Cj Holster
House Hacking in Kenosha
5 June 2020 | 8 replies
This could save you over 10k in taxes compared to a normal flip!
Reinaldo Lopez
The death of office space
26 June 2020 | 22 replies
All I am saying is humanity for most part goes back to normal after “system shocks” with some added precautionary measures.
Ivan Vasquez
To landlords: my tenant had a fire in the kitchen
3 June 2020 | 12 replies
We did also beg tenants to use normal store-bought covered fryers, we never had 1 fire from those.
Lee Guinn
mobile home wholesaling details
4 June 2020 | 3 replies
It's just like doing a normal wholesale deal.
Megan Brooks
Tenant turnover. How do you know they'll actually leave?
4 June 2020 | 14 replies
@Megan Brooks, We normally did not offer to do that unless it was a week or two prior to the move in.
Igor Nastaskin
Good idea to invest in fourplex in Los Angeles North Hollywood?
11 June 2020 | 13 replies
Normally, if the supply is increased, your rent will go down.
Paul Ellerbusch
LLCs: is an operating company enough?
12 June 2020 | 27 replies
I understand it’s not a normal process but it will help me with my rental arbitrage business model (many apartment complexes require at least 2 years of payment history before they will lease to an LLC via Sean Rakidzich on YouTube).
Antonio Williams
Using 401K for property
7 June 2020 | 11 replies
@Antonio Williams @Marlen WeberYou may want to reach out to the HR department of your employer.Your retirement fund admin may allow loans against your vested 401K balance.There are normally 2 loan provisionsGeneral & Home purchaseHome purchase loan provision allows for a longer pay-back period.Normally loans are not added to your income and not subject to taxes/penalties.Your future paychecks are reduced to pay-back the loan balance.There are also potential risks when taking a 401K loan, the balance being due upon being let go or quitting.Alternatively, this year cause of the cares act, you may potentially be able to take out a distribution(no requirement to pay back) and it wouldn't be subject to penalties.
Dave Thomas
Insurance for a short term rental , that is part of my house
4 June 2020 | 3 replies
I think you will need a commercial policy.I'd call your normal agent first and see if your covered.
Joshua Walker
Financing properties through banks
3 June 2020 | 3 replies
Do any of you have experience in this and what is normal for commercial loans for rental properties.