Linda Reynolds
Pros and Cons of investing in Port Huron, Michigan?
20 December 2022 | 18 replies
My wife's brothers are in Ontario, so Port Huron looks attractive from that perspective as well.
Roy Williams
Real Estate Professional - IRS Audit
20 July 2011 | 49 replies
From the IRS' perspective, if you have a full time job, it means that in order for you to qualify for RE Professional status, you'll need to be averaging more than 80 working hours per week, 52 weeks per year.Most people don't have the stamina to work 80 hours per week consistently, month in and month out, and I'm guessing the IRS recognizes this, and knows that most people making this claim are not truly doing this.
David Zheng
Trespassing vs. Squatter. First Scary Encounter.
18 June 2017 | 25 replies
If I pull a gun and call the cops and nothing happens, he's arrested and charged with burglary (probably plea-bargained down to trespassing) and I'm good to go from both a protection and legal perspective.
Joseph DiBernardo
Sourcing Deals & the 2% rule
4 December 2022 | 12 replies
If you'd like a complete overview of what a D-F grade neighborhood in Cleveland looks like from an investment perspective, you'll want to give The Ultimate Guide to Grading Cleveland Neighborhoods a read.
Michael Brown
What are the next steps after establishing contact to Homeowner?
11 November 2022 | 9 replies
(That is a matter of opinion/perspective").. but "The cabinets are 17 years old".. that is DATA.
Christopher Rucks
Normal to pay a brokerage service fee of $500?
12 December 2022 | 24 replies
maybe paying her a fee on top of what she will receive from the seller will be worth it.I normally see a fee request from the agent is low-cost markets to help compensate them for their time/work.Philadelphia, from my perspective, does not appear to be a lost cost market where an additional fee of $500 would be considered normal.Best of luck
Danielle Elms
Should I keep my property?
15 November 2022 | 17 replies
From the CF perspective, it will take you 133 years for the accumulated CF to equal the equity.
Max Cohen
Sometimes You Have To Be Flexible: The Story of My BRRRRSTR
11 November 2022 | 0 replies
Well, the market shifted so intensely and quickly with rates doubling from January 2022 to October 2022, it didn’t make sense to give up my 3.25% interest rate on the first mortgage in exchange for a primary residence jumbo loan, probably around 7.5%.
David Lund
Monthly cash flow dead?
27 November 2022 | 28 replies
Great advice and gives me a new perspective to think about!
Lauren Heinen
Handling a future rental that is a primary for next 12 months
29 November 2022 | 4 replies
[Note, this is from the business perspective...some of these items may still be deductible on personal taxes if you itemize].