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28 December 2024 | 13 replies
There was a recent webinar, bottom line, it looks like Darryl Heller sold off many of the ATMs, didn't pay the people who put the cash in them, didn't pay the stores that have them on site, isn't providing information to David Zook's team that the court has ordered and is racking up something like $50k+ a day for not doing so...it is a complete mess and seems like there are only a fraction of the ATMs that might still be producing money but the company hired by Zook to get their hands around all of this is running into many roadblocks because Heller's team isn't providing info.
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14 January 2025 | 329 replies
Case Shiller indicates no US location has produced a better return than San Fran, LA, or San Diego for this century.
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4 January 2025 | 11 replies
And the passive loss rules may prevent you from getting a tax benefit if your rental deductions are more than your rental income for all of these options.David OrrTax ModernFirstly, utilizing Section 179 deductions for a vehicle purchase can indeed be advantageous, particularly if the vehicle is primarily used for business purposes.
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29 December 2024 | 5 replies
The house had the utilities turned off for the 6 years, and was filled with the original 1 owner's furniture, clothes, appliances, car and ecn food in the frig (without elctric on for 6 years).
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22 December 2024 | 23 replies
The refi or additional debt of any kind will impact the current performance of your property I'm never a great fan of selling a good producing property - unless I am certain I can improve the overall performance of my portfolio.
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30 December 2024 | 15 replies
.✅ Thirdly, in regard to objectionable tenancy and nuisance caused by disruptive tenants, you will need to document these violations with undeniable evidence.Because police reports are not usually able to be procured due to disturbances like drug trafficking or domestic violence, you’ll need to take matters into your own hands on producing that documentation.I recommend getting security cameras installed in all common areas and outside your properties.I’ve used SimpliSafe security cameras but you’ll need to install WiFi service at your properties so that you can maintain recordings in the event of violations and add to your lease that any tampering with said cameras constitutes a lease violation as well.This is still developing and once we get further clarity, we will host a round table with legal experts on how to best protect our properties and residents.
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29 December 2024 | 8 replies
I get that.. but if your a top producer this is just cost of doing bizz to the title company orr closing attorney if your a one off agent you may have to pony up the money but to me it was necessary..
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25 December 2024 | 60 replies
Thanks The income approach is generally utilized for 5+ units.
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9 January 2025 | 46 replies
So they engaged me to produce results..
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25 December 2024 | 11 replies
However, from what I’ve observed, it’s still not enough to produce meaningful cash flow.