Angelo Llamas
Tax breaks for a rental breaking even
19 December 2024 | 12 replies
I’ve got a several of these.
Damon Albers
tenants breaking leases and excessive damage make it hard to be profitable
5 January 2025 | 39 replies
I think I'll follow several members advice and sell them both.
Mary Lopez
How to find a Commercial Multifamily Loan <$1M
12 December 2024 | 37 replies
I found several properties, made one phone call to a loan broker, paid the 1%+ and life was easy until my broker talked me into re-financing on every loan about every 3 years, or maybe, there was so me reason I had to re-finance.
Manuel Angeles
Eric Spofford Section 8 Course
7 January 2025 | 27 replies
I atttended a “live” seminar and all the people in the chat were bots (called out several by name and asked qs, no response) attended same seminar again w same bots and same statements.
Rene Hosman
How do you do bookkeeping and financial reporting for your rentals?
4 December 2024 | 30 replies
Balance Sheet is a snapshot of the company's financial health at a specific point in time.Income Statement is a showing us the health on an operating POV.
Chris Kelly
Tenant smoking weed but can't prove it
25 December 2024 | 28 replies
I’m very sent several notices to all the tenants in that building regarding the no smoking policy.
Chas Lumley
Umbrella Insurance policy.
9 December 2024 | 5 replies
In my experience, you are thinking through this correctly.I've heard lawyers say, if the loan is in your name (which it has to be for conventional) and the deed is in the LLC, you aren't treating the business as an independent entity and in a severe lawsuit, the corporate veil is pierced and the LLC can be thrown out.I agree that one of the best defenses is to run your properties well.
Dana Wilkie
New Here and I Have Questions
4 December 2024 | 7 replies
Under this idea, you'd need to see if the Health dept has any restrictions for your septic system (which i assume you have) and if the power company would meter the 2nd unit separately.
Allen Duan
Anyone in Las Vegas looking to learn more about MTRs?
1 December 2024 | 24 replies
For several years we've worked with a commercial photographer so we can get quality photos at a reasonable price.Currently, properties are marketed solely with photos.
Toby Fellows
Do I have to register with a broker if I want to get my real estate license?
12 December 2024 | 11 replies
@Toby FellowsYou are correct, you need to ‘hang’ your license under a broker in order to practice real estate, and most brokerages require you to become a member of the National Association of Realtors as well.While you are preparing and taking your courses, contact several brokers and interview them to find out who might be a good fit.