Mike Levene
House Hacking In Expensive Markets
16 January 2025 | 23 replies
By the time I got to the closing table, instead of me bringing a check, they gave me a check.Fast forward to today, it has more than doubled from appreciation and cash flows a ton, and I was able to get a great property manager in there to handle EVERYTHING.
Jonathan Bombaci
Spent $209,000 on Attorney Fees in 2024 – Considering In-House Counsel in 2025
8 January 2025 | 11 replies
It’s gotten me seriously considering bringing an attorney in-house to handle evictions and other legal needs moving forward.I’m evaluating this from two angles:Cost Efficiency: With the expense as high as it is, having in-house counsel could potentially reduce costs over time.
Pixel Rogue
Real-estate Exit Plan
8 January 2025 | 2 replies
As already mentioned, you could sell via seller financing to lower AGI, as all you would have to claim is the payment income - until balloon payment received.Did know an investor that had 14 properties paid off and he moved into one every two years to then sell with the $250k single exemption.
Pankaj Malik
Tenant threatening to sue and wants to extort money
18 January 2025 | 23 replies
I give them a deadline to respond, very clear terms of how we will move forward with the option they choose, and I make it clear this is my final offer.
Taha Tekreeti
Anyone invested with Ace Properties?
15 January 2025 | 10 replies
@Taha - I am also looking for some feedback so let me know if you moved forward with them
Chris Garnes
Please help - advice needed to complete two flip properties.
10 January 2025 | 5 replies
There’s zero chance I would move out.
Robert Spiegel
Security Deposit Deduction: What is reasonable for cleaning
11 January 2025 | 9 replies
The pet fee or deposit for the move in of 2 cats (you did charge one, I hope) should have just about covered the extra anyway.
Devin James
We Need Higher Density & Smaller Homes - Thoughts?
12 January 2025 | 54 replies
We have data to look back to for direction on our path forward, do we not?
Desiree Rejeili
What To Save for When Buying a Home
9 January 2025 | 0 replies
They’ll advise you on what moves you should make so you can make the best possible decisions throughout the buying process.Bottom LineThe key to a successful homebuying savings strategy?
Joel Florek
31 units in 30 months at age 24, $70k Annual Cashflow
9 January 2025 | 116 replies
If they like the unit and want to move forward I send them an application through MySmartMove to get a background and credit check.