Andreas Mueller
A Skeptical Real Estate Investor - Inflation is up, now it's a Trend.
11 April 2024 | 3 replies
-The Skeptics Take: Good Vibes in the Market.The Weekly 3: News and Data to Keep You Informed-11 Studies, 1 Conclusion: Housing market is underbuilt (ResiClub).
Frank Macias
What to do with profits of vacant lot sale?
11 April 2024 | 4 replies
There are passive conservative real estate investments that qualify for a 1031 exchange and return in the same range plus quite a bit more when you factor in all of the Internal Rate of Return components.I always counsel folks to keep their equity and real estate investments separate.
Frank Nguyen
No 30 day notice, do I need to return deposit back to tenant?
11 April 2024 | 6 replies
Mine says you have to give me 30 days notice or you are breaking your lease and I can keep your deposit?
Mike Grudzien
Need recommendations for remote property management for STRs.
11 April 2024 | 8 replies
I'll keep you in mind.Thanks for reaching out!
Samantha Ward
How can buying out your car lease affect your options for getting a mortgage?
11 April 2024 | 10 replies
Keep in mind they will use 75% of the monthly rental amount to offset the mortgage payment (i.e. the fair market rent is $2000/mo, the lender will be able to use $1500/mo as income to offset whatever your mortgage payment comes out to).DSCR options are great if you CANT qualify for Conventional loans.
Account Closed
RV Office Write off. Is it a TRAP?
11 April 2024 | 10 replies
This means they must provide credible evidence to support their claims and comply with all substantiation and record-keeping requirements mandated by the tax code.Despite the taxpayers' testimony that the RV served as a boat sales office and provided nighttime security, they failed to produce any records or documentation to substantiate these claims.
Sabrina Savillo
Should I keep rental or sell and buy 2
8 April 2024 | 8 replies
I think there are other options at play with a potential cash out refi, acquiring a 2nd property while keeping the 1st, or even selling to acquire a 2-4 unit property instead of single family.
Angela Li
Details to ask from tenants in case of eviction/collection/legal issues
11 April 2024 | 1 reply
I don't ask for SSN and also personally have never provided/been pressured to provide them myself when I used to rent, and honestly don't want to open up liability for having to keep someone's SSN either.