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31 May 2021 | 6 replies
Payments that you make normally fall into one of 3 buckets100% of the payment can be factored in somewhere on the returnPartial payment can be factored somewhere on the return0% of the payment can be factored in somewhere on the returnHouse-hacking also has considerable tax implications in the event that you want to sell this property.You can potentially defer a portion or all of the gain on the investment property with 1031 exclusion.You can potentially exclude a portion or all of the gain on the personal residence with section 121 exclusion
18 May 2021 | 2 replies
Not a direct answer but I would ask what is normal for that area?
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16 May 2021 | 16 replies
How do I go about charging for a pet fee and how much do people normally go for?
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14 May 2021 | 3 replies
My out-of-state agent tells me this is normal for the neighborhood but I see iron staining all over the tubs and toilet and can't imaging a tenant being okay with this.
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13 May 2021 | 1 reply
Normally recommendations like these are frowned upon in the open forums but feel free to PM me if you would like and we can chat further.
15 May 2021 | 6 replies
Out of 400 units in the building currently, 9 1-bedroom units are listed and available for rent ($1595-$1850) and 4 studio units for rent ($1425-$1600).Right now more higher-end luxury buildings in the are are renting for $2K - $2.4K I'm thinking post-pandemic when rents return back to normal, could it jump up to $2K maybe?
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13 May 2021 | 1 reply
Assume the investor is providing 100% of the equity requirement and I am guaranteeing an acceptable annual return, is normal to ask for 50% title on the property or is there a generally acceptable equity split if I do not provide any monetary equity?
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14 May 2021 | 14 replies
Normally, we would postpone the closing until the Seller can get the tenant out.
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25 May 2021 | 5 replies
Also, with so many people from the mainland moving over, higher prices are normal for a lot of tenants.
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5 October 2021 | 35 replies
With that you have to give your state mandated notice which normally means - another 30 days of living there.