Mark Kelley
How to warn future landlords / LPs about a tenant / GP
1 November 2024 | 18 replies
I would involve your insurance company.
Sam Tright
Dual partialling and hypothecation of a note
2 November 2024 | 10 replies
Call it a partial or hypothecating or both but that’s another concern.Lastly does each person involved in the trade understand all these surrounding facts?
Alexander Zeisberg
New Again Agent
1 November 2024 | 4 replies
Per this NY Times article, the average American knows around 600 people.https://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html#:~:text=The%20average%20American%20knows%20about,do%20you%20know%20named%20Kevin%3FPer the US Census Bureau, the average American moves 11.7 time in their life, which based upon an approximate lifespan of 84 years, works out to be about every 7 years.https://www.census.gov/topics/population/migration/guidance/calculating-migration-expectancy.html#:~:text=Using%202007%20ACS%20data%2C%20it,one%20move%20per%20single%20yearSo, if the average American knows 600 people and they each move about every 7 years, that means that the average American knows around 85 people that move in any given year.How many of those moves do you want to be involved in?
David Cheng
What do you qualify as a proof of funds?
4 November 2024 | 34 replies
For properties like these, the condition and price often don’t warrant upfront financial vetting, and too many barriers can add friction to the process.When it comes to lead times, I agree they’re essential for occupied homes—if tenants are involved, a 12-24 hour heads-up allows everyone to prepare.
Sean Bramble
Offshore Virtual Assistant for STR management
28 October 2024 | 6 replies
I'm looking at a multi-cabin STR deal that pencils out well from % a return perspective, but would involve an annoying amount of complexity managing guests when I consider the actual return in dollars I would be receiving.
Janet Behm
Daily Fines of $500 for Failure to File by Year-End
30 October 2024 | 2 replies
The aim is to expose businesses attempting to conceal illicit gains, thereby identifying those involved in criminal activities.As for a Home Owner Association (HOA), whether it needs to comply depends on its legal structure and tax status.Most HOAs need not file, except 501(c)(4), which probably need to comply.Who is Exempt?
Shayan Sameer
Flix & Flip deals with HOA
29 October 2024 | 4 replies
Hello Investors,I have a few questions about fixnflip deals that involve HOA.
Errol Graham
Accounting and Management tools for Landlords
3 November 2024 | 15 replies
If your property management involves Appfolio, Stessa is probably one of the only platforms that integrates well.I’m not too concerned about double-entry accounting systems, so Stessa’s simplicity is actually a plus.
Nolan Peralta
Tenant not paying rent gone AWOL
31 October 2024 | 5 replies
I second the involving an expert, especially in CA.
Seth Gordon
New To BRRRR
31 October 2024 | 14 replies
This involves purchasing a property with 1 to 4 units using an owner-occupant loan.