Lloyd Segal
Economic Update (Sept 28 - Oct 3, 2020)
28 September 2020 | 0 replies
That is never acceptable!
David Niu
Turn key rental property deal
2 October 2020 | 6 replies
You can make an equity flow spreadsheet to find a good margin that you can accept then determine the date.
Paul Witte
Managing night/weekend/vacation-time calls
29 September 2020 | 8 replies
Most of my competitors don't have a screening process, accept online payments, or know how to handle an eviction.The real question is, can your manager justify their fees?
Norman Berman
Good holding options besides an LLC?
29 September 2020 | 6 replies
Just keep in mind that these structures are more complex and therefore more expensive, so you will be trading $800 tax for a higher cost of setting it all up and possibly some annual compliance costs on top of it.Maybe accept your $800 sacrifice to the Evil Lords of the West Coast as the cost of doing business and focus on increasing your cash flow.
Kyle Keller
Do I need to be pre-approved?
29 September 2020 | 4 replies
If that offer gets accepted, should I be worried about not getting approved in time?
Luke Hadden
Self Directed IRA (SDIRA) - Legal?
29 September 2020 | 4 replies
You could also ask if the sponsor will accept a lower investment amount.
Javier Kaufmann
Thoughts on turnkey rentals
13 October 2020 | 52 replies
Get independent inspection - do not accept the words of selling party, no matter how reliable.
Brett White
Going on 7months, still haven’t closed...
29 September 2020 | 5 replies
Contract was accepted Everything was going smooth until the virus came and everything shut down.
Joshua Jarrett
First time dealing with trouble tenants.
29 September 2020 | 8 replies
I require tenants to give a 30-day notice in writing, pay an early termination fee equal to a month's rent when they give notice, in that they allow me to market and show the home during those last 30 days. over 80% of departing tenants accept these terms and I end up making more money because of it.Negotiating a win-win is always the best option.
Robert McAllister
Commercial property conversion to multi-family
23 January 2021 | 13 replies
@Rob McAllister I wasn't able to do the motel conversion as the seller accepted a different offer.