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21 November 2017 | 5 replies
I am currently employed but am seeking passive income in 2018.
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10 July 2019 | 7 replies
If you want to get involved in the day to day & make an active business buy a distressed property cash, renovate it & refinance.
21 November 2017 | 3 replies
Hello, are there any Realtors on here who are also active investors.
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30 November 2017 | 14 replies
Brenton,Be careful, if you materially do NOT participate in your rental activities you cannot deduct standard 25k passive losses.
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24 November 2017 | 5 replies
The partnership return reports to the IRS and State the partnership's activity during the year.
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25 November 2017 | 11 replies
Am generally not a fan of inheriting tenants and if I do, I prefer that my lease be implemented, but clearl y that is not always realistic.Thank you though for this suggestion and I am going to try to see if working it from your suggested angle will work here in Colorado.In the end, I want to set up a lease that does not have holes, that an attorney, God forbid we ever have to evict (though these tenants do not seem like the type to cause any issues and I generally am a good landlord and stay away as long as you are following policy, so thus having a detailed lease that covers most all and then just backing off.My inspections are generally once a year, outside of the move-in, move out.I also stay very engaged in the running of my property, thus self-managing as in the end, I strive to provide a place I would enjoy living and I actually live on one of my properties.Long story short, don’t care for the very vague lease that the current property management company has running.Additionally I have little confidence in the way they were managing the property.The property has so much potential but has clear signs of neglect and I intend to change that as I never simply abandon my properties.On the question of current lease, I have combed through it repeatedly and do not see any mention of what happens at lease expiration only what happens when tenants are seeking to terminate their lease, “30-day written notice required”.No stipulation on what is required of landlord at end of lease and/or automatic renewal, both items that I cover in my lease and another reason, why am not a big fan of the existing lease.Leaves out a lot.I prefer having systems in place where there is little chance of misunderstanding, so thus the nerves on this one, but I will get through, thanks to you all for all your great advice!
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22 November 2017 | 21 replies
Seek an understanding of the concepts and theories.
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21 November 2017 | 0 replies
I'm looking for recommendations for investor friendly title companies in York, PA.
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22 November 2017 | 8 replies
Summer demand is pretty good in many of these locations, too, because there are a lot of summer activities, and many of the ski mountains do mountain biking in the summer.
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23 November 2017 | 17 replies
His name will be appearing on the unlicensed activity records of the state in the near future.