Susan McBride
Creative Purchase / Sale Agreement
20 May 2024 | 10 replies
To, me that sounds overly complicated.
Chris Purcell
Do you raise rent on good tenants?
21 May 2024 | 41 replies
@Chris PurcellI'm somebody that likes to keep situations simple, and by letting emotions and how you feel get involved, one can make any situation very complicated.
Matthew W.
How do I calculate ROI on a rental on something I bought over 20 years ago?
18 May 2024 | 11 replies
I think you’re making it more complicated than it needs to be.
Greg Weik
So you want to start a property management company
18 May 2024 | 1 reply
Someone handles lease issues or violations, which are often complicated and with serious legal ramifications...
Deon White
BRRRR Capital Partners (Off Market)
17 May 2024 | 3 replies
Currently under contract for a large off-market residential property.Quick details: 4,200+ sqft 12bed / 5bath (2 kitchens) (No a flood zone)(Light - Medium rehab / rent-by-the-room play)My partner has been a PM in this community for 20+ years and is highly confident in this deal (as am I).The current issue is, we aren't confident the property can close with a bank due to a few seller complications.( ^Very long story, but if you want to hear it I will tell you haha)We're looking to over-raise about $335k ($255k purchase and $80k for the rehab).But we (and our contractors) know the rehab portion will come in a bit lower.Can anyone point me in the right direction?
James Bakun
How does a foreign seller get their 15% FIRPTA withholding back?
17 May 2024 | 3 replies
Thanks @Dave FosterTo avoid timing complications, we're thinking he would bring extra funds to replenish the FIRPTA withholding.
Michael Wentzel
Cost of tax preparation? $100 per property?
17 May 2024 | 8 replies
My personal return is fairly complicated with Trusts, partnerships, W-2s, and several K1s.
Don Fisco
Multifamily/apartment building w/ retiring father AND room mates AND potential child.
16 May 2024 | 5 replies
As a postal employee, he has a guaranteed pension, but not a lot of savings -- I know, complications, complications).
Jorge Martínez
Should I remove tax deductibles (property tax, insurance etc) For cash flow?
17 May 2024 | 11 replies
The real numbers are more complicated because while we count mortgage payments, the reality is some of that is for interest and the rest is against the principal, so really some is going to you in the long run, but is currently tied up as an expense.
Anthony Beeler
Too late to start an LLC?
16 May 2024 | 7 replies
In most cases, neither is warranted.Warning: I am not an attorney, and this can be a complicated topic.