Alan DeRossett
inherited trust want to buy out sister and retain low prop 13 tax basis
11 February 2024 | 4 replies
ok yes, Dad's primary residence is also in the trust im getting 2020 Prop 58 mixed up with Prop 19.
David Rosen
Do I send 1099-NEC to property manager if they use AppFolio for accounting?
13 February 2024 | 4 replies
I thought if payments were larger than $600, landlord takes QBI, and PM is a sole proprietor LLC a 1099-NEC is generally needed.However my situation is unclear since the money was passed through AppFolio.
Beth Johnson
A few reminders for DIY private money lenders
12 February 2024 | 2 replies
.🛑 Blind trust in others' opinionsWhile guidance is valuable, ultimate responsibility lies with you.
Christie Gahan
Smart Property Managers!!
13 February 2024 | 12 replies
Communication has always been the sticking point for me as I am not quick to trust my investment to someone with no skin in the game and who hasnt' gotten my ok on spending my money.In my mind it might be better to find a realtor or other money partner in long distance properties and pay them a management fee for that service.Â
Shawn W.
Utah - looking for 2024 local RE market nuances: SLC, Lehi, Orem, Provo etc
13 February 2024 | 11 replies
I’m not saying you can’t have both, but unless you have a sizable down payment most properties in Utah are not going to cash flow with current interest rates.
Daniel M.
Seeking Insights: Choosing the Best Mortgage Option for an Investment Property
13 February 2024 | 5 replies
Here's a summary of the options:Option A: Offers a 7% interest rate with a 30% down payment from Bank A.
Kieran Dowling
Differnt types of loan products
13 February 2024 | 13 replies
Dscr would be my go to but, im trying to find a low down payment.
Rereloluwa Fatunmbi
Exploring Airbnb Opportunities: Furnishing and Managing a New Property in Akron, OH
14 February 2024 | 7 replies
I have allocated a budget of over $5,000 for furnishing the house, and my monthly payments (PITI) amount to $790.Given that I reside in Austin, TX, I am a bit worried about managing remotely.
Mimi Lieder
Different types of real estate investments
14 February 2024 | 15 replies
rentals are long term.house hacking locally with a lower down payment is much lower risk.Â
John S.
Has anyone had success purchasing directly through the listing agent? [story inside]
14 February 2024 | 24 replies
As the buyer, I would not have the legal risk; the agent who was taking part in the transaction as the dual agent would have that legal risk.Most importantly, though, if I felt that I needed the representation at all, I would find my own agent that I could trust.