Zach Wagner
MTR Start Up
29 August 2024 | 16 replies
Items to purchase list: https://docs.google.com/spreadsheets/d/1Yls8YiWI9WIs0J-jWYdD...3.
NA Reddy
Would I benefit from an LLC if I invest in RE thru Syndications
31 August 2024 | 12 replies
An LLC doesn't provide you the ability to deduct something that wasn't deductible before.You also want to be wary of 2% itemized deduction which is what you are describing a lot of your expenses.They are currently non-deductible at the federal level.
Jerome Morelos
MTR Income Loan Qualification
30 August 2024 | 15 replies
If you're able to get those items over before our call tomorrow we can go through and run more numbers based on offsetting that payment.DSCR is always a possibility for a new home, but it would not have the benefits of a primary residence lending option (terms and down payment).
Roberto Westerband
First Lien HELOC Strategy
8 September 2024 | 168 replies
If neither of these two items are an issue then I can't see why they wouldn't let you do it.
Nate Pucel
Water damage occurred inside home during roof replacement.
29 August 2024 | 4 replies
@Nate PucelThis will get answered based on the contract you have with the roofer and possibly your insuranceTypically a contractor is not responsible for consequential damages - meaning if they break something they are responsible for that item, not for any lost revenues etc.Now your insurance may have rental loss on it and they could go after the insurance of contractor but that also depends on your type of insuranceSo the answer is : it depends on what the agreements are
Gp G.
Mold Issue and Tenant Says Mold in Lungs as per Doctor report
30 August 2024 | 8 replies
Make sure that you have all your notes, pictures, work orders reports etc...keeep copious notes, its one of the most important items.
Alex Gatchalian
There are options! What do you think I should do?
29 August 2024 | 3 replies
One additional item is that I am planning to move out of my current residence no matter what, so will need to rent/buy for that.
Account Closed
DEAR NOAH: Am I overreacting or is it time for a new Property Manager?
30 August 2024 | 13 replies
There are not any unsafe items that MUST be repaired.
Christian Licata
In need of some advice for first property
29 August 2024 | 7 replies
It’s easy to go over budget or not realize all the items you need to account for until you start ripping into things and suddenly your ‘profitable’ flip is upside down.