John Brown
Renting short term on a sub leased property: Is it much harder? (rental arbitrage)
8 January 2025 | 15 replies
Use STR-specific insurance to protect both parties and automate operations with platforms like Airbnb, TurnoverBnB, and PriceLabs.Taxable income from the STR must be reported, but you can deduct related expenses like cleaning, utilities, and furnishings.
Tyler Graber
scale from 1 to 2?
2 January 2025 | 7 replies
Typical equity build up time is 5 years, depending on your market.But can you purchase another rental using your own capital?
John ONeill
Confessions of a First-Time Flipper: What I Wish I Knew Before I Started!
13 January 2025 | 11 replies
This is an area that home inspectors typically do not cover in their reports.
Dmitriy Fomichenko
How to supercharge your Roth IRA or Roth 401k
27 December 2024 | 18 replies
.: I'll have to look into this I typically contribute the max to a IRA then do a backdoor conversion to a Roth IRA.
Don Konipol
COMMERCIAL Mortgage Broker Licensing Requirements by State
28 December 2024 | 16 replies
Yes I understand what you are noting, and I believe on the commercial side of things they are typically not putting their names on the docs like you do for a resi loan but just brokering/underwriting it and collecting a fee as a 1099.
Samuel Kim
Real estate professional status 750 hours doable?
19 January 2025 | 19 replies
Nice try, but this time does not count.In order to meet 750 hours, your wife will need one of the below:- do something else real estate related, like wholesaling or realtor- actively work on expanding your rental portfolio - have an extensive DIY rehab, like a month-long full-time rehab (and then she might need another kind of rehab)- a calamity such as multiple properties damaged in a storm where she will have to deal with insurers and contractors- something else out of the ordinaryAgain - if all you have is 9 single-family properties with stable tenants and typical occasional maintenance - you don't have enough work to collect 750 hours.
Jim Bryant
What to Expect at Eviction Hearing
28 December 2024 | 16 replies
We gave him an old lease that said he didn't have to pay water (we newly split the utilities in the unit) and he noticed we charged him for water and then we refunded him (although he continued to send us pics of his napkin math that says we didn't refund him enough).
Olga K.
Pour water/antifreeze in drains - fail
20 December 2024 | 2 replies
(If there’s isn’t a checkbox for utilities on).
Federico Dallo
Seeking Advice on Property Investment for Renting - Budget of 300K
26 December 2024 | 10 replies
Also, while you might have to put down 40%+ in some countries, it isn't typical and, again, it's not the case in some of the countries you mention.
Mark Ross
Replacing heating system
20 December 2024 | 2 replies
Current section 8 tenants pay $2100 rent...plus utilities.