Mike Bayer
Newbie Needs Tax Help
17 April 2024 | 7 replies
You'd want to report this activity on Sch C instead since it's a different type of business activity.
Fernando Gigiiotti
Bank Statement HELOC for non U.S. citizen
17 April 2024 | 5 replies
Guys I read a couple great posts here about HELOC for self employed businesses were there are many write offs to show an income on a tax return.
Allen L.
Anyone have whole life insurance policies?
18 April 2024 | 5 replies
Remember to back it out as a business expense too which should make the real rate a point or two lower depending on your tax bracket.2) For securing loans, I incorporate the value stated on balance sheets within my personal financial statements.
David Friedman
570 W 4th Street, San Bernardino
18 April 2024 | 16 replies
That would fill in the daytime and nighttime traffic and keep the building busy which would attract higher paying tenants for all of the other suites.A mural is a part of the plan.
David John Forliti
Conflicting information on 2BR/3BR vs larger houses
18 April 2024 | 14 replies
As mentioned above, some markets are visited by large groups on vacation while others are more "utilitarian" (business travel, insurance stays, special events, etc.).Competitive analysis will tell you what the market is currently bearing.
Christian Pancake
How Important is Off Street Parking/
17 April 2024 | 2 replies
I agree with @Erin Spradlin - I think if you can confirm/convince potential tenants that there is plenty of on street parking it is not an issue, but if it is in a busy neighborhood where finding parking could be difficult I think adding the parking area would help a lot.
Sammy Roy
Out of State investor, looking to invest in single family home in Houston and suburbs
15 April 2024 | 11 replies
You can send me a private message if intrested and we can hop on a call.
Zach Z.
Contractor for rehab in orlando
17 April 2024 | 6 replies
contractors are busy and like to stay within a certain range so recommendations will be based on where you are.
Evan Polaski
Is Floating Rate Debt still Bad?
17 April 2024 | 3 replies
His reasons were: a) he can borrow capital improvement budget, thereby not diluting LP returns and b) he could not underwrite yield maintenance.He continued to imply that his business model will remain short term holds (under 5 years) so this debt works for him and is better than fixed rate.My question to this community: would you still be willing to invest with an operator taking out floating rate debt in today's world?