Daniel Apajee
New to real estate wholesaling - would love a mentor or advice
26 March 2024 | 2 replies
For local connections I’d recommend checking out the RI Real Estate Investors Group.They meet once a month in person for members and with another virtual meeting each month open to non-members too.I’ve been a member since 2003 and generally found it worthwhile.
Marc S.
Stessa as a Property Managment Site
26 March 2024 | 5 replies
About collecting rent through Zelle, though, there are a few key reasons why it might not be the best fit for you as a landlord or property management firm, especially in the long run:Zelle is Designed for Personal Use: Its features are great for sending money to friends and family, but it lacks the business functionalities that landlords need, like automatic rent tracking and late fees.No Rent-Specific Features: You'll miss out on handy features tailored for landlords, such as payment reminders, lease management, and maintenance requests.Transaction Limits and Dispute Resolution: Zelle has sending limits that could interfere with rent payments, and it doesn't offer the same level of protection and dispute resolution you'd get with services designed for rental transactions.Given these limitations, while Zelle might work for now, as you grow and manage more properties, you'll likely need a more robust solution that's designed with landlords in mind.
Steve Hungerford
Can I do a 1031 with the capital gains portion of the Sale......
28 March 2024 | 28 replies
(Other than the fact you have to reinvest all cash received obviously.)You also know that a personal residence can’t be 1031’d unless it was also a rental before sale, so the $250k exclusion wouldn’t apply unless it was both a primary and a rental.
Arda Bircan
Short Term Rental Tax Loophole for Physicians
26 March 2024 | 34 replies
I only comment on things that I have personal first-hand experiences, and I hope others would do the same.
Adam Macias
"Nearly Half Of All Real Estate Agents in 2023 Sold No Or One House"
26 March 2024 | 28 replies
I, myself, when looking at a deal, don't care to ever see it in person unless I know the numbers of what's possible.
Roman Martinez
LLC and getting funding
26 March 2024 | 3 replies
As @Clayton Silva said, you can only do FHA in personal name.
Laura Berkobin
Investment Property - Deal Structure with Family
26 March 2024 | 2 replies
Close relatives buying rental property together but one person (myself) will be the operator with down payment help from family members.
Sevag Keosseian
Getting into Real Estate Investing
26 March 2024 | 10 replies
I haven't done a down payment since 2015 and have 9 doors including my personal residence.
Brandon Salimi
Cost Segregation Clarification
25 March 2024 | 6 replies
We've both spent 100+ hours through various means over the past year - are we able to run a cost segregation study that would benefit both of us from a tax write-off perspective or only the person who spent the most time?
Matthew Dekker
Trying to find a successful rental strategy
26 March 2024 | 13 replies
There is no correct path for a particular person, it just has to work for you.