Darren Koenenn
Pros and Cons of Buying a New Beach Vacation Rental in FL
7 July 2019 | 10 replies
There COULD be forced appreciation, as that tends to happen when you buy early in a new development, but never a guarantee of it, so view it as a bonus and not a motivation.I'm not familiar with that particular market so I'd just say make sure the demand is there and have a firm grasp of what sort of revenue is reasonable to expect.
Mike Franco
Tenants hired asbestos inspector. I want to let them out
5 June 2020 | 29 replies
They were ripped off by the inspector because a bunch of those tests samples were unnecessary. 1966 home with popcorn ceiling, almost guaranteed to have asbestos.However, good thing the inspector was reputable and didn't damage anything.Yes, I got the report, and the roof was not sampled.I have offered to eat the cost of a month's rent and have them find another place immediately.
Greg Golden
Cash out refinance question
1 July 2019 | 6 replies
I’m able to get properties much cheaper because sellers like the guarantee of cash.
Matthew Gardner
Better Understanding Tax Benefits?
6 July 2019 | 6 replies
The excess, over and above the reasonable value of your services each year, can be a simple distribution which is subject to income taxes, but not to self employment taxes.It is virtually impossible to hold rental properties in a self-directed IRA or ROTH because of the requirement that you cannot guarantee the mortgage loan and you cannot manage the property and you cannot infuse additional capital if there are cash flow shortfalls.
Jeffery Wilen
Guest request for video surveillance footage
1 July 2019 | 8 replies
my agreement makes it clear that we cannot guarantee that video still exists or was filming any particular time as it is motion-based and not so good at night.
Erin Auman
Feeling a little discouraged
3 July 2019 | 68 replies
With the variety of topics I guarantee you can find some that you can add value to.
Joe R.
cash bought,LLC owned rental property-How can I cash out/borrow..
1 July 2019 | 2 replies
Do I need a commercial line of credit or can I get a loan if I use my personal name to guarantee the LLC loan?
Idan Narotzki
Eviction at the last month?
6 July 2019 | 10 replies
Had that happen to me last year and I had to take her to eviction court, once the 30 days was up.In addition, when a tenant knows they're not getting their security deposit back, you are almost guaranteed to be given back and filthy and disgusting unit, including the appliances.
George Lods
To Section 8 or NOT to Section 8 ?
2 July 2019 | 8 replies
I have heard some say they love it bc it is guaranteed payments every month while others cite destruction of property by such tenants.
Emanuel Pedrosa
Pay down Personal loan or save that extra cash to invest?
8 July 2019 | 5 replies
In today's uncertain economy, getting a guaranteed 8.49% savings vs. a maybe, possibly, would-would've-ever-thought-that-could-happen is a no-brainer.