Gabrielle Simmons
Colorado Springs STR, available long term tenant.
29 March 2020 | 12 replies
No way, but they more than cover the mortgage and we limited our downside risk while still keeping the upside of having them available for short term stays come this summer (peak season).
Angelica Morales
CARES Package allows IRA withdrawals w/o 10% penalty, worth it?
14 June 2022 | 11 replies
Which I was learning towards but just wanted to hear from more seasoned investors.
Katrina Gillrup
Insight into Realtors Perspective
30 March 2020 | 5 replies
At the end of the day, be confident, be a sponge, learn whatever you can, and don’t worry about what seasoned agents think, just do the work.
Scott Passman
Why are landlords being so singled out?!?
31 March 2020 | 19 replies
After becoming a LL and a difficult tenant with subsequent eviction in that first tenancy, come the following Xmas season, I viewed the movie "it's a wonderful life" thru new goggles.
Gorden Lopes
Floor support looks suspicious, what do you guys think?
30 March 2020 | 2 replies
I can show you storage sheds around here that have been supported that way, without budging, for 40 years.
Account Closed
Covid-19 changes to housing market
29 March 2020 | 1 reply
Such a tremendous increase in unemployment numbers, and we don't know what long-term effects Coronavirus and season viruses will have on the economy in the future.
Jeffrey Furtado
Closing 2 properties in April
24 April 2020 | 12 replies
Feel those variables are important to my question as well.I realize only I can truly answer this question (but even us seasoned investors can have doubt, especially as this virus is a first -- well since about 1908-ish anyway) but i am curious to know if others would cancel the 5 plex purchase (or continue the purchase with confidence) given the obvious issues with the world right now.Both properties cashflow, and all of my other properties cashflow (if tenants pay rent obviously) with the new 5plex cashflowing right around 2k per month.
Satyam Mistry
Turnover time between Tenants
23 April 2020 | 3 replies
Is it the wrong time of season?
Scott W Smith
Looking for *AWESOME* Tax Accountant / planner for Central VA
12 April 2020 | 1 reply
. $2-4k of model trains to local museum)3) How to shelter rental income (LLC vs S-Corp on passive income, any other strategies)4) Prep for 1031 exchange5) Normal RE purchase / sale tax adviceI understand that this is the "tax / busy season", but I'm looking to schedule a first consult (hopefully) before May, and a 2-min call before that would help tremendously in trying to get a head start on next year!
Chris Cambridge
You decide what’s best
30 March 2020 | 0 replies
Although you must decide which relief program is best for you, we believe that the CARES Act SBA 7(a) Relief Loan is the better option for the following reasons:The SBA EIDL program already has a bottleneck of over 25,000 applications.CARES Act SBA 7(a) Relief Loans are available up to $10,000,000 vs. only $2,000,000 for the EIDL program.With the expertise and experience of seasoned SBA lenders and loan providers involved and helping to shape policy, we anticipate that the CARES Act SBA 7(a) Relief Loan program will be more streamlined than the EIDL program, and funding will be available faster.So if you don’t know now you know!