Katrina P.
Working with contractor who doesn't want to be w-9ed
Hey everybody,
Hubby and I are in the process of finishing up on our first flip, and we have some finishing touches that need to be done (i.e., changing receptacles, cleaning trash out of attick, painting inside of c...
Julio Salado
New Agent- Home Office Basics? Julio - Boston
Good day,
After having my RE license for almost a year I'm finally going to use it.
Just got hired with a local broker & I am in the process of setting up a home office.
Based on your experience are there any h...
Amer Nassar
Cost segregation study on Residential condo rentals?
Hi all,Does anyone have any experience using companies like KBKG who offer cost segregator calculators and algorithm to determine condo cost segregation from empirical data? Are these reliable and more importantly saf...
Andre Alonzo
Lack of Trailing 12
I've been talking to brokers this past month and I'm seeing that most of the properties don't have a T12 available. At most, they have a T3. Are any of you making offers without a T12? Am I asking too much to see t...
John N Cook
ROBS 401K for Fix & Flip
I'm looking for guidance on potentially using funds from a SIMPLE IRA to convert to a ROBS 401k in order to access for a fix and flip opportunity, and whether this is a viable approach along with pros and cons.Thanks!
Matthew Nelson
Prop manager adjusting ledger 18 months later
Was working with the property management company for two years. Two months ago, I decided to cancel our arrangement with them. I had downloaded all of the ledgers from the online portal .
4 days after the relationshi...
Chris McHaney
EIDL Use of Funds and Real Need?
We have been approved for the EIDL loan, but after taking a look at all of the requirements for use of funds, I can't see how it's advisable for landlords to take this loan, unless you are truly in need, hence the ter...
Craig Lessler
CARES Act - 457B Plan Withdrawal of $100,000
I have a 457B Plan and would like to know if I am eligible under the CARES Act as a real estate investor to withdraw $100,000 from my 457B Plan. Assuming My State job is unaffected by COVID-19, does anyone know if I ...
JonPaul Kessinger
At what price point does a Cost segregation study become worth it?
At what price point does a Cost segregation study become worth it? I have a property I am almost done with the remodel on and it will most likely appraise for 160k and have another that did for 140k. Would it be worth...
Joe Livsey
House Hack - Tax Write-Off for Tools/Lawn care??
I am about to close on my first house hack investment, a duplex, using an FHA loan. There will be renters in one half and I'll live in the other. Having been a renter my whole adult life I own minimal tools and zero l...