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15 April 2024 | 7 replies
@Bonnie Low if you have an international student they will have an SSN if they will be paid by the university or sometimes get an ITIN to open a bank account. locally you may be able to search by name in local databases but it isn't usually helpful.
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15 April 2024 | 0 replies
What web-based solutions are you guys using to keep track of your portfolio?
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16 April 2024 | 4 replies
I can also send you the MLS link for your on-market search.
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16 April 2024 | 2 replies
I’ve seen a bunch of posts here over the past six month on BP where people seem to be betting big money (some call it investing) based purely on someone’s charm and word.
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14 April 2024 | 15 replies
Never mind, should have used the search feature before asking....
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16 April 2024 | 6 replies
Buy 4 more properties - one approximately every 3 months, based on the following logic = always fill existing property with a tenant prior to moving on (I'm new, and this is my way of managing risk); build resources to purchase next property (I have pretty decent purchasing power right now through conventional lending with my current job, and I also have a private lender ready to loan on my next property, and I also get a quarterly commission check that provides a nice financial bump every 3 months); finding a property takes time, but it is worth it to find the right property in the neighborhoods I want to invest in, at the right price.
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16 April 2024 | 7 replies
To have your activity qualify as material participation, you must meet one of the following tests:-Work more than 500 hours in the activity (a married couple can count the involvement of both spouses to meet this test)-Do substantially all the work in the activity-Work more than 100 hours in the activity, and no one else worked more than the taxpayer (including non-owners or employees)-The activity is a significant participation activity and your total time in all significant participation activities exceeds 500 hours-You materially participated in the activity in any five of the prior ten years-You materially participated in a personal service activity for any three prior years-Based on all facts and circumstances, you participate for more than 100 hours in the activity on a regular, continuous or substantial basis during the yearPractically speaking, this means you’re doing the work on your rental properties rather than hiring a property manager.
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15 April 2024 | 27 replies
I'm dealing with a similar situation, but based in California.
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14 April 2024 | 28 replies
@Daniel Lozowy you skip trace to find their contact info. a free way to do so is by searching the address via truepeoplesearch.com and matching that to the owner’s name you have. this is how i contact property owners when searching for deals. hope it helps!
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15 April 2024 | 11 replies
Based on your opinion, would DFW area also be a great starting point in Texas?