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Results (10,000+)
Jessica Heller Traditional Bank vs Mortgage Broker vs Credit Union for a 2 Unit Investment property
14 November 2024 | 13 replies
I don't believe you need to pay a broker for such a simple loan request.
Ryan Leake Comparing STR data sources (AirDNA, Rabbu, Mashvisor, etc...)
13 November 2024 | 12 replies
Not brainiac stuff here, but in the end, it's the simple-but-tedious work that gets the best results. 
Melanie Baldridge RE Pro status to make the best case with your CPA and the IRS
12 November 2024 | 1 reply
Cost segs unlock these savings, but the losses won't offset your ordinary income from your job unless you are an RE Pro.Here's how to think about RE Pro status to make the best case with your CPA and the IRS:RE Pro Status starts with the IRS definition of a Real Estate Professional (IRS Pub 925).It is not as simple as getting a real estate license or working for a firm that provides real estate services.Ask yourself these questions to see if you qualify:Q1: Are you in the right business?
Don Phil ROI excel spreadsheet
10 November 2024 | 12 replies
Keep it simple and focus on cashflow. 
Marc Shin Putting STR into service at end of year vs beginning of next year
12 November 2024 | 7 replies
This is a good question and to keep the answer short and simple; it is typically for the tax benefits.
Henry Lazerow Chicago anti gentrification ordinance has passed
7 November 2024 | 15 replies
The notice of sale must include an executed duplicate original of the third-party purchase agreement and make available specific details about the property including the most recent rent roll, list of vacant apartments, income and expense report for the 12 month prior to the notice and any other information the Housing Commissioner may specify by rule.Tenants’ first right to purchase the building before a third-party (‘Right of First Refusal’)Tenants in buildings with five or more dwelling units have a period of 90 days from receipt of ‘notice to sell’ to form a union to exercise their “right of first refusal.”
Luis Maza Real wholesalers - or hype pricing - my numbers are not adding up - dilemma
15 November 2024 | 15 replies
simple answer yes this is mostly what I see from a wholesaler and a 90 day turn is tight especially like our local market froze for all of July and August almost nothing sold.As the previous person said the wholesaler isn't in it to make the end user money. 
Corinne Johnson Emotional Support Animal causing noise complaints in a long-term-rental
10 November 2024 | 18 replies
Recommend maybe they get a mid day dog walker so the dog gets out and gets some exercise.
Margharita Silva Amending a one year lease to a two year lease
10 November 2024 | 4 replies
You are disputing a condo agreement we do not have and we know nothing of your paint and vent beyond what you say.Regarding amending the lease, it can be a simple document you and your tenant sign stating that you are amending the term of the lease to be 2 years, and the tenant has an option to terminate the lease at 1 year.Regarding the bathroom, if it has a tub or shower and no other ventilation, I would go with the vent fan as the root cause.