Dave Ivery
Why do so many people fail to get started?
22 June 2024 | 21 replies
It may require more capital and harder work, it all depends on how bad you want it.
Juan Ayala
Tips for Selling Property Offering Creative Financing Options
21 June 2024 | 1 reply
Here’s the scoop on the property:Property Details:Built in 2021: Modern and low-maintenance.4 Bedrooms (Convertible to 5): Flexible layout.2 Bathrooms: Great for families or multiple tenants.Turnkey Rental or Primary Home: Ready for investors or as a family home.Location: Just 10 minutes from the University of Riverside.Vacant: Ready to move in right awayMortgage: VA loan @2.5 percent interest rateWhat I’m Looking For:Realtor Recommendations: I need a realtor who knows their stuff with creative financing—seller financing, lease-to-own, etc.
Christopher Davis
Tenant security deposit deductions: soft things like time and labor?
22 June 2024 | 7 replies
The good news is that the tenant is unlikely to take you to court if you have clean documentation of the damages and work necessary.The time required to research and order a replacement remote?
James Wierzba
Sue for lack of disclosure of water intrusion?
20 June 2024 | 6 replies
One bed+bath upstairs, two beds + one bath in a finished basement.Fast forward 5 years (after the long term tenant of 4 years left) and I get a report that the basement has been ruined from water intrusion, requiring the entire basement to be gutted and re-finished.
Duy Xuan Do
House Hacking Plan in 3 years
22 June 2024 | 6 replies
I recommend checking with an investor-friendly lender that you won't issues with obtaining a loan on your 3rd and 4th purchase because your DTI (debt-to-income) ratio may become too high.
Cannen Hill
Profitable first move?
22 June 2024 | 2 replies
I highly recommend local meetups, as you can meet other investors who have already gone through the wins and losses.
Paige Corsello
Investing in multi-family residential construction?
22 June 2024 | 7 replies
This is interesting, is there a requirement for how many builds to have in inventory to be considered a developer or is one sufficient for this tax incentive ?
Emma Redfern
How’s the mid-term rental in Cincinnati
22 June 2024 | 5 replies
I recommend 30-Day Stay by Zeona McIntyre and Sarah Weaver, published by BiggerPockets; it was a great help as we got started.
Krystle Khoo
For house-hackers: best tenant screening and rent collection app?
21 June 2024 | 7 replies
What app do you recommend to screen for tenants and collect rent?
Tyler Prosser
Combining Section 121 and 1031
21 June 2024 | 6 replies
But because they qualify for the 121 exemption their account reconciles that with the taxable boot and not tax is due.If their sale is for $1 mil and they take $500K out in boot then their reinvestment requirements becomes $500K because they already took $500K of profit out.I'll reach out via pm to explain more fully.