Annie Anson
How to meet material participation hours for out of state investors
9 January 2025 | 20 replies
According to what I have read straight from the IRS website and other places, we need to either meet 500 hours, or at least 100 hours and also work more than anyone else on the property.
Craig Sparling
Exclusive right to rep (A post Burnet et Al world) for Real Estate investors
13 January 2025 | 1 reply
However, he asked me to sign a one-year Exclusive Right to Represent agreement, as presented to him by his brokerage.His interpretation is that it applies only when he materially assists me, but I think the boilerplate brokerage language he was given reads much more broadly:"If during the term of this Agreement Buyer enters into a contract for the purchase of Property through the services or efforts of the Broker or Buyer’s Brokerage Firm, or by or through any other persons during the term of this Agreement" (emphasis mine).My concern is that, under my interpretation, if a fellow real estate investor wants to unload a property or if I get pointed to an opportunity by a former agent, colleague, or friend, this agreement could create an obstacle to moving forward with the deal.In the end, I didn’t sign.
Neil Narayan
Georgetown is fastest-growing city of its size for 3rd straight year
27 December 2024 | 0 replies
An analysis of the data also shows that the city north of Austin grew 10.6% year-over-year, making it the fastest-growing city of at least 50,000 people. Kyle, south of Austin, ranked No. 2 with a 9% increase to 62,54...
Samuel Gebretnsae
Seller said "He is not required to disclose water damage repair done"
8 January 2025 | 27 replies
The seller responded that since the issue was repaired and he believes there is no ongoing problem, he did not think it needed to be disclosed.When I asked him to extend the inspection period so I could follow up with the repair company and conduct my own inspection, he declined.I disagree with this interpretation.
Michael Plaks
Crazy technicalities: how the IRS defines your age. Spoiler: it depends.
29 December 2024 | 1 reply
We have to interpret the phrase to the best of our abilities, aka guess.
Chris B.
ESA exemption option for small landlords
7 January 2025 | 4 replies
(seems straight forward)B) Landlord denies the request for ESA exemption of pet fee / pet rent, but offers the applicant the unit if they ARE willing to pay fee / rent for the animal as a pet.Or...
Joshua Kaufman
Commercial Late Fee calculations
5 January 2025 | 3 replies
Is it a straight 1.5% on the monthly rent after 5 days ($23.25)?
Nithin Kumar
Nextgen Properties in Maricopa county
11 January 2025 | 10 replies
In CA, there used to be two different house numbers and it was straight forward to rent them as a separate unit.
Eric McClintock
Houston based broker/agent with experience working with investors
13 January 2025 | 4 replies
Send me a Direct Message so we can determine if we are a good fit to work together and help you flip more properties in the Houston, Texas Area.I have a straight to the point and no BS approach so you will find some values when you reach out.Thank you
Jim G.
Is it required tempered glass windows?
12 January 2025 | 4 replies
This shall apply to single glazing and each pane in multiple glazing.Exception: Glazing that is more than 60 inches (1524 mm), measured horizontally and in a straight line, from the water’s edge of a bathtub, hot tub, spa, whirlpool or swimming pool or from the edge of a shower, sauna or steam room.