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2 August 2024 | 0 replies
I'm thinking of signing up for Pro (mostly for tools / calculators) and also checking out other rental calculators online.
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3 August 2024 | 5 replies
By negotiating 20-35% discounts, we managed to achieve cap rates between 9% and 14%.I've also started managing properties for three of these clients, listing their rentals and ensuring everything runs smoothly.
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30 July 2024 | 37 replies
Also she has not added in one of the rentals deposits into the account and had shorted me on two other deposits.
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2 August 2024 | 10 replies
Hi @Christopher 'Bear' DeSanctisThe debt service coverage ratio is derived from measuring the PITI (+ Association dues if applicable) versus the gross monthly rental income.
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2 August 2024 | 0 replies
Three people signed the rental agreement, which states all tenants are joint and severally liable.
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30 July 2024 | 8 replies
This video is pretty helpful and goes into detail about the Jacksonville neighborhoods: Tour of Jacksonville FL Neighborhoods for Rental Property InvestingHope this helps!
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2 August 2024 | 1 reply
Purchase price: $137,999 Cash invested: $15,000 Sale price: $260,000 Rental House purchased in 2006 and was my primary residence until 2019.
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2 August 2024 | 7 replies
I'm organizing four events across the US for local short-term rental hosts to come together to have a beer and chat about challenges they've faced and things they've learned over the year and swap a few stories.
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3 August 2024 | 14 replies
.- overall "damage" is very minor as it will involve cleaning up after her, taking out her trash, and carpet cleaning throughout ($200) to get cat puke out of carpet- odd note was that she has a huge real Christmas tree which she left....who buys a Christmas tree if they intend to leave - confirmed via talking to her mother (emergency contact on my pet agreement) that she has moved to a new rental property- I have not filed the 3 days quit or cute as I'm concerned that the terminology indicates (perhaps I'm reading to far into it)that if she leaves the lease will be terminated.
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3 August 2024 | 16 replies
As copied and pasted from above-(1) more than one-half of the personal services the taxpayer performs in trades or businesses during the tax year are in real property trades or businesses in which the taxpayer materially participatesThat's how I understand the W-2 problem... it is hard to say you spend more time on real estate than any other activity if you work 2,080 hours.Another consideration is how much you rely on the W-2 income for lifestyle versus rental income.