John Williams
Downside of the 1% rule...
23 December 2024 | 34 replies
I'd rather pay more for quality properties in desirable areas than lose money every month on a deal that looked good on a spreadsheet.
Sonia Vanegas
advice on landlord threating to void clause in lease and raising rent
16 December 2024 | 21 replies
You are going to have to lose a little more money no matter how this situation turns out.
Matt R.
Bitcoin is 10k again what are you going to do now?
5 December 2024 | 554 replies
USD is definitely losing ground in the value dept to bitcoin.
JD Martin
Do you have inspection & hoarding clauses in your leases?
2 December 2024 | 7 replies
When you have unscheduled entry as an option, I think it encourages them to do weird stuff like hide stuff in weird spots, etc because they are always on guard.Hoarders clauses would have to be linked to fire codes I think for excess people and materials near fire sources, etc.
Douglas Schwart
Seller Carryback Financing-Singh Corporation
5 December 2024 | 7 replies
Ohio is a lengthy foreclosure state and many fees not recoverable0% interest and they don’t pay then you are losing money every month as they have no incentive to payLastly having it at 0% and over priced from its value means if they don’t get a tenant then they just walk away as property is so upside down.If it was me as a seller these are awful terms as a seller.
Jared Smith
Old Member active again!
4 December 2024 | 8 replies
In 2017 we started our journey with long-term buy-and-hold investment properties in the Memphis, TN area after selling a property that we were losing money on every month in NOVA that we purchased as a primary residence in Jan 2007 (talk about all-time bad timing) and then had to move with the Navy in 2009 (2nd all-time worst timing).
Joel R.
Am I required to issue 1099s to contractors if I only have one rental unit?
6 December 2024 | 12 replies
But once you declare to be running a trade or business - then 1099s do come with the territory.If you really want to avoid 1099s and decide to claim to NOT be running a trade or business - be prepared to lose your business overhead deductions upon an IRS audit.
Dan Zambrano
My Journey to $20M in assets
7 December 2024 | 60 replies
Options are very good, just need to avoid sharp dips because I am wagering about 1k at a time and any bad luck and I lose the entire 1k.
Alex Collins
First REI Prospect!!!
8 December 2024 | 8 replies
You can make great profits flipping houses, but you can also lose a ton if you don't do it right.That said, I encourage you to be in touch with an investor friendly agent in Indy.
Michael Plaks
EXPLAINED: can I apply "STR loophole" strategy in December?
11 December 2024 | 15 replies
You can win (or lose) either way.