Catie Fihn
Where Do I Get My Lease?
29 January 2024 | 5 replies
WLB has not only the lease, but at least a dozend other forms and notices you need (aplication form, lease, rules®, non-standard lease providsions, lead disclosure, CO and smke detector notice, pet agreement, 5 day notice, lease renewal etc.
Nicole Blankenship
Newbie Investor Choosing a Market
2 February 2024 | 52 replies
I am an owner, investor, consulting agent, and work for a large professional property management company in those markets.
David Walton
1099 Filing Question
30 January 2024 | 5 replies
We took over management for an owner of a 4-plex this year from a company that was shutting down the property management portion of their business.
Brett Merrill
Business and Building BRRRR deal for 0% down
30 January 2024 | 2 replies
The on-paper profitability did not reflect the true potential of the enterprise, and I knew transformative action was needed.Approaching the four distant owners, I proposed a comprehensive solution—acquiring both the business and the property.
Thomas W.
How did you buy your second investment property?
31 January 2024 | 24 replies
Third property was through owner-financing that we will pay off in six months using the combined rental income of all three properties.Our goal is to become a self-funding investment company, where the rental income pays for all new properties.
Jack I.
Has anybody heard anything about SB 567
30 January 2024 | 5 replies
Maria Elena Durazo, D-Los Angeles, that would critically hinder your ability to effectively manage and invest in rental housing in California.Here's how SB 567 could negatively impact you:Restricts your ability to move into your property: This legislation introduces a restrictive definition of an "owner," potentially preventing you from moving into your own property if you or your family needed to do so.Obstructs essential repairs and renovations: The bill could obstruct your ability to repair significant property damage or to conduct necessary renovations, even when tenant safety is at risk.Complicates property sales and investments: The bill introduces unnecessary obstacles if you're a small property owner looking to exit the rental market or sell your property.Your urgent action is required to oppose SB 567.
Shawn C.
Expense deductions for 1 Bed/1 Bath in Single-Family but for only 6 months
30 January 2024 | 3 replies
I've calculated the tenant-occupied vs. owner-occupied ratio and understand that for expenses that are for shared areas, that ratio would be applied at tax time to deduct.
Sheila Siegel
Does a lender exist for this type of d s c r loan?
30 January 2024 | 5 replies
Cross collateralizing ties the borrowers arms and legs- both must be non owner.
Kevin S.
Small business accountant vs accountant with REI background.
30 January 2024 | 11 replies
I am a small business owner and already have an accountant for past 25 yrs.
Cyrus Rapinan
2023 Texas Tax Relief
30 January 2024 | 1 reply
Texas recently passed a tax relief for property owners.