Mike Flynn
Tenant won't return addendum for service pet
4 February 2020 | 4 replies
HUD guidance for documentation requirements of need for 'emotional support animals' were just updated in January.
Shawn York
Disbursement from SDIRA
5 February 2020 | 4 replies
So title company suggested that maybe a real estate attorney could do some simple paperwork for the the deed showing the SDIRA is "selling" 20% and the new deed would read "xyz-LLC" 80% owner and "XYZ" (private person) 20% owner.Any ideas/previous experience/guidance/suggestions?
Shahmeran Gilani
New Investor/Landlord systems
5 February 2020 | 2 replies
There is a lot of guidance on the forums for PM software; from TenantCloud, to Cozy, etc.
Luis Valdovinos
Buying a house in Puerto Rico and renting it out.
5 February 2020 | 2 replies
I have a job that pays salary, I currently am renting an apartment, I am 22 years old and just needing guidance.
Gregory DuVall
Found this, HUD guidelines for service, and assistance animals
4 February 2020 | 1 reply
I found this article that links to the new HUD guidelines on Reasonable Accommodations For Assistance Animals, including Service animals, and emotional support animals. the actual guidance does not change any current laws, but it does help to clarify and provide some best practices for us as landlords and tenants seeking to request reasonable accommodations. https://www.forbes.com/sites/brendarichardson/2020/01/28/hud-issues-new-guidance-on-reasonable-accommodations-for-assistance-animals/#3a4bf8c26531And the actual guidance is below https://www.hud.gov/sites/dfiles/PA/documents/HUDAsstAnimalNC1-28-2020.pdf
Andrew McCotter
If you have CASH, should you use it to finance your deals?
10 February 2020 | 42 replies
Use it, and you can get an infinite number of uses out of it.Your seed money (cash) is your most valuable asset...don't spend it, use it.Example: $100k in cashOption #1: Spend it all on 1 propertyCost = $100k# of properties owned; Asset(s) value = 1; $100kCash Flow/property; total = $10k/year;$10k/year# Years to break even (profit starts) = 10Asset value (5% appreciation/yr) after 1 year = $105k# of years to buy next property (assuming same way) = 10Cash flow at end of 10 years = $10/yrAsset value at end of 10 years = $265kOption #2: Spend 20% on 1 property, leverage the restCost = $20k/property# of properties owned; Asset(s) value = 5; $500kCash Flow/property; total = $5k/year; $25k/year# Years to break even (profit starts) = 4Asset value (5% appreciation/yr) after 1 year = $525k# of years to buy next property (assuming same way) = 1Cashflow at end of 10 years = $215k/yr (PM me and I'l show you the math)Asset value at end of 10 years = $4.975M
Carl West
Starting business bank account tips?
6 February 2020 | 2 replies
Is there any tips or things I should know before I do so any valuable information will help and is appreciated thanks in advance!
Brandon Roof
Year End Tax Assistance (Flip)
5 February 2020 | 3 replies
Thank you for your guidance!
Carolyn Footitt
Newbie investor in Atlanta, Georgia
5 February 2020 | 6 replies
I’m moving there next month and plan to drive the areas below if you have any guidance on where to focus first.
Richard Dixon
Lease Option - Caribbean Villa
5 February 2020 | 2 replies
What would be your recommendation(s), remember this is my initial thought process and hence seeking guidance for obtaining such property, if possible.