Nolan Fernandez
Buying house with Section 8 voucher
3 November 2024 | 24 replies
There are standard guidelines and on top of it lender has overlays on standard guidelines.
Jefriah Advincula
College student looking forward to learning and growing.
31 October 2024 | 2 replies
I'm 21 and a full-time student majoring in International Business and Finance.
Orlando Glez-Jorge
Loan on uninsured investment property
4 November 2024 | 10 replies
It’s very unlikely you’ll find a lender willing to provide a loan on a property without homeowners insurance—it’s a standard requirement for good reasons.
Jim Witten
Can A Realtor Make Me An Offer without a Listing Agreement?
7 November 2024 | 16 replies
https://www.car.org/-/media/CAR/Documents/Transaction-Center/PDF/Standard-Forms/December-2018/SP_6-18_Draft7.pdf?
Melanie Baldridge
Understanding the IRS Section 179 Election
1 November 2024 | 0 replies
Section 179 of the Internal Revenue Code allows businesses to deduct the full purchase price of qualifying equipment and software up to an annual limit.In 2024, for example, taxpayers can expense up to $1,220,000 of qualified assets.This election can apply to many types of tangible personal property, such as machinery, equipment, and off-the-shelf software, which are used predominantly in your business.Limits on Section 179 ExpensingAs attractive as Section 179 may seem, there are limits.For tax year 2024, the maximum investment limit is set at $3,050,000.If your business places more than this amount in service, the amount you can expense is reduced dollar-for-dollar over this threshold.In addition to the dollar and investment limits, the amount of your Section 179 deduction cannot exceed your taxable business income for the year.This means that even if your business invests heavily in qualified property, the deduction could be limited by the business’s profitability.Also, not all property qualifies for Section 179.Real property, like buildings and structural components, generally does not qualify unless it is "qualified improvement property."
H. Jack Miller
Are you experiencing highers Evictions and Lower Rents?
5 November 2024 | 17 replies
While the "type" of neighborhood can sometimes make tenant approval criteria a little more flexible, we always try to avoid making desperate decisions that could lead to future evictions.The rise in evictions that you're seeing could be partly due to landlords lowering their standards to fill units quickly, which might lead to issues down the road with tenants who can't pay rent consistently or have a history of instability.
James Wise
Who is Bob Stevens AKA Bob Prisco and what's his involvement in Cleveland?
11 November 2024 | 65 replies
I was never licensed and never wanted a license.I don't like being held to a "higher standard" lolIt's cool being able to tell Wise that he is a wanker and not get in trouble by the division of real estate for doing so haha.Also, you can market and sell what you own without having a license.PM is a different story and as you mentioned mate, an officer of the company has to be a broker in order to satisfy the division of real estate.We are actually double d#$%ing and have two brokers as officers as the division didn't like that our broker was in Florida so now we had to get one in Toledo also.If only I was a whistle blower, could make a nice buck as I know of at least 2,000 units illegally managed in town by folks without a license or broker.🤷♂️ thats why we worked together on deals..
Paul Passafiume
Anyone tried Ziprent or remote property managers??
3 November 2024 | 8 replies
But they use high level tech....pre screen, self showings, and the 1225 is the standard fee for first month lease up services including them drafting and getting tenant to sign lease..
Glen Michael
Survey's to your owners and tenants....
31 October 2024 | 2 replies
I know Property Meld has something built into their Maintenance dashboard where it asks for reviews after maintenance issues are handled and I think if they rate 4 or 5 starts they then ask for a google review and if it's 3 or below it stays internal and gets circulated around so the team can figure out what went wrong and improve on it.
Jin Zhang
Anyone has experience with a company called find dream rental?
2 November 2024 | 10 replies
This diversity within their team can be viewed as an advantage, as it may provide them with a more global perspective and a better understanding of international clients.I also noticed that they use Zelle under their accounts manager's name, which could indicate a legitimate arrangement for handling transactions.