Nicholas Hausmann
Springfield, IL investing
3 September 2024 | 50 replies
I’m in the health care field and I used to work for the 2 hospitals in Springfield IL.
Gp G.
Mold Issue and Tenant Says Mold in Lungs as per Doctor report
30 August 2024 | 8 replies
I also have a one-page Mold Policy that explains how we will move forward if they insist mold is present or impacting their health.
Chad Wan
What type of loan should I looking for?
29 August 2024 | 13 replies
My usual lendor has the health issue and can no longer fund it.
NA Reddy
Would I benefit from an LLC if I invest in RE thru Syndications
31 August 2024 | 12 replies
From an income tax perspective, the LLC provides you with absolutely no benefit.Even from a "anonymity" perspective - if that is a Single Member LLC, the K-1 from those syndicates is still required by the IRS to be issued directly to the beneficial owner - you.If you don't make it a single member LLC, say your spouse is also a member, now you have a partnership tax filing - if it holds a number of LLC interests, it is now a partnership filing that is a pain to file to roll all of those activities in and report it on to your personal returns.In short...most likely it is best to keep it simple.
Robin Thornton
The TRAP HOUSE Next Door On A Quiet Street of Longtime Homeowners
31 August 2024 | 10 replies
Report each issue on a separate ticket (grass, trash, health hazards, etc).
Andrew Hinspater
Rent ready requirements - need advice
29 August 2024 | 2 replies
For our clients, we separate repairs into catergories: 1) Health & Saftey - highest priority to avoid lawsuits2) Property Preservation - don't want a $500 water leak repair to become a $5k repair later3) Government Required - for city & S8 inspections4) Marketing Negative Impact - who wants to rent a "purple" house?
Account Closed
DEAR NOAH: Am I overreacting or is it time for a new Property Manager?
30 August 2024 | 13 replies
We also try to note everything wrong that is readily visible and then categorize each issue as:1) Health & Safety2) Property Preservation3) Marketing Negative Impact4) MiscellaneousThis can help owners make better decisions on which repairs to prioritize, especially if they have a limited budget.
Greg Hellings
Primary: To sell or keep?
29 August 2024 | 4 replies
Not quite as good, but it alleviates most of the pain.
Tadas Bendaravicius
How To Protect Yourself From Lead Law When Acquiring New Rental Property
28 August 2024 | 7 replies
One other MA change on the health care side is they have lowered lead levels of children on which action from the state will be taken in MA so more people with see health department intervention earlier that has it upsides.
Will B.
Conditions to make it easier for the seller
28 August 2024 | 2 replies
What are any pain points that he has that you can help with?