Avtandil G.
Why property management is not very competitive in Columbus?
22 April 2019 | 13 replies
You're still paying the same amount for the same labor, except the NOI is significantly different due to their market rents.Personally I think flat rates should always be used.
Mark Gibbs
CPA familiar with notes
19 April 2019 | 9 replies
As far as taxation goes, everything is generally just considered active income except for when the loan is resold, especially after holding for 1 year.
Jakob Kegel
2nd mortgage forclosure
29 April 2019 | 10 replies
The borrower is not allowed to voluntarily or involuntarily transfer the property without the lender's consent, except for transfers allowed by law.I've purchased properties at HOA lien foreclosure sales subject to senior mortgages, which is similar to your situation except I was in an even weaker position.
Jerryll Noorden
Let me put an end to SEO vs. Paid Marketing For Once And For All
9 February 2021 | 48 replies
I keep seeing post about "help I cant find leads, I cant get leads", but when I suggest do SEO they say "ok except SEO".
Mike Hoherchak
For Newbies: Umbrella insurance or LLC; which makes more sense?
18 February 2019 | 6 replies
The stipulation is that it has to be for a primary residence, not an investment property, with the exception of a residential MF that you live in one of the units.
Michael Stokes
Kissimmee FL - STR Analysis
3 November 2021 | 46 replies
No one wants to go on vacation and feel like they are in Grandma's house (except maybe Grandma).3.
Ryan Flood
Capital Gains tax on owner occupied rental property owned by LLC?
19 March 2019 | 7 replies
I've gotten 3 conflicting answers and my accountant has no idea: a) I owe nothing because I lived in the building b) I only pay on 2/3 of my portion of the gains because I lived in the 3rd unit c) I can't claim the owner-occupied exception at all because the property was owned by an LLC.
Christian Johnson
Scared to get started!
16 August 2019 | 20 replies
Sometimes, the best deals you make are the ones you don't make...or the properties you don't get.You're not doing anything wrong here...except not realizing that getting offers rejected is a part of REI...and sometimes it's a successful part of REI.Keep firing offers...and deals will come.
Kelvin Choy
Personal Mortgage into LLC
20 March 2019 | 2 replies
You always have control and nobody else, not even your attorney, can manage or sell your property except for you.This is not legal advice, just my opinion as a real estate investor.
Sean Rhodes
House hacking tax question
27 March 2019 | 7 replies
Except not mortgage payments but mortgage interest, as well as other expenses like property taxes, insurance, HOA, utilities etc.