Larry Pruitt
Commercial Loan Assumptions
4 June 2024 | 2 replies
Hey guys,I am a realtor in NYC and have a well back client looking to purchase distressed commercial properties.
Jeff Klonowski
Subdividing Land with a Mortgage already on property.
4 June 2024 | 13 replies
If it comes back valued more than the loan then there isnt a problem.
Bruce Lynn
What's the busiest day of the week and month for large property manager
4 June 2024 | 5 replies
Weekday: MondaysDay of Month: end of month dealing with MoveOuts.
Michielu Menning
Contract for Deed -- too risky? Reasonable ways to mitigate
4 June 2024 | 4 replies
Situation: - 3 years at 6.75% with a balloon at the end.
Jim K.
FOUND: $642K and gold behind a water heater
3 June 2024 | 56 replies
Yeah, before this, all I'd ever found was a deck of playing cards with 52 sexual positions on the back.
Account Closed
Evolve is a SCAM
2 June 2024 | 2 replies
Eleven of the bookings we received from Evolve were under the age of our booking requirement, threw parties, that ended up with complaints from our neighbors, broken antiques, glitter in our carpets and vomit in our beds.
Sean Haran
Is a sewer scope worth it in Columbus OH?
3 June 2024 | 47 replies
If you do a scope most of the time you end up doing an auger cleaning to remove tree roots or some sort of build up.
Millie Leung
Looking for a property management company
5 June 2024 | 7 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!
Michael Plaks
Caution story: Cost segregation done WRONG
4 June 2024 | 10 replies
However, it will likely lower future cash flow so it is a time-value of money play (and perhaps income tax bracket matching... ie, big deduction during a one-off big income year).Two properties... one with cost seg and one with out will have the same depreciation taken at the end of its life (27.5 or 39.0 years).Also keep in mind that STR usually requires 39.0 years of depreciation for the primary building asset.
Alexander Szikla
Taming the Inflation Beast: Why Current Inflation is Less Alarming Than Expected
4 June 2024 | 1 reply
Rental rates will likely remain close to their “sticky” highs, especially after the recent corrections seen in quasi-oversupplied markets and consumers will have to pull back elsewhere.Excluding shelter, core inflation has actually been at 2% for some time now.