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21 February 2024 | 4 replies
San Bernardino must have more liberal rules if they allow larger.
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23 February 2024 | 387 replies
I've gotten into plenty of arguments with sellers over "my numbers", but this strategy has only done wonders for my returns.Running My Rental Portfolio Like a BusinessI've figured out pretty early on that owning 1-2 properties isn't going to make me rich or allow me to retire early.
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22 February 2024 | 43 replies
We were allowed to leave our contact info.. and for sure the pod cast can leap someones career by a lot..
22 February 2024 | 7 replies
So as a compromise to the tenants comfort level I felt that rather than making them cold by me forcing them to keep it 10 degrees colder than they desire I will allow them to pay to keep it as hot as they want it.
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21 February 2024 | 11 replies
Other beneficial tax strategies would be a cost segregation study and bonus depreciation which would allow you to accelerate your depreciation and not have it set at 27.5 years.
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22 February 2024 | 9 replies
If the PM paid at least 1/3 of the cost I would probably accept that assuming they FULLY realize and accept their mistake allowing you to believe this will not happen again.
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22 February 2024 | 11 replies
I never call it a "cash offer" (it's not), but don't complicate it with all the extra amendments and contingencies.If the buyer gets the property under contract and has to fill out an addendum that asks for financing type, I will always indicate that the purchase is financed if the buyer is using private/hard money.And I'll always include however much time is needed for financing approval into the due diligence period, so there is only one contingency in the contract, not multiple.Doing it this way allow us to be completely honest and transparent, but still give us the best chance of getting the property under contract.
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21 February 2024 | 9 replies
The link in the previous reply does not allow for the download.Thanks
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22 February 2024 | 11 replies
You could also allow tenants to use your washer and dryer during certain times that they have to request and schedule so you know they will be using them.
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21 February 2024 | 7 replies
A roof is a special class of property under 179 allowing you to take it (assuming you meet the trade or business requirement).