Robert Mendenhall
Older area home issues
26 February 2024 | 16 replies
A final note on plumbing systems in Columbus, in the downtown area I always scope the main waistline as it leaves the property, I find that about 30% of the time there is some kind of repair needed due to settling or tree roots.HVAC, finally and for me the least worrisome cap ex item is the HVAC system.
Logan Lester
Sell or Keep & Rent
27 February 2024 | 8 replies
If you rent it out for more than 2 or 3 years and then sell it, you have to pay cap gains on the profits.I'd also run the numbers on the house to see what you'd get for rent and what all of the costs are associated with the house (property taxes, insurance, repairs, vacancy as well as mortgage payment).
William C.
Insights on our lending situation for a primary residence coupled with our rentals...
27 February 2024 | 10 replies
For rentals not yet showing on your tax returns (like your Nevada property), many lenders will use 75% of the monthly rent to offset your PITI.
Nixon C.
My Journey with a Divorce-Listed Property Found on the MLS
26 February 2024 | 0 replies
They escalated the issue to the national board of realty, prompting the listing agent to finally respond.
Jose N.
Anyone had experience with American Home Shield?
26 February 2024 | 4 replies
They said Fidelity was much easier to work w/than Home Choice (everyone hates them) but when we had Fidelity it was the appliance repair company that refused to submit their final summary to replace our stove - even after Fidelity moved it from “repair” to “replace” status.
Joel Oh
Do you really need a STR insurance?
27 February 2024 | 28 replies
There so many answers here I'll just drop this thought you can think about.....It all depends on how hard you want to gamble when that large insurance claim finally does happen.Lastly, you want Waivo for small damage claims not your homeowner's insurance.
Kyle Jacques
Question on STR and Tax
24 February 2024 | 2 replies
I have used him for over 20 years and has been great but I want to make sure he is not missing any tax benefits for STR.
Jure Klepic
CORP or LLC
26 February 2024 | 7 replies
Hi, I am seeking advice on what kind of entity I should form for tax lien investing.
Betty Joseph
How to report late rents to the credit bureau (s)
25 February 2024 | 2 replies
Just make sure you send a proper late notice, offer a quit notice with amount and final due date.
Ryan Zainea
School project. Lenders needed!
25 February 2024 | 4 replies
I am a senior at Western Michigan university looking to connect with lenders to help me with my final graduation project.