Sarah London
3 Ideas to Fill Winter Vacancy - Which do you recommend?
9 November 2018 | 2 replies
Drop rent $100 to match home down the streetInvest in stainless steel appliances to attract qualified applicant fasterOffer short term incentive like first month freeThank you in advance for your advice!
Cheryl Daniels
Tenant put Padlocks on all Rooms in Unit
14 November 2018 | 51 replies
And the knobs looked like they'd been switched around and were mix/match.
John-David Hails
How many deals do you analyze to get one that fits? 50? 72? 100?
10 November 2018 | 12 replies
When I say analyze I mean focusing in on the properties that seem to match my criteria.
Kyara S.
Working on Analyzing Properties - Is this a good deal?
11 November 2018 | 7 replies
@Kyara SchroederMake sure to contact the agent or owner and ask what rents are right now, look on rentometer AND SEE IF RENTS MATCH WITH WHAT THEY ANSWER.
Brandon Carriere
[Calc Review] Help me analyze this deal - Looked good at first?
9 November 2018 | 3 replies
The P&I in that don't match the P&I you stated in your post?
Jim Truman
What's the worst that can happen? Buy and hold small condo(s).
28 July 2019 | 24 replies
-As a broad stroke i didnt see that a 2br/1ba Condo was any Simpler on the math side, it wasnt some massive cash cow no one was catching, when you take rent and HOA fees Its basically like buying a home that's valued at $185-210k, its just that often times you can charge rents that line up with the 1% rule because a condo is often times in a more urban setting and as a generalization they match up.
Roman Rytov
Leveraging appreciation - HELOC or sell?
10 November 2018 | 2 replies
The last part of the story is that these properties have appreciated substantially.Two distinct questions come in this regard:1.
Andrew S.
Tips For Managing RE Agent Hours
22 November 2018 | 5 replies
I was able to get a couple sales and match my income from my previous W2 job.
Robert L.
How to report flip fees in LLC tax return
13 November 2018 | 9 replies
Better yet, think about creating a separate LLC for each flip (but again, IANAL, so check with one before going too much further)Third, consider that you may want an S-Corp for your flipping since that is Ordinary Income (NOT CAPITAL GAINS) and you'll owe not just ordinary income tax on that, but also possibly/probably self employment taxFourth, keep tracking each property's expenditures and matching it against its income when you sell it.
Marci Stein
Ever ok to forgive late fee?
13 November 2018 | 13 replies
This situation is one of the down sides of adjusting rent due date to match pay checks.