rather than as a PPP, or B) with yield, meaning a much higher rate.