David Lutz
The Myth of Cashflow – and understanding how to reserve properly and model.
15 August 2024 | 86 replies
Yes some settling but nothing serious.....maybe because I buy 1980 year old homes the foundation would show signs of failing before I buy.$5.6K for a roof (insurance claim)$5.2K for another roofYes my insurance deductibles are 1% of insured value so about 3-4k.$1.3K for new AC line set (punctured in second roof replacement)Roofers would have paid that$1.6 for a water heater$1.3 for a water heater$2K for a water heaterMy water heaters cost $400-$500 from home depot and $200 labor to install, again I use handyman vs plumber cost less.$1.7K for new water line from meter to houseHaven't had to do a water line.
Richard Bayle
Peter Harris - Commercial Property Advisors
14 August 2024 | 63 replies
If you are working with Peter and failing, then it's due to effort or market.
Noah Bacon
How will interest rates trend in 2024?
13 August 2024 | 24 replies
No, the head of the Fed is appointed by the President but is a private business.Their purpose isn't to benefit society, it is to keep banks from failing.
Bob Booth
Security Deposit Return
9 August 2024 | 10 replies
I failed to return a tenants SD within 60 days.
Patrick Philip
Always use a realtor for flips?
12 August 2024 | 25 replies
One more thing to mention Patrick I failed to mention.
Jason V.
Section 121 gains exclusion reported on what IRS forms if home was rental for 2 yrs??
13 August 2024 | 21 replies
For taxpayers filing jointly, if either spouse fails to meet the requirements of paragraph (a)(3)(i) of this section, the maximum limitation amount to be claimed by the couple is the sum of each spouse's limitation amount determined on a separate basis as if they had not been married.
Jeff G.
Proposed Rent Increase Limit of 5%/Yr Nationally?! Seriously?
12 August 2024 | 39 replies
For starters, it fails to specify which "valuable tax breaks" would be rescinded for raising rents according to the dictates of the free market instead of ignoring it in favor of an arbitrary limitation.
Jaime Felber
Vetting comps for land value and rents
9 August 2024 | 8 replies
Their are definatly easier ways to do it now, but if all else fails... good luck!
Jacob Haskins
Insurance Agency to Pay Tenant's Monthly Rent
8 August 2024 | 3 replies
If not, then the tenants are responsible for payment.If you list the insurance provider as the payer and they fail to pay, you'll be stuck with tenants that have zero responsibility for payment.
Holly Peterson
Great Hard Money Heist: A Comedy of Errors and Triumphs in Real Estate
8 August 2024 | 0 replies
Get ready for an incredible ride filled with humorous anecdotes, epic fails, and victorious moments.How then did your adventure come to pass?