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27 November 2024 | 26 replies
Yes the tenant could have done things differently, but just as a manager is responsible for the people under them and their actions, same applies to you as the landlord.
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22 November 2024 | 14 replies
Wholesaling is just adding another time-for-money trade to your already busy schedule.
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21 November 2024 | 12 replies
Keep in mind that if issues arise and you decide to sue someone, it may be more challenging to take legal action against the wholesaler and hold them accountable for their actions.
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19 November 2024 | 0 replies
To qualify, taxpayers must meet specific criteria demonstrating that they are real estate professionals who materially participate in their rental activities.How to Navigate the Rules:Step 1: Identify your real property trades or businessesHere is a list of activities that are considered to be a real property trade or business:RedevelopmentLeasingConversionConstructionReal property developmentReconstructionOperationRentalBrokerageManagementAcquisitionIf you participate in multiple of these activities, you may be able to combine them making it easier to meet the material participation hour requirements.Step 2: Demonstrate material participation in real property trades or businessesThere are seven tests to determine if you demonstrate material participation.
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22 November 2024 | 1 reply
Action will always trump inaction - I have made mistakes, but this deal has taught me a ton, AND we are making money on the deal.
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19 November 2024 | 1 reply
Investors buy shares and earn returns through dividends and potential stock price appreciation.You typically can’t lose more than your initial investment with publicly traded REITs.
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20 November 2024 | 9 replies
Taking legal action against another party necessarily involves questions of law and can result detrimental legal impacts on him if he files a lawsuit without proper grounds to do so, or where the opposing party may have counter-claims against him.
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22 November 2024 | 5 replies
Why Reviews Are Crucial for Your Airbnb SuccessBuild Trust with Guests: Positive reviews show potential guests that your property is reliable and welcoming, making it more likely they’ll choose your space over others.Boost Visibility on Airbnb: Higher ratings mean your property is more likely to appear in search results, leading to more bookings and greater income potential.Learn and Improve: Reviews often provide actionable feedback.
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20 November 2024 | 9 replies
It's the one thing that will take your from analysis paralysis to action because it's the only way to put the learning you've done from podcasts and books into real life - by talking with others who have done what you want to do or who are trying to do what you want to do.Get your finances set and talk to a lender so you know what you can afford.Stay local.
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21 November 2024 | 1 reply
Action will always trump inaction - I have made mistakes, but this deal has taught me a ton, AND we are making money on the deal.