Lamario Hopson
Buying my first tax deed this month
10 August 2018 | 8 replies
I think first you have to send a letter to the people living there and I think there a waiting period after that before you can do the ejectment. what part of Alabama you in?
Dan V.
Question on Business License
14 January 2019 | 1 reply
The business license tax period runs from July 1 to June 30 so since they're still operating in Santa Monica for around 2 months, they were required to renew the license for another year.
Scott Bond
What is a good cloud based software for Landlord with 1-10 props?
21 August 2018 | 5 replies
I know they have a free trial period, so it would be worth it to check them both out and see which one best meets your needs.
Julia Rockwell
[Calc Review] Help me analyze this deal- am I on the right track?
9 August 2018 | 4 replies
My second spreadsheet is mostly pulled from census data/trulia/zillow (so I take the numbers with a grain of salt) but it lists on the X axis the zipcodes as well as the county as a whole.On the Y axis it lists: average listing price, median sale price (90 day period), median sale price versus last year, price per square foot, price per square foot versus last year, median rent per month, vacancy rate, annual property growth value, number of rentals on the market for that month, median rent versus last year, median rent divided by 1BD/2BD/3BD etc etc, median age, median household income, school districts, single residents, college educated percentage, percent home owners, population growth etc (there's more but I feel this is sufficient to get the point)3.)
Surendra Chawla
Insurance company for backdated hazard insurance
10 August 2018 | 5 replies
I changed my insurance company from Foremost to Statefarm and ended up having a gap period from 10th to 27th June, 2018 without insurance.
Account Closed
Selling investment property
14 August 2018 | 3 replies
They're still considered capital gains but the STCG rates equal ordinary income rates.If the holding period is longer than a year, you will benefit from the long-term capital gains rates, which are significantly lower.Keep in mind, if you're flipping properties and are classified as a "dealer", the properties are considered inventory.
Dave Carella
Bubble, Bubble, toil and trouble
15 August 2018 | 81 replies
There are also periods of zero appreciation for housing in past decades so we could be going through that.
Patrick Fraire
Seller wants me to inherit their tenant
10 August 2018 | 19 replies
Put wording in it that after the one-year period she can renew at $xxx and just know going into it that she won't be able to afford this. 30-days prior to the end of the lease (or whatever CA requires for notice) give her notice to vacate and (assuming she doesn't fight it) she's out and you can get new renters in.
Jeremy Mahan
Should I sell my rental for money to put down on my own home?
10 August 2018 | 12 replies
Buy a 2-4 plex, and rent out the other units, or what my Brother did: converted part of his house to an efficiency and AirBnBs it to pay his mortgage.