Jerry Kim
Index funds vs RE Syndication as Limited Partner
14 November 2019 | 12 replies
Selecting quality jockey first (syndicator), then the horse (property), is usually best.
Jacques Herve
Reconciling appreciation and cash flow plays?
16 November 2019 | 10 replies
Silver line extension in NoVa?
Brian Bilquist
Cleveland Water Bill - Unlimited Risk Potential?
13 October 2019 | 3 replies
BrianNothing prevents tenant from running the water, kicking holes in walls and door, or other vandalism.However, these things seldom happen as retribution.More likely, a tenant fills up an inflatable pool every other day in the summer, or fails to report that the kitchen drain is leaking, or that the boyfriend beats her up every weekend and busting up the place, or that tenant lets a dog do his business on the carpet, or overflows the tub because they fell asleep.While a good tenant will agree to a fair water policy; the court will typically throw out the policy in an eviction.Keep in mind that you can get a leak notification from water department via “clear-reads” through the mycleveland water website.Usually bad tenants are multi-dimensional... they tend to follow a pattern... low credit score, extension criminal background hits such as driving with suspended license, expired plates, drugs, panning the rent late, refusing to pay the water, violating trash pickup guidelines, police calls by the neighbors, no-show for service calls, removing smoke retractor batteries for the kids toys, not replacing burned out lightbulbs, not taking care of the yard (in a single family”, busting blinds and screens, etc.
Anthony Giardina
Running the numbers on Sacramento properties, nothing makes sense
26 December 2019 | 20 replies
One of my selection criteria so far has actually been small lots, because I don't want to pay for landscaping service or spend my weekends trimming somebody else's shrubs.
Pankaj Sharma
Favorite book on RE?
30 December 2019 | 23 replies
It includes details on how to select markets, establish criteria for selecting properties, due diligence and underwriting, etc.
Brian Zaug
closing next week, tenants behind on rent
29 December 2019 | 11 replies
I told them that our company will be doing extensive renovations on this property including some new appliances, water heater, roof, foundation repair, mice extermination, etc.
David Nacco
Tax Deductible Home Office
9 October 2019 | 7 replies
@David NaccoYes if you use the space specifically for work and not an extension of your living space.
Denishia Harper
Wholesale/ Investor Friendly brokerages in Illinois
11 December 2019 | 8 replies
They have a pretty extensive training program that last for four weeks and a mentorship program that pairs you with someone else while you get started.
Juan M Restrepo
Can I use a 401k Loan for down payment on a Home?
1 November 2019 | 5 replies
The repayment terms for a 401k participant loan are equal monthly/quarterly payments of principal and interest (typically prime plus 1%) over a 5 year term (longer if used to acquire your principal residence).Please note that if you take a full $50,000 and then pay back the loan, you can't take another $50,000 until 12 months after the first loan was fully paid back.Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).
Debbie Bone
Vacation rentals - EVOLVE - opinions?
6 June 2021 | 9 replies
I studied up on Evolve extensively and decided against it.