Patrick Patel
Purchasing an HOA Foreclosure
14 March 2024 | 20 replies
The home is valued at about $220,000, annual taxes are $6000.
Evan Cruz
Real Estate Equity
16 March 2024 | 2 replies
It would be same as saying you also owe future taxes and insurance.
Michelle P Stafford
Advice on a Rent to Own Commercial Property
15 March 2024 | 6 replies
Make sure you carefully evaluate the credit quality of this tenant prior to leasing to them.
Matthew Cabrera
NAICS Code for Real Estate Investing & Best Practices
16 March 2024 | 2 replies
What would be the best way to do this for tax purposes, liability, and breaks?
Phoebe Hodges-Carter
Requiring Renters to Secure Renters Insurance
16 March 2024 | 21 replies
(Your mileage may vary)Prior to finalizing a lease agreement, I am considering presenting tenants with two rental price options for consideration:1) Inclusion of renter's insurance within the lease terms, with the option for tenants who decline coverage to pay slightly higher rent (wherein the associated premium cost is included in the monthly rental amount without the tenant's explicit knowledge).2) Inclusion of renter's insurance within the lease terms, with the option for tenants who obtain coverage to receive a slight discount on their rental rate equivalent to the cost of their renter's insurance premium.Optimistically, the second approach aims to incentivize continuous coverage for the tenant through a comprehensive renter's insurance strategy.
Cole VerBruggen
New Member living in Minot, ND
16 March 2024 | 8 replies
A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.The site has quite a few tools that can be helpful for new members.
Jonathan Firouzi
Arizona Rental with Pool Liability Questions (first rental prop)
15 March 2024 | 8 replies
A swimming pool or contained body of water or barrier constructed prior to the effective date of this article.I believe it dates to JULY 31, 2019"If a child in Arizona drowns or otherwise suffers an injury because of your improperly enclosed swimming pool, you could be civilly liable.""
Lisa Marie
Are REIAs a scam?
15 March 2024 | 93 replies
That would be various liens, easement, water lien, demolition lien, mechanics lien, tax lien, water/sewer lien - something that title companies look for, when they do a title search.
Raja Shan
Terminate w/o cause. Financial incentive for the tenant to move out?
15 March 2024 | 10 replies
Senate bill 608 for referenceIf the specified ending date of the fixed term is within the first year of occupancy, landlord may terminate withoutcause by giving the tenant 30 days’ notice prior to the specified ending date for the fixed term, or 30 days priorto the date designated in the notice, whichever is later (90 days in Portland and Milwaukie).
David Ivy
Austin Market Report - February 2024
15 March 2024 | 1 reply
Since there are many more listings competing on the market than in previous years, it’s crucial to prepare a listing to stand out among the rest and work to address buyer objections prior to going on market.