Sherie Rosenbaum
Collecting rents through ACH
4 May 2024 | 5 replies
I use their free version and have had no issues.
Sean Gammons
Where to start by adding a mobile home onto my property?
4 May 2024 | 1 reply
Also, when talking with different septic companies you can also bring this issue up as I find contractors to be very helpful when it comes to permits and the city or county.
Nick Nelson
Anything we're missing to reduce tax burden on sale of STR?
4 May 2024 | 4 replies
Ah, Michael is onto something... was it health related?
Cartus Aikens
Can you make money with tax deed investing
4 May 2024 | 66 replies
Linda I dont bother, most of these including mortgages are wiped out when tax deed issued as long as county does proper notifications.
Bashir Hopewell
Legal related question
1 May 2024 | 1 reply
If we as wholesalers are allowed to market the contract but not the property, how can you do that without showing pictures?
Or are we allowed to show pictures of the property?
Jake Posner
Looking to buy first rental property
5 May 2024 | 41 replies
Most of the OOS markets investors target do not have much appreciation potential, are lower end properties that will have ongoing issues and will not give the OP the opportunity to self manage his units to gain true real estate experience and understanding.
Craig Lessler
Airbnb - Active or Passive - Deductibility of Losses Schedule C
3 May 2024 | 30 replies
IRC Sec 1402 and the related Treasury regs govern income subject to SE taxes.(3) No such thing as "active" income in the context of IRC Sec 1402 and 469.Again, most Airbnb and VRBO belong on Sch E and are not subject to SE taxes.
Jonathan Julian
New software startup for contractors in CA
4 May 2024 | 0 replies
We also see the struggles you face:Disgruntled customers due to communication breakdowns and scheduling mishaps.Frustrated employees missing deadlines because of complex systems.Recurring service issues stemming from a lack of standardized procedures.Unhappy technicians dealing with unclear pay structures and disputes.The constant threat of legal and financial trouble from non-compliance.You wear many hats, and there just aren't enough hours in the day.
Alexandra Joy
Tenant asking for personal favors
4 May 2024 | 35 replies
I made her a copy and didn't make an issue of it.
Joel Jackson
Just getting started with real estate investing.
3 May 2024 | 5 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.