Liam Alvarez
Best Apps for Analyzing Real Estate Markets: Share Your Experience!
3 December 2024 | 19 replies
Another alternative is to have a negative cash flow by putting down less.
James Harryton
New Rental advice
25 November 2024 | 6 replies
@James Harryton I have been filling up a building with high quality grade materials and amenities.
Lewis Kerwin
Does this SFH warrant full interior repainting? And if so, is $3000 reasonable?
26 November 2024 | 9 replies
I would definitely accept a $3,000 quote to paint my whole interior, especially if that included the cost of materials.
James Kerson
Tell Me Why My Discount Brokerage Idea Is Bad: Calling All Agents
10 December 2024 | 100 replies
My brokerage would employ data-driven pricing guidance (hard to see how this would be materially different from MLS comp sheets; perhaps more accurate).
Imdad Rahman
Section 8 Courses
28 November 2024 | 18 replies
I don't know what they are about, but what do they purport to teach you about Section 8 not easily disseminated from online material already available?
Csingh Singh
Investing in California vs. other landlord-friendly states: What should I do?
27 November 2024 | 13 replies
As an investment property owner, this means less maintenance and fewer unexpected expenses from storm related damage, often resulting in more affordable insurance premiums, less wear & tear on mechanical equipment, roofing materials or exterior surfaces.
Erich Hatch
Estimating Rehab costs
26 November 2024 | 9 replies
As you do this more often, you'll be able to keep a spreadsheet of per square foot prices for materials and labor to get things done and you'll be able to estimate this yourself.
Marc Shin
Best way to save receipts for REI?
20 November 2024 | 9 replies
If you have an Iphone, you can create a separate folder for your photos which you can save your business receipts.An alternative option is using an online storage platform such as google drive, dropbox, etcBest of luck
Rod Merriweather
Trying to Scale- Lending Help Needed
26 November 2024 | 17 replies
Their promise to package your properties into a commercial loan after reaching 5 properties could free up your DTI and provide a line of credit for scaling.Consider delaying aggressive HELOC repayment to preserve cash for new purchases, and explore portfolio loans or DSCR loans as alternatives.
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.