Seth Williams
Water-Saving Shower Heads - Know Of Any Good Ones?
30 May 2024 | 21 replies
thereby allowing these plumbing updates to pay for themselves).I've got the toilets and faucets all picked out (because I have personal experience with these and I know which ones are good) - but I'm not sure what to do about the shower heads...I know that shower heads are an item that can be the biggest money-saver (because these tend to consume more water than anything else).
Becca F.
Investing in California - pros and cons
30 May 2024 | 13 replies
Additionally, if you choose to occupy your rental property, and need to get tenants to move out, you'll likely need to Ellis Act the property which you'll need to pay tenants upwards of $35k+ per person to relocate and will eliminate your ability to use it as a rental for up to 10 years.
Kadia Lawrence
How to calculate 3X income rule for section 8 and Minimum credit score
27 May 2024 | 4 replies
I guess the proxy might be what the person is paying now provided this isn't their first.
Kadia Lawrence
Thoughts on how to analyze small mixed-use property for rental?
29 May 2024 | 2 replies
Personally, I analyze the residential units as guaranteed income and don't look at the commercial space at all.
Quincy Jones
Can’t seem to find financing as new investor.
28 May 2024 | 28 replies
It can be challenging to oversee all of this, but it is a way to force equity.
Mark C.
Forming an llc in Maryland for first rental property
29 May 2024 | 5 replies
Great question 1) tenant is a serial killer (or similar 2) tenant is psycho and tries to sue me personally thinking I may settle and avoid litigation fees.
Andy Lanyi
1031 exchange from trust to LLC, will it work
29 May 2024 | 2 replies
If the trust is what is called a "disregarded entity" (meaning it does not have it's own TIN and does not file a tax return) then the activity of that property is reported on your personal tax return.
Benjamin Hui
Pest control - who should foot the bill?
30 May 2024 | 8 replies
In my personal opinion this is a very small issue that can be easily handled in a Saturday afternoon Congrats on having 2 rentals in this market!
Andres Bernal
ARBNB in Punta Cana, Dominican Republic.
29 May 2024 | 36 replies
The Dominican Republic can be a great place to invest but, personally, Punta Cana would be the last place I'd invest in.Two years ago, during a meeting I had at the Ministry of Tourism in Santo Domingo, one of the head honchos there clearly told me "If I were you, I wouldn't invest in Punta Cana".
Harshraj Thakor
What's the best software/way to collect rent for house hacking?
29 May 2024 | 15 replies
Rentredi is also a popular one (paid service) but I can't give my personal experience on that.