Ben Hofstra
Best Bank Account for my Situation
9 January 2025 | 9 replies
I have done a lot of research in preparation for my first real estate purchase but I haven’t heard any mention of banking services that stand out.
Josh Nelson
Sold 2021Family Home Converted to a Rental
4 January 2025 | 0 replies
I learned that with an A-Class tenant expectations are higher and had to step up my level of service.
Gregory Fluharty
House hacking setup: Refi current primary and split occupancy
6 January 2025 | 5 replies
If you are trying to come up with a way to finagle the occupancy requirements while using an amazing loan (that you earned based on your service) like a VA, I would say you are starting off on the wrong foot.
Josh Duncan
Thoughts on 401K loans
8 January 2025 | 10 replies
I changed my strategy to only invest in my 401k up to matching and then put the rest of my savings into my IRA for that reason.
Luisa Morejon
What to do with the proceeds of the sale of my home?
1 February 2025 | 23 replies
I have never owned a business but I keep hearing that buying an established home service company can be very profitable.
Patrick Pan
How to find concealed eviction records
31 December 2024 | 17 replies
So when I'm reviewing screening reports for my rentals, I like to find out the story behind an eviction - I've had good tenants with evictions on their records who never bothered to expunge their eviction from the record when they had a prior vindictive landlord (yes, such landlords do exist and give the rest of us a bad name).
Yvonne Wang
Example of a contractor contract and work list?
4 January 2025 | 3 replies
It’s also important to be as specific as possible in the scope of work for each line item—clear details can save you from misunderstandings or unexpected costs later on.I specialize in consulting services for situations just like this, helping clients work confidently with contractors by bridging the knowledge gap.
Nick Am
Setting up a management S-corp for managing rental property owned by an LLC
23 January 2025 | 16 replies
LLC-A deducts the 10% management fee, while LLC-B reports it as active income, subject to self-employment tax but eligible for tax-efficient salary and distribution strategies.Ensure the setup has a clear business purpose, reasonable compensation, and documented management services to avoid IRS scrutiny.
Ed Lopez
Excessive "Make Ready" Costs from Property Manager
21 January 2025 | 35 replies
Those rates would be low in my area by half .I do service work , the clock starts ticking when the truck leaves the shop and doesnt stop until the truck and men return .
Ramsey Doumani
Investing in a condo vs townhouse as a traveler
12 January 2025 | 8 replies
Many of my customers who are traveling nurses buy condos or townhomes in Florida as vacation homes, then rent them out when they're not in town.This system has proven to be very lucrative, as it allows them to service the mortgage debt and generate a good cash flow.