Kyle Ashmore
What is your Financial Independence number?
14 July 2021 | 19 replies
And then investors who get portfolio loans on SFR's and really dont understand how tough those are to manage with reporting and covenants in the loan that have to be met on an annual basis they just sucked in on the low interest rate.
Michael D'Elia
Civil Drawings - Pricing
5 January 2022 | 2 replies
. - Drainage Report/Analysis could be a big cost item depending on the governing agency & what the stormwater requirements are.
Robert Andersen
How do you find good tenants in Chicago?
28 August 2021 | 20 replies
I gave it to a rental advertising company and they had a few applications but I turned them down because of collections on there credit report.
Jill F.
Perils of "D" neighborhoods
14 July 2021 | 3 replies
We had a report of roof leak in one of our "D" neighborhood properties and this is what our handyman found: He said it is a bullet hole (not from tenants inside).
Josh Darley
Do your realtors find you deals?
14 July 2021 | 10 replies
The magic of MLS querying can't really be done within the MLS itself because the most revealing data bubbles up when you join the for sale data with the for rent data and correlate ratios of average price in a subdivision with average rent.
Lorinda Fields
Funding a Solo 401k
22 July 2021 | 7 replies
@Lorinda Fileds1099 income reported on a schedule C would generally make you eligible for a Solo 401k plan as long as you do not have any non-owner employees.
Justin Kemp
Pay Off Student Loans Before House Hacking?
14 July 2021 | 6 replies
Your payment history will remain on your credit report and your debt is reduced.
Domonique Morrison
[Calc Review] Help me analyze this deal
13 July 2021 | 0 replies
View report*This link comes directly from our calculators, based on information input by the member who posted.
Elena S.
Should I buy a 4-plex with foundation issues?
15 July 2021 | 21 replies
Inspection revealed major issues with the property, some of which were not disclosed: evidence of foundation problem (stair-step and horizontal cracks, bowing towards the inside of the basement, uneven floors in units); basement leaks, roof leaks, 1 furnace is putting out carbon monoxide and needs to be repaired, etc.
Michael Cote
Who gets to claim depreciation with multiple owners?
2 January 2022 | 5 replies
@Michael CoteIf the property is owned as tenants in common(TIC), the rental activity would be reported on each taxpayer's return based on their interest in the TIC.