Jimmy Chao
Selling fixer to relative and avoiding seasoning period.
19 January 2025 | 3 replies
Before seasoning period ends, I want to sell to my younger brother who purchases with conventional mortgage.Is there anything wrong with this idea?
Scott K.
STR insurance - Proper alternatives?
8 January 2025 | 13 replies
Not sure how you cashflow with Proper, it’s just not proper.
Matthew Posteraro
Conservative Scaling for House Hacking
20 January 2025 | 9 replies
It is important to find something that was properly maintained, with modern plumbing, electrical and roofing.
Buddy Herbruck
Wholesaling Land DD Period
30 December 2024 | 1 reply
When wholesaling vacant residential land (city lots or larger residential parcel in rural areas) how long is the due diligence period?
Joseph S.
Current PPR Reviews
25 January 2025 | 32 replies
Even with some people I believe are honest, I simply believe most do not properly analyze and manage risk, as is evident with nearly every syndication doing capital calls right now because they didnt properly plan for rising rates.Dave Van Horn however, along with his company PPR one of the few people I trust in the real estate space.
Michelle Wang
Frustrated Massachusetts Landlord Seeking Advice on Dealing with Problematic Tenants
27 January 2025 | 13 replies
Whether it’s the proper legal route or unconventional methods, I’m open to any suggestions to help me get rid of these tenants sooner.Thank you in advance.I completely understand your frustration—situations like these can be incredibly challenging, both financially and emotionally.
Account Closed
PM needs ss#
22 January 2025 | 14 replies
- Of course, most of these PMCs weren't even properly licensed and were typically one-person companies.If you have an LLC, the PMC will only need the LLCs EIN.- If you chose to set up your LLC as a pass-thru entity, then you will need to supply your SSN.FYI - to avoid getting nasty letters from the IRS about errors (which might cause us to be audited), we will ask for a copy of your EIN assignment letter or a copy of your SSN card to confirm those numbers.
Angelo Llamas
Taxes on a property that isn’t yet ins service
22 January 2025 | 5 replies
Waiting until the 1-year period ends avoids potential loan issues and simplifies things.
Julio Gonzalez
Is my property a good candidate for cost segregation?
17 January 2025 | 2 replies
This allows for proper retirement of assets.If a property has already been sold it may still be a good candidate for cost segregation as long as you sold the building and have not filed the tax return.
Eyal Goren
Is Subto legal?
14 January 2025 | 23 replies
Also, I believe I saw somewhere that the mortgage won't count against the original owners DTI after a period of time if they show someone else is paying the mortgage.